75 Canterbury Place

Everything You Need to Know About 75 Canterbury Place

If you’re looking for a Toronto condo for sale, then The Diamond Condominiums on Yonge is a great choice. Standing 30 storeys tall, this development provides residents with an excellent starting point to explore the Willowdale neighbourhood. The property was completed in 2019 by Diamante Development Corporation, and is comprised of 386 units, ranging in size from 400 to 1529 square feet.

Price of condos at 75 Canterbury Place

During the past 12 months, the average condo sale price has fluctuated from $538,000 for a one bedroom, up to $885,000 for a 3 bedroom suite. Meanwhile, the average price for rentals can range anywhere from $1,750 to $3,200 per month.

In terms of cost per-square-foot, units here are selling at $1,042 PSF, and leasing at $3.81 PSF.

How many condos have sold and rented at 75 Canterbury Place?

In the last 12 months, 68 units have rented, and 28 have sold.

Right now, there are no units available for sale, but there are 5 for rent. On average, a condo will sell within 22 days on market, and rent out within 25. That means this building’s demand ranking is quite high.

The Suites

Units at this building feature all the comforts of everyday life with a hint of luxury. Designed by Scott Shields Architects, 1-bedroom suites offer layouts as small as 400 square feet. For those in need of more space, 3-bedroom units go up to 1,400 square feet.

On average, units here spend 31 days on the market, and usually sell for -0.99% below the listing price.

What amenities does The Diamond Condominiums on Yonge offer?

This development offers all the standard amenities you’d expect in a modern-day condo, including:

• Concierge
• Gym
• Guest Suites
• Car Wash
• Visitor Parking
• Party Room
• Rooftop Deck & Garden

Condo Fees

Maintenance fees are $0.71 per-square-foot, which is lower than the neighbourhood average of $0.79 per-square-foot. These fees only include water, which means the owner must pay separately for hydro, heat and air conditioning.

The Neighbourhood

This is an excellent location for those who love to dine out, with great restaurants close by, including Taftan Kebab, The Captain's Boil and Szechuan Beef Pot. In the mornings, there’s always time for coffee with Tim Hortons, Yang Teashop and TWO NINE TEA a short 4-minute walk away.

And whether you’re grocery shopping for yourself or a big family, there are lots of options surrounding 75 Canterbury Place. H Mart North York, Metro and Loblaws are just a short drive away.

Meanwhile, meeting up with friends and relatives is easy when you live here. That’s because excellent green spaces like Northtown Way Square, McKee Parkette and Kempford Parkette are all walkable in under 5 minutes. And if you’re all looking for something to do in the evenings, you can catch a movie at Cineplex Cinemas Empress Walk — just 14 minutes away on foot.

There are plenty of nearby school choices — McKee Public School, Churchill Public School and Central Montessori & Private French School — with more in neighbouring areas, so you can find the best school for your child’s needs. For students open to commuting, a quick transit ride offers even more options, including Earl Haig Secondary School and Jonas High School.

What is the walk score of 75 Canterbury Place?

This condo has a walk score of 90, making it a walker’s paradise. You won’t need to depend on a car in this location — you can get virtually anywhere on foot. The transit score is 84, offering an impressive public transportation network. However, the bike score for this area is decent, at 52.

What is the local real estate market like?

The market in Toronto’s Willowdale neighbourhood is relatively balanced. On average, properties are selling just 1.3% below the asking price — which means buyers may have a very slight advantage. Listings typically sit on the market for about 20 to 30 days.

If you’re looking to rent in Willowdale, landlords currently have the upper hand. Rental listings tend to lease for about 1.4% above the list price.

Building Age

This condo was built by Diamante Development Corporation in 2019, making it one of the newer developments in the Willowdale neighbourhood.

Transportation

If you’re driving, travelling south on Yonge Street will take you to Highway 401, allowing you to connect easily to other parts of the city. This area is also convenient for those taking the TTC. Finch subway station is less than a 10-minute walk away. From there, commuters can take the subway down to Bloor-Yonge station, and ride west to Etobicoke or east to Scarborough from there.

Summary

If you’re looking for a newer condominium with standard finishes and amenities, 75 Canterbury Place is a solid option. But just know that you’ll be paying a premium to live amongst all the conveniences of Yonge Street. That could be why demand at this building is particularly high. But given the versatility of this neighbourhood, it’s no surprise why this condo is popular among growing families and young professionals alike.