Just north of Lawrence, Stafford Homes' Avenue & Park launched last week with a Friends & Family event celebrating the upcoming condominium. Contributing 36 units to the upmarket stretch, the 7-storey project will add more modest density to a renewing stretch of Avenue Road, where a gradual influx of mid-rise projects is re-shaping the urban fabric.
Located at the southwest corner of Avenue Road and Bedford Park Avenue, the Page + Steele / IBI Group-designed project features luxury homes ranging in size from 1,200 ft² to over 3,000 ft². Like the 6-storey 1717 Avenue—now complete—and the under-construction Brookdale on Avenue 7-storey buildings to the north, this project offers a mid-rise scale with a retail frontage.
At Avenue & Park, the Avenue Road frontage will see a new 'Beer Boutique' replace the former Beer Store seen above. Meanwhile, residents will have access to a full amenity program (floor plan below), including a party room, roof deck, sauna, gym, yoga studio, and screening room. With only 36 suites in the building, the amenity space will offer a relatively private, tranquil atmosphere. In addition, direct grocery delivery will be available from the recently re-opened Pusateri's flagship grocery store across Avenue Road.
As Stafford President Jonathan Goldman explained, Avenue & Park targets a relatively under-served market niche. While mid-rise developments are arguably still too few and far between in Toronto, the project is also notable for its uncommonly luxurious units, which translate the layouts of single-family homes into a mid-rise condominium.
With sharply increasing land prices making single home ownership out of reach to all but the wealthiest buyers—particularly in high-end neighbourhoods like Bedford Park—the project offers a middle ground between condominiums and detached homes. "The 36 suites average at about 2,000 ft²," Goldman notes, adding that "there's a very limited supply of these type of homes on the market."
Held at the sales centre—which is located a few blocks north of the site—the launch party offered a preview of the project's finishes and features. Featuring interiors by U31, Avenue & Park's high-end homes are characterized by generously proportioned spaces—with 10' ceilings throughout—with the model suite providing a preview of the kitchens, bathrooms, and living spaces. The suites start at about $1.5 million.
With sales now launching, we will keep you updated as the project continues to develop, and the start of construction nears. In the meantime, further information is available via our dataBase file, linked below. Want to share your thoughts? Leave a comment in the space below, or join the ongoing conversation in our associated Forum thread.To request more info directly from Avenue & Park click here