BAZIS loves Yorkville! This community is the cultural heart of Toronto, with galleries, museums and gardens, all within a short walk of 1 Yorkville; our Toronto condominium now selling, and under construction.
There is something so gratifying about taking a walk in the early spring sunshine and seeing the first blooms of tulips and daffodils emerge. Toronto’s Yorkville Village has some of the loveliest parks in the city, and you don’t have to go far to get a taste of mother nature.
What’s special about this neighbourhood, is that you can plan a route that takes you through parks, past sparkling boutiques and shops and into your favourite coffee shop for a rest.
For example, start with brunch at Cafe Boulud at the Four Seasons, then take in Yorkville’s Mist Garden. It’s a relaxing oasis in the middle of the city, and the cooling mist runs every 10 minutes. This park features an art wall sculpted with roses, a four tier vintage birdbath, and a path through rows of exquisite rose gardens. Pick up a ‘to go’ coffee at Pusateri’s and then check out some boutiques and shops along the way, strolling along Yorkville Ave to Bay St., heading south to Cumberland St. Take your time here and and wander through The Village of Yorkville Park. It’s the perfect place to people-watch.
Another lovely Yorkville destination in spring is the Philosopher’s Walk. Head south of Bloor, just past the Royal Ontario Museum to the more than 100-year-old Alexandra Gates. This scenic footpath that heads south past Toronto landmarks such as the ROM, The Royal Conservatory of Music, Trinity College and the U of T Faculty of Law.
From here, take a shortcut through Queen’s Park south to Wellesley and stop in at the John B. Aird Gallery to see “The Views are Different Here,” a U of T student-curated art exhibit which offers a different view of Toronto’s people and neighbourhoods. This exhibit is a refreshing departure from traditional exhibits in that it showcases works from immigrant artists. It’s on until April 6th, 2018.
If you prefer to see wearable works of art, instead, head north along the Philosopher’s Walk to the ROM to take in the Christian Dior exhibit. The apparel dates back from 1947 to 1957, and is a must-see for fans of the glamour of days gone by.
In the center of all this urban parkland and cultural entertainment lies BAZIS’ 1 Yorkville. This incredible Yorkville condominium is now under construction, and there are still some amazing suites to be sold, including the jaw-dropping Penthouse, which features awesome views of Toronto from all 4 directions!
While news headlines show dramatic changes in market conditions from 2016 to 2017, if one looks deeper, the picture is much more stable than would first appear. It’s important to note that 2015 and 2016 were not typical years. With an almost frantic pace fueled by low inventory, buyers scrambled to buy, resulting in bidding wars and a huge upswing in sales numbers. The activity seen in those two years make the return to more normal conditions in 2017 and 2018 appear much more dramatic than they actually are.
According to this recent Globe and Mail article, the Toronto Condo Market remains strong, proving a viable alternative to single detached homes. Buyers are feeling the crunch in affordability due to recent changes with mortgage rules and rates, and the addition of Ontario’s Fair Housing Plan, and are opening up to the possibility of living in a Condo that’s priced within their means.
While sales in single-family homes are showing a decrease from 2016, multi-family residential is seeing a boost. In 2017, Altus reports that builders sold 36,429 new units last year, “smashing” the prior sales record in 2016, when 29,132 condos were sold. This further illustrates the shift towards a more affordable multi-family home.
TREB is also reporting that the average price climbed to $515,816 in 2017 over $437,412 in 2016, and is reporting a consistent 23 days on market average. As well, in the City of Toronto, the average sales price / listing price comparable in the last quarter of 2017 was at 99%. (Ratio of the average selling price to the average listing price for firm transactions entered into TREB MLS).
In new building, BILD reports that the market at the end of 2017 was largely driven by multi-family residences, primarily due to changes in government intensification policy and challenges builders face in bringing single family homes to market. This indicates a growing interest in multi-family residences and continued strengths in price and sales rates.
Finally, investors have always taken advantage of closings typically 2-3 years away in new Toronto Condo developments. Now is a good time to buy in anticipation of housing sales catching up from the recent government changes by 2020 or later.
Looking at sales over the past few decades, one can see overall upward trend, and for those looking to maintain a long-term approach to real estate investment, new condos show strength, as inventory is expected to continue to tighten in future, and increase demand.
If you’re considering a new condo, there are many factors to consider. Talking with your lender and taking a long-term approach means you can buy now.
This jaw-dropping penthouse is one of the most incredible addresses in Toronto. At 7,256 sq. ft. it encompasses the entire 58th floor of 1 Yorkville, revealing four directions of views to fall in love with, north, south, east and west!
1 Yorkville simply redefines luxury condos in Toronto with this incredible residence. Design is paramount at BAZIS, you can see it from the moment you enter the lobby. It features original artwork, lavish appointments and a 24-hour concierge, dedicated to making your home more comfortable and enjoyable.
