The Capitol Residences

Location: 2500 Yonge Street, Toronto, Ontario, Canada

About

The Capitol Residences is a prestigious condominium development by Madison Group and Westdale Properties, located at 2500 Yonge Street in Toronto’s vibrant Midtown area. This 14-storey building is a transformation of the historic Capitol Theatre, preserving its iconic marquee façade while introducing 145 luxurious residential units. The suites range from one to three bedrooms, each thoughtfully designed with spacious layouts and high-end finishes to cater to discerning urban dwellers.

What You Need To Know

  • Developer: Madison Group and Westdale Properties

  • Location: 2500 Yonge Street, Toronto

  • Home Types: One-bedroom, Two-bedroom, and Three-bedroom suites

  • Number of Units: 145

  • Size Range: Approximately 770 to 1,910 square feet

  • Starting Prices: From $1,359,900 to over $4,199,900

  • Estimated Completion: March 2026

Mobility

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The Capitol Residences offers exceptional connectivity and convenience:

Proximity to Amenities:

  • Situated steps away from the bustling intersection of Yonge and Eglinton, providing access to a plethora of dining, shopping, and entertainment options.

  • Adjacent to a lush green park spanning over 3,700 square meters, offering residents a serene urban oasis.

Transportation:

  • A short walk to Eglinton Subway Station, facilitating easy commutes throughout Toronto.

  • Close proximity to the upcoming Eglinton Crosstown LRT, enhancing east-west transit accessibility.

Key Details

Deposit Structure:

  • $10,000 on Signing

  • Balance to 5% in 30 Days

  • 5% in 90 Days

  • 5% in 500 Days

  • 5% on Occupancy

Incentives:

  • Free assignment

  • Extended deposit structure

  • Capped development levies at $12,500 for 1-bedroom plus den and smaller suites, and $18,000 for 2-bedroom and larger suites

Amenities

Residents will enjoy:

Fitness and Recreation:

  • A state-of-the-art fitness centre with private workout areas.

  • A golf simulator and lounge area for leisure activities.

Social and Leisure Spaces:

  • The Social Club lounge featuring a dining area and servery.

  • The Capitol Gardens, an extensive outdoor lounge and dining area.

Additional Features:

  • 24/7 concierge service.

  • Automated parcel storage.

  • Kids play area and pet spa.

  • Residential guest suite for visitors.

Developer:

Madison Group is a highly respected real estate developer with a legacy spanning over 60 years. Renowned for its commitment to quality, Madison has consistently delivered landmark projects across the Greater Toronto Area. Their portfolio includes luxury condominiums, innovative mixed-use developments, and thoughtfully designed communities.

Notable past projects include Nobu Residences Toronto, a world-class development featuring residences, a hotel, and a flagship Nobu restaurant, as well as Alias Condos, a luxury condominium at Church and Richmond in downtown Toronto. Madison’s ability to blend cutting-edge design with functionality and sustainability is evident in their projects, earning them industry recognition and trust. Wild Indigo continues this tradition, combining contemporary living with community-focused designs.

Why Invest in Toronto?

Toronto is Canada’s largest city and a global hub for business, finance, arts, and culture. Investing in Toronto real estate offers numerous advantages:

  • Economic Growth: A diverse and robust economy with continuous growth across various sectors, including technology, finance, and healthcare.

  • Population Growth: Consistent population increase fuels demand for housing, ensuring a stable real estate market.

  • Cultural Hub: A vibrant arts and cultural scene, with numerous festivals, galleries, and theaters contributing to a high quality of life.

  • Educational Institutions: Home to world-renowned universities and colleges, attracting students and professionals globally.

  • Infrastructure and Transit: Ongoing investments in public transit and infrastructure projects enhance connectivity and urban living.

Investing in Alfie Condos provides an opportunity to be part of Toronto’s dynamic growth, offering potential for strong returns and a desirable urban lifestyle.

Capitol Residences Assets:

TBA

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