1231 Yonge Street
Building Details
Listing History for The Orion
Amenities
Maintenance Fees
About 1231 Yonge Street — The Orion
For simple and comfortable living, the Orion Condos at 1231 Yonge Street are the perfect choice. These homes are also ideal for anyone looking for that quintessential midtown Toronto experience. What used to be an office building was converted and updated in 1999, to serve the expanding residential needs of the Summerhill neighbourhood. The Orion Condos is 4 storeys tall, and houses 40 units.
For the historically curious: Summerhill is named after the ‘Summer Hill’ house in which stage coach driver and entrepreneur Charles Thompson lived. When the Northern Railway was built in 1853 and dried up Thompson’s coach driving business, he established one of Toronto’s oldest amusement parks, complete with rides, swimming and a dance pavilion.
For a building this size, 1231 Yonge Street has quite a few amenities to make condo living more convenient. The building has a rooftop deck, a multi-purpose reception room, security system, and visitor and resident underground parking. As well, conveniently located retail space can be found on the ground floor of the building.
The Suites
The suites at 1231 Yonge Street feature modern, bright, open concept interiors with balconies, and patios on ground floor units. Kitchens in the Orion Condos feature breakfast bars, and units boast slate or hardwood floors.
With homes ranging from 614 square feet to 1765 square feet, Toronto condos for sale in this building can suit the preferences of prospective buyers who are looking for multiple bedrooms, bathrooms, or the addition of a den in their suite.
The Neighbourhood
There is no shortage of places to visit, shop and eat close to the Orion Condos: a 5 minute walk will bring residents to several bars, restaurants and coffee shops, many of which are local to the area.
Whether you’re looking for a high-end setting, or more rustic place to relax, a brief trip north or south can bring you to what you’re looking for. Additionally, there are several banks, hardware stores, pharmacies and other errand-running locations, all within 1 kilometer of the Orion Condos.
For green space close by, there’s the massive David A. Balfour Park just a block away. If a smaller park is what you’re looking for, Lionel Conacher Park or Pricefield Playground are around the corner as well.
For a night out on the town, the local Cineplex at 1303 Yonge Street is just one block north of the building. If you’re looking to head downtown to the financial or entertainment districts, one southward subway trip via Summerhill Station will bring you close to venues like the Royal Ontario Museum, Koerner Concert Hall, the Gardiner Museum and Queens Park.
Transportation
Being this close to the city’s center has its perks, especially if you need to get around. There are 5 TTC bus routes within a kilometer of 1231 Yonge Street, two of which have stops right next to the building’s entrance. Additionally, there’s the St. Clair streetcar route, just to the north.
Most notably, the Summerhill Subway Station is only a 3 minute walk away. For those who prefer to drive, the closest highway is the Don Valley Parkway, which can be accessed via Bayview Avenue.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Orion
Days on Strata
List vs Selling Price
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Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 1231 Yonge Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | No Data | No Data | No Data | No Data | No Data |
Avg. Cost Per Sqft | No Data | No Data | No Data | No Data | No Data |
Price Range | No Data | $2,890 - $3,500 | $3,550 | No Data | No Data |
Avg. Wait for Unit Availability | 1349 Days | 638 Days | 545 Days | No Data | No Data |
Avg. Wait for Unit Availability | 878 Days | 1101 Days | 346 Days | No Data | No Data |
Ratio of Units in Building | 18% | 21% | 52% | 7% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Summerhill