For those who are passionate about fitness and recreation, 1 Yorkville is home to three full floors of amenities, including The Spa, which includes a sprawling outdoor pool, hot and cold plunge pools, aqua massage and zen garden. Upstairs, more die-hard workout enthusiasts will enjoy traditional weight and cardio machine and fitness studios.
At the end of a long day, and after a workout and swim, take the elevator up, up and away, to your refuge among the stars, on the 58th floor. Our Penthouse has 6 balconies on four sides, including a 37’ long balcony off the living room, so a gorgeous view is available at every moment.
The Penthouse Residence has incredible features to delight and surprise you. It is spacious and doesn’t ever feel cramped, easily accommodating a large dining room to seat twelve, 3 spacious bedrooms with ensuites and private balconies, along with a fitness room, nanny suite, and catering kitchen. This home can at once accommodate a grand piano, billiard room, and fitness room.
Finally, the Rooftop Amenity space will have you ready to commit to a condo. It is home to an outdoor cinema, BBQ pavilions, two party rooms, an indoor lounge and and outdoor fire pit lounge.
In Toronto, this is the place to capture your heart. Set in the midst of Yorkville, with nearby access to PATH and the Subway, and the designer boutiques of Bloor St., 1 Yorkville will have you saying ‘I do’!
Click on the images below to view spectacular 1 Yorkville amenities
Toronto’s Interior Design Show shapes the industry for the upcoming year, showcasing the latest trends in design and decor, and attracting interior design professionals from all over North America.
This year, we noted some emerging trends to inspire you with your own home or condo.
In the month of February, we’ll be sharing our favourites on Instagram @BazisInc and on Facebook, so be sure to follow us for more.
New Patterns and Textures
Some of this year’s most exciting exhibits showcased unique patterns and textures in stone. Cosentino featured dramatic countertops in natural tones, punctuated with large vein patterns. This year, they introduced a new “suede” texture that feels warmer to the touch and offers a matte sheen.
From Cambria, Brittanica Gold was introduced, featuring new colours of copper, fog and translucent greige on a cream background. It has a more traditional feel and is striking against the cooler colours that have dominated in recent years.
IDS featured home furnishings with natural materials throughout. While the materials are simple: wood, stone, and metal, the results are polished, not rustic.
New in Colour
Some of the most eye catching exhibits at IDS this year featured textiles and woven art in a variety of colours. It’s exciting to envision a contemporary room in a neutral palette reimagined with the addition of area rugs and accents in rich blues and reds.
Pastels were also seen throughout the show, with furnishings, accessories, and paints in soft pinks and blues, accented with cream and off-white.
Sharp angles were present throughout the show with geometric designs in furnishings, lighting, art, and wall coverings.
Follow @BazisInc or Facebook for the latest information in Toronto Condos, and for details of new projects coming later this year.
Follow BAZIS for new information coming in 2018!
The name BAZIS is synonymous with exciting architectural and lifestyle design. A BAZIS condo is a thrilling addition to the city skyline, incorporating colour, shape and texture to create a memorable and timeless impression.
With foresight and intelligence, BAZIS carves a new space in Toronto’s thriving condominium market. A BAZIS condo is artistry, and the canvas is Toronto.
Like anything, a glimpse of what’s outside attracts, but it’s what’s on the inside that compels your continued attention. Let us show you the many facets of our Signature BAZIS style.
Awe-inspiring Impressions to Last
From the shimmering, soaring Crystal Blu, with icy blue shards embedded in the concrete, to the glittering green towers of Emerald Park, BAZIS has been shaking up the conventions of Toronto’s condo scene with colour and innovative use of materials since its inception.
With each project, BAZIS has outdone itself with unique statements of colour and light. Take for example the extraordinary bands of red nestled between the floors of the two eCondo towers at Yonge & Eglinton. eCondo features Toronto’s first cantilevered pool, where residents revel in the excitement of a swim with an incredible view.
At Exhibit, BAZIS created an ideal architectural counterpoint to the Michael Lee-Chin Crystal at the ROM situated across the street. With its’ clean, white, stacked block design, it’s impressive and elegantly understated. And that’s not an easy thing to do on a street that already has so much visual interest.
Finally, at BAZIS’ current project under construction at 1 Yorkville, look for yet another twist on modern condominium design. The project features long faceted metal ribbons spanning the length of the building. This lengthens the overall effect, creating a masterpiece of light and shadow in the sky.
Locations that Inspire Movement
BAZIS understands that Toronto is for those who live to move. Getting around is so important, and accessing transit isn’t an afterthought, it’s the first thought. That’s why BAZIS carefully selects locations that offer ideal access to transit.
Emerald Park is situated on the Yonge St. subway line, accessible underground, and eCondo is situated to the new Eglinton LRT line that is underway, in addition to the subway.
Exhibit and Crystal Blu are situated in the downtown core of Toronto, just blocks from the subway and offering extremely quick access to Bay St. and beyond.
Finally, 1 Yorkville is Toronto’s No. 1 address, right on Yonge St. in a location that offers the world at one’s fingertips.
