BUILDER/DEVELOPER: Aspen Ridge Homes
SIZE: 533 to 2,407 square feet
PRICE: $421,990 to $2,251,990
SALES CENTRE: 2 Jackes Ave., at Yonge Street. Open Monday to Thursday from noon to 7 p.m.; weekends and holidays from 11 a.m. to 6 p.m.; Friday by appointment.
CONTACT: Phone 416-203-7034 or visit thejackcondo.com
What was once the headquarters for a popular radio station in Toronto will become the home base for upscale residential suites by Aspen Ridge Homes.
"It was formerly the CHUM building, so there's a lot of eyes on it because it's a great location," says director of marketing, Christene DeGasperis, whose own mother has reminisced over the landmark's musical past and performances by artists such as the Beatles and Elvis Presley.
"Within the old part of the building … they have some interesting little CHUM signs here and there that we're going to try to utilize."
The rest of the aging two-storey structure – vacated in 2009 – will be replaced by a contemporary, 11-storey building named the Jack, in reference to its coveted spot at 1331 Yonge St., at the corner of Jackes Avenue, south of St. Clair Avenue.
"One thing that people are loving is the Rosedale address and location, as well as the fact we're a boutique building with only 130 units," Ms. DeGasperis says.
"We wanted a simple, elegant name reminiscent of some of the great hotels of New York – like the Berkeley, the Mark and the Carlyle – since this has that kind of boutique, hotel feel."
Quadrangle Architects designed the limestone residence in tune with local establishments, from cafés, bistros and boutiques along Yonge Street to classic manor homes and extensive green space, such as the Rosehill Reservoir and Vale of Avoca Ravine, hidden off small side roads.
"Our suites on the corner that face Yonge and Jackes have complete unobstructed views of downtown, so those went first, and we have some great terrace suites that were popular at the beginning and are still popular," says Ms. DeGasperis, who kicked off previews midsummer.
"The [buyers] that are wanting big units … love the area and want to stay in the area, but want something new and something a little bigger."
The infill project will also bring new street-level retail and private amenities outfitted by II BY IV Design Associates, such as a guest suite, fitness rooms and party space with a dining area, lounge, bar, billiards table, prep kitchen and outdoor terrace with quarters to cook and dine.
Further up will be a rooftop terrace and Zen garden.
Like another Aspen Ridge development, common areas will be enhanced with 24-hour concierge, valet, security and lifestyle management services. "It went over well at 77 Charles, so we thought we'd carry the program over to the Jack," Ms. DeGasperis says.
"They offer concierge service to the residents to have as little as you want, or as much as you want, from acquiring tickets for you … to organizing trips."
A fully furnished 1,700-square-foot model is representative of the one- and two-bedroom plans, which generally offer open principal rooms and linear kitchens, as well as enclosed dens, wraparound terraces and multiple balconies in some cases.
"We're about 50 per cent sold, but we still have some product to release and we're holding back some great stuff," Ms. DeGasperis states. "We still have the penthouse to release and a couple other units that are large."
Standard appointments will include nine-foot ceilings and plank engineered floors, as well as Miele kitchen appliances, European-style cabinetry, back-painted glass backsplashes, Caesarstone or granite counters.
Custom upgrades can entail heated tile areas, customized closets, crown mouldings and an A/V package.
Monthly fees will be 72 cents a square foot. Suites on premium floors will get one- or two-car parking and a locker, but otherwise available with larger units for $60,000 and $120,000 for regular and plus size parking respectively.
Occupancy will begin January, 2018.