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Toronto New Condos: Construction starts on Aura, Canada’s largest condo

May 10, 2010

When completed in 2012, Aura — a 245-metre tower, the fifth tallest in Toronto — will boast over 1.1 million square feet of space, including 931 residential units and 180,000 square feet of retail offerings.

Toronto Mayor David Miller and Councillor Kyle Rae joined Michael LaBrier, president of Aura’s developer Canderel Stoneridge, for festivities at the building site on the northwest corner of Yonge and Gerrard, currently home to a parking lot.

Indeed, with dirt having been officially turned, Aura has triumphed over a rival iconic super-condo, 1 Bloor, which was to be 80 storeys before the project failed last summer amid the economic maelstrom. (The Great Gulf Group recently launched a new One Bloor project, which will be 65 storeys.)

The big question remains: How long will Aura remain the tallest?

Aura Condo Details:

  • Location: Yonge St. & Gerrard St.
  • Developer: Canderel Stoneridge Equity Group
  • Architect: Graziani + Corazza Architects
  • Height: 75 storeys
  • Condo Units: 931 (from 500 square feet to 1,400 square feet), with 900 units have sold as of mid-April.
  • Price range: From $800,000 for 1,090 square feet terrace suites to over $3 million for sub-penthouse.
  • Sub-penthouses: From 72nd to 74th floors. 2,300 square feet to over 3,000 square feet Priced from $2.2 to $3.0 million.
  • Top-floor penthouse: 11,370 square feet, $17.5 million.
  • Condo Features: Engineered wood flooring, 9-foot ceilings, floor to ceiling windows, French doors in dens.
  • Kitchens: Stainless steel GE Café Series appliances (including wine fridge), quartz countertops, glass backsplash, double stainless steel sink, under-cabinet lighting.
  • Bathrooms: Soaker tub, trough style over-mount sink, separate shower stall with frameless glass door, porcelain tile flooring, dual flush toilets.
  • Retail: Bed Bath & Beyond, BMO, Alice Fazooli’s and Canyon Creek (more TBA.)
  • Amenities: Landscaped rooftop on fifth floor, fitness centre, high-speed elevators, three guest suites, 24-hour concierge, underground parking garage with special section for penthouse residents.
  • Location: Direct underground access to College subway station and future connection to the PATH system. Within walking distance of universities, hospitals, financial district and shopping and dining.
  • Occupancy: 2012-2013
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