Elevated Interior Design
From original works of art and light in our lobbies such as Exhibit and 1 Yorkville, to our unforgettable amenity spaces, BAZIS understands luxury design.
Each BAZIS project includes jaw-dropping amenities, some of which include rooftop cinemas, lavishly appointed spas with aqua massage rooms, hot and cold plunge pools, sprawling indoor and outdoor pools, and the zen of natural landscaping to provide a calm surrounding at the end of a long day.
Inside each BAZIS suite, are finishes that you would expect from a design-forward builder. What is never compromised, is style and convenience. A BAZIS home is equipped with modern European-inspired kitchens with the elegance of natural stone counters, high-end appliances, gleaming hardwood, soaring floor-to-ceiling windows, and bathrooms that feature soaker tubs and elegant modern fixtures.
BAZIS is constantly reaching for a new level of indulgence, with an aim to delight and surprise with design ingenuity. Follow BAZIS for new information coming in 2018!
With several exciting projects underway there’s always incredible progress in construction to report on.
The canvas can now be unveiled with the completion of Exhibit. This unique residence designed as four architectural cubes is now fully complete and registered. All of Exhibits’ spaces are open and complementing its neighbour the Royal Ontario Museum.
At 1 Yorkville, the ground floor framing to the 2nd floor of the tower is being finalized. 1 Yorkville finds itself among several heritage properties in Toronto which are currently undergoing restoration. BAZIS is currently working on stabilizing the structures for the next stage in construction. Maintaining these historic properties adds to the beauty and charm of our neighbouring communities.
Incredible advancements are happening on the two towers of eCondos at Yonge and Eglinton. Window installation is taking place on the 22nd floor of E8 along with forming on the 26th floor and suite work on the 18th floor. E15 is also seeing the installation of windows on the 7th floor and steady progression on the forming of the 16th floor and suite work on the 5th floor.
Be sure to keep checking back for more exciting updates on the unique designs that continue to change the landscape of Toronto.
1 Yorkville is well on its way to being the most famous address in Toronto. Construction of this new luxury condominium is on track with the formation of the P1 underground garage.
With its enviable location, close proximity to world-class shopping, dining and other desirable amenities, 1 Yorkville provides a lifestyle experience equalled only by its refined design.
Health and wellness are at the heart of the 4th and 5th floors. The 5th floor is home to a deluxe fitness gallery, pilates, and Cross-Fit studios. Tranquility prevails in the 4th floor spa and yoga studio, with an outdoor pool, hot tub, and hot-and-cold plunge pools, and the Zen Garden provides a space that soothes the mind, body, and soul.
Atop this luxurious building is an exciting rooftop, with an outdoor space perfect to take in the sights and sounds of the vibrant city below. Outdoor entertaining is easy, with a BBQ and fire pit, along with a sun deck, flanked by two party rooms, each feature their own kitchen and dining areas. Guests can also take in a movie on warm summer nights at the outdoor cinema.
Watch for more construction updates as we continue to make progress on this exciting new downtown address.
1 Yorkville continues to take shape as an enviable address, and with only a handful of suites remaining, opportunities to own here are limited. Our remaining suites start at $1.5 million and are a beautifully appointed reflection of the Yorkville lifestyle.
Our featured unit is a 2 bedroom, plus media 1155 sq.ft unit, which reflects the Bazis standard of excellence. This unit housed within the slender and elegant tower, features the unparalleled elegance of 1 Yorkville with its artful design. It boasts a great view of the city skyline and the gorgeous Yorkville streets.
This suite features a spacious master bedroom with a large walk-in closet and a private ensuite. Take in a spectacular city view from the balcony which offers dual access, either from the master bedroom or the living area. Other great features include a dedicated media area and large entertaining area which opens up to a streamlined kitchen area featuring a breakfast bar.
In addition to all the interior suite features are the available amenities being offered such as concierge-level professional services to handle all of life’s little details, like restaurant reservations, errands, gifting and more. These benefits make carefree living easy and luxurious. The rooftop patio, outdoor cinema and Cross Fit Studio provide ample opportunities to stay social.
This suite finds itself housed in another impeccable design by award-winning architect Rosario Varacalli. Just imagine coming home to this building that provides a contemporary expression of elegance and intrigue. A singular tower that is wrapped in faceted metallic ribbons that glitter against the cityscape.
Elegance also surrounds this desirable address at the corner of Yorkville Avenue and Yonge Street. Sophisticated shopping includes designer names like Dolce & Gabbana, Gucci, Prada, Chanel and exclusive department stores like Holt Renfrew. As well, find arts, culture and fine dining, mere steps away along with the underground PATH of the nearby Bloor and Yonge subway lines and the University of Toronto’s beautiful and historic campuses.
For a chance to experience luxury lifestyles in this prestigious location just pay the sales office a visit and see what 1 Yorkville has to offer.
We are very excited to see how much progress has happened at 1 Yorkville since the start of the new year! The foundation mat and tower crane are now both installed, and the crew was preparing to install the slab on grade.