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    Neon Condos
    by Pemberton Group

    58 Orchard View Boulevard

    5for Sale
    2for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    218
    Condo Completion:
    2016
    Condo Demand:
    High
    Unit Size Range:
    288 - 1,499 SQFT
    Unit Availability:
    Low
    Property Management:
    Shelter Canadian Properties Ltd

    Listing History for Neon Condos

    Amenities

    Gym Room
    Rooftop Deck
    Games Room
    Visitor Parking
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 58 Orchard View BoulevardNeon Condos

    Standing 20 storeys tall at 58 Orchard View Blvd, Neon Condos is a modern glass tower in the Yonge and Eglinton neighbourhood. While neighbourhoods in downtown Toronto tend to garner the most attention from condo buyers, Yonge and Eglinton has seen a condo boom in recent years, and the area has everything you could want from an urban location.

    58 Orchard View Blvd doesn’t overwhelm residents with a staggering list of amenities, instead it provides thoughtful and convenient extras — fitness centre, yoga studio, party room, media room, shared rooftop deck, concierge, and parking garage.

    There’s one other massive amenity, and although it’s not technically offered by the building, the developers deserve some credit for location here — Yonge Eglinton Centre is literally next door, so shoppers have no need for a vehicle or public transit and the only limits will be how many bags they can carry.

    The Suites

    When it comes to condos, there are few things more disappointing than a well-appointed suite that’s dark in the daytime and struggles to collect natural light. Fortunately, all units in this building have floor to ceiling windows and are filled with sunlight.

    Neon Condos is home to 218 units, available in studio, 1 bedroom, 1 bedroom + den, 2 bedroom, 2 bedroom + den, and 3 bedroom condos; suite sizes range from 310 square feet to 1261. But no matter which unit you end up with, you enjoy the same high-end finishes found in units throughout the building.

    Condos at 58 Orchard View Blvd have desirable features like hardwood floors, stylish kitchens with mosaic backsplashes, granite countertops, and stainless steel appliances. All units are open concept, and have large private balconies.

    The price per square foot is somewhat high when compared against other buildings in the neighbourhood, and more in line with what you'd expect from downtown Toronto condos for sale, but there are some reasonably priced studios and 1 bedroom suites which could be within reach for first time home buyers.

    The Neighbourhood

    As a resident of 58 Orchard View Blvd in midtown Toronto, you not only have a great neighbourhood, but an excellent position in that neighbourhood as well. If ‘morning’ is a dirty word for you, you’ll find plenty of great cafes nearby to help you clear the cobwebs; you have the trifecta of well known chains like Tim Hortons, Starbucks, and Second Cup within walking distance. Plus, lesser known cafes such as Istanbul Café & Espresso Bar and Aroma Espresso Bar.

    For dining options close to home, it’s all just a matter to taste — residents have fast food chains close-by like McDonald’s, A&W, and Popeyes. There are excellent restaurants serving international cuisine such as La Carnita for Mexican, HoSu Bistro for Japanese, Grazie Ristorante for Italian, and Pho King Fabulous! For Vietnamese. And if you want your meal with a side of nostalgia, Mars Uptown Diner is a retro diner with great burgers.

    It's not the Entertainment District, but Yonge and Eglinton has a nightlife that’s definitely worth checking out. On Yonge Street you’ll find Alleycatz for late night food and live Jazz — and cocktails of course — The Rose and Crown will give you that classic British pub feel, and there’s SIP Wine Bar & Authentic Neapolitan Pizza, which speaks for itself.

    On Eglinton, you’ll encounter a whole other host of desirable hangouts like Granite Brewery for unique brews, Dampa for Karaoke, Prohibition Gastrohouse Midtown for even more craft beers, Good Fortune Bar for cocktails, and many more. Not to mention, comedy clubs like Absolute Comedy, and live music bars.

    Transportation

    58 Orchard View Blvd is the Connor McDavid of walkability — boasting a 97 Walk Score. As a resident of this building, you can easily accomplish all of your errands in a decent pair of walking shoes. In fact, even grocery runs are easy because there’s a Metro in Yonge Eglinton Centre.

    For a dose of nature, you won’t need to travel far from Neon Condos — Eglinton Park is a sizeable green space that’s just 5 minutes away; well-kept, and featuring a splash pad, sports facilities, a community centre, tree-shrouded benches, and an abundance of open green grass, this park offers a peaceful retreat within the city.

    Public transit users have convenience around every corner, beginning with bus stops 2 minutes away on Eglinton and Yonge Street. For trips downtown, Eglinton Station is less than a 5 minute walk from your front door for subway lines.

    With so much positivity, there had to be a letdown somewhere, and car owners will be the ones who feel the weight of it. To reach the nearest highway, drivers can go west on Eglinton Ave W for Allen Rd and the 401 — but you’ll need some patience to get there.

    5

    Listings For Sale

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    2

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    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
    20,064
    Average Individual Income
    $61,983
    Average Household Size
    0 persons
    Average Age
    5
    Average Household Income
    $101,614
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    40%
    Detached
    32%
    Semi Detached
    15%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Mandarin
    10%
    Cantonese
    8%
    Tamil
    2%
    English
    37%
    Indigenous Language
    32%
    Other
    10%
    Education
    High School
    24%
    Apprenticeship
    2%
    University and Above
    37%
    College
    16%
    University Below Batchelor
    3%
    None
    14%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    18%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    8%
    Social Sciences
    11%
    Education
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    28%

    Price Trends

    Building Trends At Neon Condos

    Days on Strata

    Units at Neon Condos spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    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
    5.5
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 34 condos in the Yonge and Eglinton area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

    Neon Condos offers the
    ?
    best value out of 34 condos in the Yonge and Eglinton neighbourhood

    Appreciation Rank

    Neon Condos has the
    ?
    highest ROI out of 34 condos in the Yonge and Eglinton neighbourhood

    Rental Yield

    Neon Condos yields the
    ?
    highest rent prices out of 34 condos in the Yonge and Eglinton neighbourhood

    High Demand

    Neon Condos is the
    ?
    most popular building out of 34 condos in the Yonge and Eglinton neighbourhood

    Transaction Insights at 58 Orchard View Boulevard

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$565,000 - $596,000No DataNo Data$940,000
    Avg. Cost Per SqftNo Data$922No DataNo Data$1,064
    Avg. Wait for Unit Availability404 Days98 Days55 Days95 Days651 Days
    Ratio of Units in Building7%37%34%21%3%

    Maintenance Fees

    Neon Condos vs The Yonge and Eglinton Area

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