The Gloucester on Yonge is a new high-rise condo project in Toronto by Concord Adex that is nearing completion.
The Gloucester on Yonge Development Details
Construction on the project was started in 2017 under the name The Clover on Yonge and it was launched by a different developer. However, the project went into receivership in 2020 and its future looked uncertain. Fortunately, Concord Adex took over the project and has resumed development of one of the most exciting projects in downtown Toronto under a new name: The Gloucester on Yonge.
As can be seen from the construction image in the gallery on this page, construction has progressed well. The completion date is now expected to be in 2022, meaning buyers can expect to move in to their new suite in the near future.
The suites come in a range of sizes and are quite large for a downtown Toronto condo. There are one-, two- and three-bedroom layouts which range from 603 to 1,260 square feet, offering spacious layouts for residents. In total there are 528 units in the 50-storey building along with a wide variety of amenities located on the third, fourth and sixth levels. These amenities include but are not limited to a theatre room, coffee bar, meeting room, gym, yoga room, library, outdoor pool, lounge, kitchen, and guest suites.
One unique feature of the development is the separate 21-storey private residence with its own separate lobby and a direct access elevator to suites. This is the kind of luxury that sets it apart and will be appealing to many buyers.
The Gloucester on Yonge is located in the Church and Wellesley neighbourhood in downtown Toronto. It’s an area packed full of amenities, with Yonge and Bloor a short walk to the north and Yonge and Dundas a little farther to the south. That means residents of The Gloucester on Yonge will be able to enjoy some of the bets that downtown Toronto has to offer.
With direct indoor access to Wellesley subway station from The Gloucester on Yonge, residents will be able to enjoy a unique feature in a modern condo development. The close proximity of the subway helps the location attain an excellent 92/100 transit score, while the sheer volume of local amenities ensure a near-perfect 99/100 walk score. Those getting around on two wheels can also enjoy decent biking infrastructure and a 96/100 bike score. In short, if you live at The Gloucester on Yonge, you’ll find most of the things you need right at your doorstep.