One Roxborough West, the latest project by real estate developer North Drive, has achieved sales of over 60 percent of its units, underscoring resilient demand in Toronto’s high-end pre-construction market.
Located on Yonge Street in the Rosedale-Summerhill neighbourhood, the 12-storey condominium features contextually responsive architecture, spacious floorplans, and several full-floor residences. Following the launch of sales this past spring, several full floor residences have been sold ranging between $16.5 million and $18 million, helping the project reach over 75 percent of its total revenue, allowing the project to begin construction.
“From the beginning, our goal for One Roxborough West was to create the quintessential Rosedale-Summerhill building,” says Jordan Morassutti, Co- Founder and Partner at North Drive. “We’re particularly proud of the compelling work by Reflect Architecture, whose design for One Roxborough West is tastefully understated and contextually responsive. Not only does it extend the high street spirit of Yonge Street, but it also feels like a natural extension of the Rosedale-Summerhill community. Together, we hit the mark for buyers looking for a truly unique, upmarket opportunity in an iconic Toronto neighbourhood."
The successful launch of the project comes during a challenging time for Toronto’s pre-construction sector, and is attributed to its location, design, and unique product offering. Full-floor residences are a rarity in new residential buildings, but One Roxborough West benefits from proportions that allowed the project to accommodate such units.
Another defining feature of One Roxborough West is the blend of urban architecture and residential design by Reflect Architecture, which draws from the neighbourhood’s unique character, and responds to the site’s proximity to Yonge Street and surrounding residential areas.
“The two-tone language of the building, as well as the respective detailing and thoughtful integration of features, create a visual narrative that speaks to the unique conditions of existing between the high street and the neighbourhood,” says Trevor Wallace, Principal, Reflect Architecture. “There is an intentional massing effect, where each component of the building responds to an important site condition. From the retail spaces on the ground floor to the intimate café or restaurant, to the loggias that serve as urban oases, every element works to add depth and sincerity to the building's presence."
One Roxborough West offers a limited collection of 27 residential units. Remaining units range from 1,450 to 3,700 square feet and start in the $3Ms.
For more information visit www.oneroxboroughwest.com.
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