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    Empire Midtown
    by Empire Communities

    1603 Eglinton Ave W

    7for Sale
    6for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    219
    Condo Completion:
    2018
    Condo Demand:
    Low
    Unit Size Range:
    474 - 1299 SQFT
    Unit Availability:
    Medium
    Property Management:
    Unknown

    Amenities

    Gym Room
    Indoor Parking
    Rooftop Deck
    Party Room
    Guest Suites
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1603 Eglinton Ave 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.

    Listing History for Empire Midtown

    7

    Listings For Sale

    Interested in receiving new listings for sale?

    6

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    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.

    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
    $60,337
    Average Household Size
    0 persons
    Average Age
    4
    Average Household Income
    $92,101
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    51%
    Detached
    22%
    Semi Detached
    14%
    Duplex
    7%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Mandarin
    9%
    Cantonese
    7%
    Tamil
    2%
    English
    40%
    Indigenous Language
    30%
    Other
    11%
    Education
    High School
    24%
    Apprenticeship
    2%
    University and Above
    36%
    College
    17%
    University Below Batchelor
    4%
    None
    14%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    10%
    Architecture & Engineering
    20%
    Humanities
    4%
    Physical Sciences
    5%
    Math & Computer Sciences
    8%
    Social Sciences
    12%
    Education
    3%
    Visual & Performing Arts
    3%
    Business Management
    27%

    Price Trend

    Average price of units sold in Oakwood | Vaughan

    Building Trends At Empire Midtown

    Days on Strata

    Units at Empire Midtown spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -5%
    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

    11
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Condo

    1 Bed532 - 649 SQFT
    Average Cost Per Sqft$933
    Sales Price Range$505,000 - $584,000
    Rental Price Range$2,250 - $2,350
    1 Bed + Den549 - 792 SQFT
    Average Cost Per Sqft$940
    Sales Price Range$508,000 - $659,000
    Rental Price Range$2,300 - $2,600
    2 Bed700 - 1000 SQFT
    Average Cost Per Sqft$879
    Sales Price Range$650,000 - $667,000
    Rental Price Range$2,600 - $3,500
    2 Bed + Den800 - 1025 SQFT
    Average Cost Per Sqft$923
    Sales Price Range$800,000 - $836,000
    Rental Price Range$2,750 - $3,450

    How Often Are Units Listed?

    Studio474 - 474 SQFT
    Average Sales Availability
    No Data
    Average Rental Availability
    Every441Days
    Ratio of Unit Type in Building1%
    1 Bed532 - 1267 SQFT
    Average Sales Availability
    Every151Days
    Average Rental Availability
    Every43Days
    Ratio of Unit Type in Building20%
    1 Bed + Den537 - 792 SQFT
    Average Sales Availability
    Every115Days
    Average Rental Availability
    Every27Days
    Ratio of Unit Type in Building39%
    2 Bed700 - 1000 SQFT
    Average Sales Availability
    Every109Days
    Average Rental Availability
    Every52Days
    Ratio of Unit Type in Building17%
    2 Bed + Den754 - 1299 SQFT
    Average Sales Availability
    Every138Days
    Average Rental Availability
    Every49Days
    Ratio of Unit Type in Building24%
    3 Bed + Den
    Average Sales Availability
    No Data
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building1%

    Maintenance Fees

    Empire Midtown vs The Oakwood | Vaughan Area
    Empire Midtown's Avg
    monthly maintenance fee
    $0.80 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.85 / SQFT

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