Luxe II Condos
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Luxe II Condos is a new condominium development by Menkes Developments Ltd. that is now complete located at 5793 Yonge Street, Toronto in the Newtonbrook neighbourhood with a 86/100 walk score and a 100/100 transit score. Luxe II Condos is designed by Rafael & Bigauskas Architects. Development is scheduled to be completed in 2010. The project is 22 storeys tall (70.00m, 229.7ft) and has a total of 190 suites ranging from 545 sq.ft to 1,129 sq.ft. Luxe II Condos is the # tallest condominium in and the # tallest condominium in .
Developers
About Menkes Developments Ltd.
Menkes Developments: Building Toronto's Future
Menkes Developments, a family-operated business with nearly 70 years of history, has become synonymous with quality and innovation in Toronto's real estate market. Established by Murray Menkes in 1954, the company began by constructing single-family homes and evolved into one of the largest private developers in Canada, focusing on the Greater Toronto Area (GTA).Overview of Menkes Developments
- Foundation and Growth: Founded in 1954 by visionary entrepreneur Murray Menkes, the company has expanded from building single-family homes to creating master-planned communities and high-rise condominiums.
- Family Leadership: Menkes is currently led by Murray's three sons, Alan, Steven, and Peter, along with grandsons Jared, Jason, Adam, and Sean, ensuring the company's legacy continues with the same commitment to excellence.
- Industry Impact: As of today, Menkes has developed over 15,000 homes and condominiums, with a significant influence in shaping the modern North York City Centre.
Key Highlights of Menkes Developments
- Diverse Portfolio: Menkes Developments is known for its multifaceted portfolio, including elegant family homes, luxury condominiums, and highly coveted office, industrial, and retail spaces in prime locations.
- Notable Projects: The company's past projects showcase its commitment to quality and innovation. Some of the landmarks include the Four Seasons Hotel & Residences in Bloor-Yorkville, the Empress Walk entertainment, shopping, and residential complex in North York City Centre, and the Harbour Plaza Residences / One York commercial retail complex in Toronto's South Core district.
- Environmental Commitment: Menkes has constructed rooftop solar installations atop 14 of its properties, totaling approximately 4.0 megawatts, one of the largest privately-owned rooftop solar portfolios in Canada.
- Awards and Recognition: Menkes has received numerous awards for its commitment to quality and customer service, including recognition by Tarion as one of the top builders in Ontario.
Customer Reviews and Testimonials
Customers and industry experts alike have consistently praised Menkes Developments for their dedication to quality, innovative design, and sustainability. The company's commitment to creating not just buildings, but communities, resonates strongly with residents who take pride in calling a Menkes property their home. In conclusion, Menkes Developments has played a pivotal role in shaping Toronto's skyline and residential landscape. With a legacy of nearly 70 years, the company continues to innovate and set new standards in the real estate industry, ensuring that its vision for quality, community, and sustainability is reflected in every project it undertakes.Neighbourhoods
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About Newtonbrook
Discover the Charm of Newtonbrook in North York: A Comprehensive Guide to Its Amenities, Real Estate, and Lifestyle
Newtonbrook, located in the northern part of Toronto’s North York district, is a neighborhood that seamlessly blends urban conveniences with suburban tranquility. Known for its diverse community, rich cultural scene, and picturesque landscapes, Newtonbrook is a favored choice for those seeking a balanced lifestyle. Here’s an in-depth look at what makes Newtonbrook stand out:
Why People Love Newtonbrook:
- Perfect Location: With an average commute time of just 30 minutes to downtown Toronto, Newtonbrook is ideal for those who wish to enjoy city life without the hustle and bustle.
- Cultural Diversity: The neighborhood boasts a rich cultural scene, with a variety of restaurants, shops, and community events that cater to all lifestyles.
- Scenic Beauty: Residents enjoy the abundance of green spaces, such as the East Don Parkland, perfect for leisurely strolls or family picnics.
- Quality Education: Newtonbrook is home to top-rated schools like Pleasant Public School and École Secondaire Catholique Monseigneur-De-Charbonnel, ensuring excellent educational opportunities.
- Safe and Family-Friendly: Known for its safe streets and family-oriented community, Newtonbrook is a place where tranquility and security are prioritized.
Local Amenities:
- Public Transit: With a high public transit score, residents have easy access to numerous bus stops and subway stations, ensuring convenient travel around the city.
- Cost of Living: While offering a premium lifestyle, the cost of living in Newtonbrook is 25% higher than the Ontario average, reflecting the quality and desirability of the neighborhood.
- Healthcare Facilities: The area is equipped with top-notch healthcare services, including Sunnybrook – St. John’s Rehab Hospital and various medical clinics and pharmacies.
Real Estate Highlights:
- Vibrant Market: The real estate market in Newtonbrook is dynamic, with properties like 73 Centre Ave and 82 Nipigon Ave being highly sought after. The median selling price for detached homes is $1,785,000.
- Condominiums: Condominiums like M2M, 6080 Yonge, Plaza and Yonge among others offer modern living spaces with convenient amenities, catering to a diverse range of preferences and lifestyles.
Demographics and Income:
- Diverse Population: Newtonbrook is home to a population of 26,506, with a diverse age distribution and cultural background.
- Average Household Income: The average household income in Newtonbrook is $115,710, providing a comfortable living standard for its residents.
- Real Estate Statistics: The home prices in Newtonbrook are 88% higher than the Ontario average, with a home price to income ratio of 19.2x, indicating a premium real estate market.
Newtonbrook offers a harmonious blend of urban convenience, suburban peace, and a high standard of living. Whether you’re a family looking for a safe community with excellent schools or a professional seeking a tranquil home close to the city, Newtonbrook caters to a wide range of needs and preferences. With its vibrant real estate market, diverse amenities, and welcoming community, Newtonbrook stands out as a top choice for those looking to experience the best of North York.
Key Information
- Gym / Exercise Room
- Party Room
- Media Room / Cinema
- Pet Restrictions
- Pool
- Visitor Parking
- Meeting / Function Room
- Sauna
- Concierge
- Guest Suites
- Parking Garage
- Security Guard
Additional Information
190 Suites
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