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    Vu North Tower
    by Aspen Ridge Homes

    116 George Street & 118-130 George Street

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    171
    Condo Completion:
    2010
    Condo Demand:
    High
    Unit Size Range:
    400 - 1,800 SQFT
    Unit Availability:
    Low
    Property Management:
    Crossbridge Condominium Services Ltd.

    Listing History for Vu North Tower

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 116 George StreetVu North Tower

    It doesn’t always take an army to create a vibrant and innovative condo complex — but an all-star team doesn’t hurt, either. Thanks to the developers and architects behind the Vu North Tower at 116 George Street, this is a building that proves too many cooks in the kitchen are sometimes preferable.

    The developers behind the Vu North Tower is none other than Aspen Ridge Homes, also responsible for Studio 2 on Richmond. Aspen Ridge worked together with architects from to acclaimed firms, Hariri Pontarini and Yonge + Wright.

    In fact, this dynamic trio is responsible for more than just 116 George Street. The building is only half of a larger complex, with its sister building, the Vu South Tower, over at 112 George. While the Vu North Tower is undoubtedly the smaller of the two, there’s really no way to tell which is more exciting.

    It doesn’t exactly matter, since both buildings are part of their own little master-planned community that takes up nearly an entire city block. Located between Adelaide and Richmond, and Jarvis and George, there’s even a walkway between the two buildings, meaning residents can make friends with neighbours who live in both.

    Hariri Pontarini and Yonge + Wright embraced the old alongside the new when designing the tower in 2010: how could they have done anything else in a neighbourhood like St. Lawrence? Both towers are affixed to a brick and limestone base, with glass soaring above.

    Residents living at 116 George have access to not one gym, but two. They can also partake in a relaxation session once their workout is done, as the building boasts a sauna and yoga room as well. The building is also equipped with a 24-hour concierge to ensure everything functions smoothly, although residents might be too busy to spend much time in the lobby, as they’ll want to make good use of the party rooms in “Club Vu” or rooftop terrace and its barbecues.

    The Suites

    Throughout the 15 storey building, 171 units can be found: that’s just enough for a variety of suites that range from approximately 450 to 1,750 square feet. And those with hearts set on Toronto condos for sale in this building need not worry about the relatively small quantity of homes — they can keep an eye out on 112 George at the same time.

    Prospective buyers can expect to find studio, one bedroom, one plus den, two bedroom, and two bedroom plus den units. As well, balconies are abundant throughout the building. While the majority of the homes are standard condo suites, a couple of “nulofts” with 10-foot ceilings and fireplaces also reside within 116 George.

    Regardless of size or layout, all residents will be impressed daily, as they wake up to sun flowing in through floor-to-ceiling windows, or stare out at the cityscape in the evenings. Moreover, the developers really thought these windows through, so residents can rest easy knowing they are thermal glazed in order to maximize energy efficiency.

    Laminate and carpet can be found throughout the building, plus porcelain flooring in the bathrooms. Some kitchens boast islands, and some feature granite counters, depending on the suite. Aesthetically, bathrooms are nothing shy of divine, thanks to finishes by Cecconi Simone.

    The Neighbourhood

    While not all downtown condo owners can brag about living so close to a substantial plot of green space, those living here have a daily reminder of their well-rounded living situation. St. James Park is found just outside the Vu North Tower, west of Jarvis and South of Adelaide. Here, residents can even partake in summertime events, such as outdoor movies and concerts.

    Living equidistant from both King and Queen Streets East also has its perks. Residents can head over to either in order to find cozy dive bars, elegant eateries, and shops of all sorts. And while there are plenty of grocery stores to choose from, including Metro, No Frills, and Rabba Fine Foods, we won’t blame those who swear by the fresh produce, meats, cheeses, and prepared foods found at the St. Lawrence Market.

    Transportation

    Traveling to and from 116 George is simple, no matter what one’s preferred means of transportation may be. Drivers can head out on one way streets like Adelaide and Richmond, in order to skip out on the traffic caused by streetcars on larger arterial roads.

    Those who rely on the TTC to get around are in luck too. Streetcars along King and Queen carry passengers toward the subway: the Yonge line takes only 7 minutes to reach by streetcar, or about 8 minutes on foot. From here, travelers have access to the entirety of Toronto.

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    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $61,449
    Average Household Size
    0 persons
    Average Age
    3
    Average Household Income
    $103,065
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages
    Cantonese
    8%
    Indigenous Language
    32%
    Tagalog
    1%
    Mandarin
    8%
    Tamil
    2%
    English
    38%
    Other
    11%
    Education
    High School
    25%
    Apprenticeship
    3%
    University and Above
    35%
    College
    15%
    University Below Batchelor
    3%
    None
    16%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Humanities
    5%
    Health & Related Fields
    12%
    Architecture & Engineering
    19%
    Physical Sciences
    5%
    Math & Computer Sciences
    8%
    Social Sciences
    11%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    26%

    Price Trends

    Building Trends At Vu North Tower

    Days on Strata

    Units at Vu North Tower spend an average of
    5
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    13%
    Increase in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    Vu North Tower offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Vu North Tower has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Vu North Tower yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Vu North Tower is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 116 George Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo DataNo Data$750,000$999,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,049$988No DataNo Data
    Avg. Wait for Unit Availability446 Days94 Days158 Days127 Days239 Days1059 Days
    Ratio of Units in Building4%36%29%21%11%1%

    Maintenance Fees

    Vu North Tower vs The St. Lawrence Area

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