The Capitol Residences receives a standing ovation at its official groundbreaking ceremonyAug 16, 2022
The sound of live music, cheerful conversation and the smell of fresh-brewed coffee floated through a garden-themed party held at 2500 Yonge Street in Toronto last month — the future site of The Capitol Residences, a high-rise condo community set to be constructed atop Toronto’s historic Capitol Theatre.
Purchasers, agents and community officials gathered at the private event on July 14th to celebrate the official groundbreaking ceremony on the project. Attendees enjoyed a live jazz performance courtesy of Main Event Music, a local performing arts group and long-time tenant of The Capitol Theatre.
Josh Zagdanski, the vice president of high rise at Madison Group, took to the stage and spoke eagerly about the future of The Capitol.
“Madison and Westdale are thrilled to be developing a residential project that pays homage to and brings new life to this historic venue,” he said. “The Capitol Theatre has played host to countless premieres and celebrities, but most importantly generations of Toronto residents.”
Attendees included Toronto City Councillor Mike Colle, the project’s architect — Russell Fleischer from Turner Fliescher Architects Inc. — and interior designer Alessandro Munge from Studio Munge, who spoke about the building’s distinct design and inspiration.
The Capitol Residences fuses modern design features with the building’s original art deco architecture, giving all who enter a feeling of stepping into history. A grand marble archway with brass inlays at the entrance of the building opens the door to a theatrical and glamorous reception, a theme that continues throughout the building.
Units range from one to three bedrooms in size and feature Sub-Zero and Wolf appliances, Paramount fixtures and oversized private terraces with views overlooking the city.
Residents can enjoy a plethora of amenities within the building, including a children’s play room, a state-of-the-art fitness centre with private workout areas, golf simulator and parlour, and an extensive indoor and outdoor social lounge featuring an intimate greenhouse and private seating areas.
The Capitol Residences embodies the perfect mix of luxury, leisure and entertainment to suit the uniqueness of everyone’s lifestyle. But living in a reimagined piece of Toronto’s history isn’t the only thing The Capitol Residences has to offer.
Set in a prime location, in the centre of the bustling Midtown Village, purchasers are surrounded by life-enriching amenities, lively nightlife and a diverse selection of niche restaurants, coffee shops and bars.
The Capitol places residents mere steps from the Yonge-Eglinton TTC subway line and forthcoming Eglinton Crosstown LRT, the Yonge Eglinton Centre and Alexander Muir Park — a location that promises easy access to the city’s best attractions.
The community’s construction marks an additional step in the right direction for Toronto’s greenspaces. In conjunction with the City of Toronto, the teams at Madison Group and Westdale Properties are proud to a bring a fresh new greenspace to The Capitol’s backyard with the conversion of a parking lot on the west side of the property into a park for residents and community members to enjoy, a welcomed and unique addition to the neighbourhood.
Since its launch, The Capitol Residences has drawn plenty of attention from homebuyers looking to call the iconic location home. Currently, only a few units remain on the market.
For more information on The Capitol Residences or to register, visit capitolresidences.ca