pin_buy25 Telegram Mews
4Listings for Salefor Sale
3Listings for Rentfor Rent
building_buyMontage
pin_buy25 Telegram Mews expand addresses list
    building_buyMontage
    4Listings for Salefor Sale
    3Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    8/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Concord Adex
    Condo Completion
    2009
    Property Management
    ICC Property Management Toronto
    Unit Size Range
    400 - 2000 SQFT
    Number of Units
    529
    Number of Storeys
    47

    25 Telegram Mews , Toronto

    About this condo

    Condo Overview

    With a team like Concord Adex Development Corporation and the architects at KPMB, it’s no surprise Montage Condos is such a popular place to live. It doesn’t hurt that the building is divided into over 500 suites either. Completed in 2009 and comprising part of the enormous CityPlace community, the 47-storey edifice is situated at a rather charming address: 25 Telegram Mews.

    25 Telegram Mews may soar into the sky, but it also blends in with neighbouring buildings that make up the southern portion of Toronto’s skyline, thanks to its sleek glass façade. Steel and glass are certainly concentrated towards the top of the tower, yet stone and wood grace the base of the building, creating a warm welcome for residents of 25 Telegram Mews—and their guests.

    As previously mentioned, living at CityPlace means being part of a larger community made up of more than just the individuals living in a single building. Extending from Bathurst to the Rogers Centre, and from Lake Shore Boulevard to Front Street, CityPlace is home to 10 residential blocks and a grand total of over 5,000 homes.

    While residents living at 25 Telegram Mews may have to share amenities with their neighbours who live in the Neo Condos, that’s a fair price to pay considering the relatively low maintenance fees and impressive list of facilities at their disposal. Plus, the communal amenities space means residents can get to know some neighbours who live beyond the confines of their own building.

    A rooftop terrace with barbecues, a gym, a sauna, and a party room may not sound all that extraordinary, but that’s because we’ve yet to get to the more unusual amenities: the building is also equipped with a rock climbing wall, karaoke equipment, a cards room, a children’s cinema, and an enormous indoor swimming pool. And last but not least, guest suites and visitor parking allows family and friends of residents to join in on the fun every now and then.

    The Suites

    The homes within 25 Telegram Mews range dramatically in size in order to cater to the diverse array of prospective buyers looking to live in the CityPlace neighbourhood. Suites start at approximately 500 and reach to around 1,400 square feet.

    Those looking for something a little more luxurious will want to pay attention to homes located on the 31st storey and upwards. These units are known as Luxury Edition (LE) suites, and besides their more luxurious interior finishes, residents living in them have access to their own lobby and concierge, separate elevators, and of course the best views in the building.

    Even finishes in the ‘regular’ units are impressive at Montage Condos: homes here boast granite countertops, stainless steel appliances, engineered hardwood flooring, and large, bright windows. And when compared to other Toronto condos for sale, prices are around average.

    The Neighbourhood

    Even within the downtown core of Toronto, CityPlace has a bustling atmosphere of its own. Sunny summer days often involve residents gathering in a local park, a couple of which even boast striking outdoor art pieces. Flower Power by Mark Di Suvero can be found in Northern Linear Park, while beloved Canadian author and artist Douglas Coupland worked on the designs for Canoe Landing.

    Along Fort York Boulevard — both east and west of Spadina — is where residents will find plenty of retail businesses. When groceries are running low, those living at 25 Telegram Mews can head downstairs to shop at Sobeys Urban Fresh without even leaving the building.

    Residents are also within close reach of a number of exciting neighbourhoods. Date nights might involve a trip over to King West or Liberty Village, both of which are packed with trendy bars and restaurants. Outdoorsy types might opt to head south instead, where they can find the Martin Goodman Trail. This pedestrian and cycling path follows the shores of Lake Ontario for 56 kilometres, and makes a great route for heading toward Ontario Place to the west or the Beaches to the east.

    Transportation

    Traveling to and from Montage Condos is simple, with or without a car. Residents can walk just one block east to reach streetcars headed north or south along Spadina. Alternatively, walking one block south will land travelers at a stop for the Fort York bus.

    Union Station may only be a 17-minute walk away, but in a city like Toronto the weather doesn’t always cooperate. Thankfully Union Station can be reached in less than 20 minutes via the Spadina Streetcar. Once at Union, travelers can connect onto subway trains, VIA Rail trains, GO buses or trains, or the UP Express to Pearson International Airport.

    Those who prefer to drive have many options when heading out; major arterial roads like Spadina and Front will come in handy for local commutes, while the Gardiner Expressway makes trips into the suburbs a breeze.

    3

    Listings For Rent

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    Amenities

    Gym
    Indoor Pool
    Underground Parking
    Party/Meeting Room
    BBQ
    Concierge
    Games Room
    Visitor Parking
    Guest Suites
    Media Room
    Car Wash
    Security System
    Rooftop Deck/Garden
    Lap Pool
    Recreation Room

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Montage vs The CityPlace Area

    $23.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Montage's Avg
    price per SQFT
    $1,145
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,122
    / SQFT

    Building Trends At Montage

    Days on Market

    Units at Montage spend an average of
    12
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    above
    the list price.

    Offer Competition

    Condos in this building have a

    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    9%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 20 condos in the CityPlace area

    Sold Units

    34
    Units were Sold over the past twelve months

    Rented Units

    87
    Units were Rented over the past twelve months

    Best Value

    Montage offers the
    ?
    best value out of 20 condos in the CityPlace neighbourhood

    Return on Investment

    Montage has the
    ?
    highest ROI out of 20 condos in the CityPlace neighbourhood

    Rental Yield

    Montage yields the
    ?
    highest rent prices out of 20 condos in the CityPlace neighbourhood

    High Demand

    Montage is the
    ?
    most popular building out of 20 condos in the CityPlace neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed512 - 600 SQFT
    Average Cost Per Sqft$1,030
    Sales Price Range$572,000 - $668,000
    Rental Price Range$1,850 - $2,200
    1 Bed + Den503 - 700 SQFT
    Average Cost Per Sqft$1,077
    Sales Price Range$585,000 - $785,000
    Rental Price Range$1,850 - $2,500
    2 Bed700 - 933 SQFT
    Average Cost Per Sqft$997
    Sales Price Range$735,000 - $835,000
    Rental Price Range$2,550 - $3,500
    2 Bed + Den783 - 1208 SQFT
    Average Cost Per Sqft$981
    Sales Price Range$759,900 - $1,360,000
    Rental Price Range$2,500 - $4,700

    How Often Are Units Listed?

    Studio
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building2%
    1 Bed500 - 630 SQFT
    Average Sales Availability
    Every85Days
    Average Rental Availability
    Every35Days
    Ratio of Unit Type in Building15%
    1 Bed + Den502 - 708 SQFT
    Average Sales Availability
    Every21Days
    Average Rental Availability
    Every8Days
    Ratio of Unit Type in Building51%
    2 Bed700 - 1186 SQFT
    Average Sales Availability
    Every90Days
    Average Rental Availability
    Every36Days
    Ratio of Unit Type in Building11%
    2 Bed + Den727 - 1259 SQFT
    Average Sales Availability
    Every36Days
    Average Rental Availability
    Every24Days
    Ratio of Unit Type in Building23%

    Maintenance Fees
    Montage vs The CityPlace Area

    $0.08
    Less Expensive
    per SQFT compared to the neighbourhood average
    Montage's Avg
    monthly maintenance
    fee per SQFT
    $0.64
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.72
    / SQFT

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