Building Details
Listing History for The Memphis Condos
Amenities
Maintenance Fees
About 942 Yonge Street — The Memphis Condos
Just north of Davenport Road, within Toronto’s eminent Yorkville neighbourhood, sits the Memphis Condos at 942 Yonge Street. These posh homes offer residents some of the city’s best living spaces in regards to comfort, convenience and overall quality. With the fantastic shops and boutiques of Yorkville at its residents’ doorsteps, the Memphis Condos are perfect for any urbanites, whether they’re starting a career, growing a family, or planning for retirement.
Built in 1992, the Memphis Condos have been a tried-and-true residential fixture of the neighborhood for decades. As a result, many of the suites inside have been extensively updated over the years. The building has a façade of bright stone with a stepped western face, and a spectacular hotel-style lobby. Convenient retail spaces can be found on the ground floor of 942 Yonge on bustling Yonge Street, in contrast to the quieter residential streets on the western side of the building.
The condo is surrounded by landscaped grounds that helps bring life to downtown Toronto’s urban aesthetic. The building also features plenty of great amenities for residents to use at their leisure: these include a gym, a hot tub and sauna, a party room, garage parking for residents and their guests, concierge and security services, and a cozy rooftop terrace.
The Suites
Standing at 13 storeys, the building holds 268 downtown Toronto condos that range in size from just under 450 square feet to over 2,000 square feet. Toronto condos for sale at 942 Yonge come with 1 or 2 bedrooms, 1 or 2 bathrooms, and dens that can easily be used as home offices, libraries, or family rooms.
The homes are bright, spacious and stylish — ideal for residents looking for that sweet-spot of comfort, charm and luxuriousness. Suites feature open-concept living and dining areas, laminate wood floors (except for tile floors in kitchens), and expansive windows that flood every corner with sunlight during the daytime. Roomy kitchens are finished with integrated stainless steel appliances, while luxe bathrooms have marble tile finishes on floors and shower walls.
Bedrooms boast either hardwood floors or broadloom carpets, and all suites feature modern washer and dryer laundry units. As well, a small number of suites along the building’s western side have their own private terraces.
The Neighbourhood
Being situated between the Yorkville, Mount Pleasant West, and Rosedale - Midtown neighborhoods provides residents unparalleled access to high-class dining, entertainment venues, terrific shopping, and a multitude of green-spaces.
Taking just a short walk from 942 Yonge can bring residents to a number of businesses like yoga studios, clothing stores, specialty boutiques, and even art galleries. And for more nearby shopping, residents can check out the Yorkville Village Mall or the Hudson’s Bay Centre, each with their own grocery and liquor stores.
For entertainment around the Memphis Condos, the Varsity Cinemas on Bloor Street will come in handy (as well as a number of more intimate or specialty theaters like the George Ignatieff Theatre). Museums like the Gardiner Museum or Royal Ontario Museum are other great places to spend the day indoors, in addition to a number of unique and popular bars along Yonge Street. As well, the Evergreen Brickworks are not too far north either.
If residents are looking to stretch their legs at a nearby park, they can choose to stop by Ramsden Park, Jessie Ketchum Park, Queens Park, or Budd Shugarman Park. And families will have quite a few schools to choose from, including Jessie Ketchum Junior and Senior Public School, Branksome Hall, or the University of Toronto, in addition to several downtown daycare centers.
Transportation
The neighborhood is easy to get around, especially thanks to its close proximity to several routes that allow for trouble-free commuting or exploring.
Residents are within close reach of two major subway lines: Rosedale Subway station is a 2-minute walk north, and the Bloor-Yonge Station is a 4-minute walk south, which connects to both the Yonge and the Bloor-Danforth lines. A number of TTC bus routes also service Yonge and Davenport Road.
Bike lanes can be found along nearby streets like Bloor, Wellesley, Sherbourne, College and Bay. And last but not least, motorists living at the Memphis Condos can use Rosedale Valley Road to access the Don Valley Parkway, or take Yonge Street to reach the Gardiner Expressway.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
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Building Trends At The Memphis Condos
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Transaction Insights at 942 Yonge Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | $380,000 | $630,000 - $660,000 | $600,000 - $710,000 | $850,000 | No Data | No Data | No Data |
Avg. Cost Per Sqft | $823 | $1,021 | $1,017 | $919 | No Data | No Data | No Data |
Price Range | $2,150 | $2,350 - $2,600 | $2,600 - $2,850 | $3,200 | $3,700 - $3,900 | No Data | No Data |
Avg. Wait for Unit Availability | 309 Days | 135 Days | 78 Days | 820 Days | No Data | 26 Days | No Data |
Avg. Wait for Unit Availability | 127 Days | 60 Days | 32 Days | 117 Days | 382 Days | No Data | No Data |
Ratio of Units in Building | 12% | 26% | 42% | 13% | 4% | 5% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Yorkville