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    1603 Eglinton Avenue W

    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    219
    Condo Completion:
    2018
    Condo Demand:
    Medium
    Unit Size Range:
    474 - 1,299 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Empire Midtown

    Receive listing updates for Oakwood | Vaughan

    Amenities

    Gym Room
    Guest Suites
    Rooftop Deck
    Concierge
    Indoor Parking
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1603 Eglinton Avenue WEmpire Midtown

    The much anticipated, 2018 addition to midtown Toronto at 1603 Eglinton Avenue West excites many prospective homeowners, and not just because it was built by one of the most successful developers of large scale communities in Canada: Empire Communities. With a title like the Empire Midtown, the developers stake their namesake on these Toronto condos.

    Ensuring the success of the development, Empire Developments called upon the renowned E.I. Richmond Architects to create 1603 Eglinton West’s design. The result is a mid-rise building, standing at 16-storeys, whose modern design utilizes a range of glass volumes with proportions that play well off one another. The Empire Midtown gives an impression of a much larger building, without the weight and shadow of a structure that actually takes up a lot more space.

    1603 Eglinton West’s distinctively subtle grandeur represents their neighbourhood’s vibrancy perfectly. And in order to bring that vibrancy inside the building, Empire Communities ensured prospective residents will have access to an attractive array of top-notch amenities, all modernly appointed by Tanner Hill Associates.

    The Empire Midtown’s lobby is staffed by a 24-hour concierge service, while the exercise room is fully equipped with areas for weights, cardio, yoga and pilates. There are also lounges on site, which are connected to a catering kitchen and dining rooms. Furthermore, residents can access a large terrace containing ample seating and barbecues. And last but not least, the building provides residents access to less typical amenities, including a pet washing station and a bicycle repair room.

    The Suites

    Sure to attract a variety of buyers seeking Toronto condos for sale, 1603 Eglinton East contains 219 suites. Homes in the building come in one- and two-bedroom styles, both with the option of an additional den. Additionally, some two-bedroom plus den townhomes are part of the complex. While the Empire Midtown suite sizes span approximately 600 to 1,300 square feet, they all feel comfortable, courtesy of their 9-foot high ceilings and open-concept designs, many of which even extend onto balconies and terraces.

    Inside, the suites feature an elegant, yet modern aesthetic. Their kitchens are chef ready, thanks to polished granite countertops, and bathrooms boast deep soaker tubs or large frameless glass showers as per plan. Plus, the building has a plethora of floor-to-ceiling windows that bring in lots of natural light, a bright and fresh atmosphere flows throughout the suites.

    The Neighbourhood

    Located at the corner of Eglinton West and Oakwood Avenue, the Empire Midtown Condos sits in a vibrant commercial district, tucked between in the low-key Oakwood & Vaughan neighbourhood. Many know this area as Little Jamaica — as it’s home to some of the best Caribbean food in the city.

    Considering the convenience of dining at any one of the delicious eateries neighbouring the building, those living at 1603 Eglinton West will make good use of the building’s state-of-the-art gym. For those who prefer to exercise in the great outdoors, living so close to an abundance of green space is an even better perk. The closest park is the Walter Saunders Memorial Park, located along Hopewell Avenue.

    A few minutes away from the Empire Condos (just north up Times Road), Saunders Park may be massive in its own right, but there’s even more to it: this green space is part of the Beltline Trail, which runs from midtown all the way into the Don Valley.

    Transportation

    While those living at 1603 Eglinton West could use the nearby Beltline trail for a scenic route on which to travel through the city, much more efficient public transit options are also nearby. Residents can easily hop onto the subway at Eglinton West Station, which is only a few minutes’ walk east of the Empire Midtown Condos, on Eglinton at the Allen Road.

    Alternatively, the nearby Allen Road often proves convenient for those who prefer to drive. A rather short expressway, the Allen connects quickly to the 401 — a fast-paced highway that offers access to Pearson International Airport and the suburbs surrounding Toronto. For those traveling within the city or south into downtown Toronto, on the other hand, heading to Bathurst, the next major street east of the Allen, serves drivers well.

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    2

    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

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

    Population
    15,949
    Average Individual Income
    $61,294
    Average Household Size
    2 persons
    Average Age
    46
    Average Household Income
    $93,562
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    20%
    50 - 64
    19%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    51%
    Detached
    22%
    Semi Detached
    14%
    Duplex
    7%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Other
    15%
    Mandarin
    13%
    Cantonese
    10%
    Tamil
    2%
    Tagalog
    1%
    Urdu
    1%
    Education
    University and Above
    36%
    High School
    24%
    College
    17%
    None
    14%
    University Below Batchelor
    4%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Empire Midtown vs The Oakwood | Vaughan Area

    Days on Strata

    Units at Empire Midtown spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Oakwood | Vaughan

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 3 condos in the Oakwood | Vaughan area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    Empire Midtown offers the
    ?
    best value out of 3 condos in the Oakwood | Vaughan neighbourhood

    Appreciation Rank

    Empire Midtown has the
    ?
    highest ROI out of 3 condos in the Oakwood | Vaughan neighbourhood

    Rental Yield

    Empire Midtown yields the
    ?
    highest rent prices out of 3 condos in the Oakwood | Vaughan neighbourhood

    High Demand

    Empire Midtown is the
    ?
    most popular building out of 3 condos in the Oakwood | Vaughan neighbourhood

    Transaction Insights at 1603 Eglinton Avenue W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$475,000 - $510,000$508,000 - $535,000No Data$754,000 - $785,000No Data
    Avg. Cost Per SqftNo Data$862$735No Data$864No Data
    Avg. Wait for Unit AvailabilityNo Data158 Days111 Days109 Days131 DaysNo Data
    Ratio of Units in Building1%19%41%17%24%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Oakwood | Vaughan