411 Church St – Axis Condos
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411 Church St is a condo tower by CentreCourt Developments, known for 101 Peter and Indx Condos. CentreCourt is known as a high rental income developer. They build in excellent locations that are in close proximity to transit and local amenities.Â We see value in 411 Church because the location is able to drive in high rental income in a very desirable neighbourhood.
411 ChurchÂ is designed by Page + Steele / IBI Group Architects.Â It contains 38 storeys of residential units on top of a 7 storey podium, making the total development 45 storeys tall.Â It is comprised of approximately 540 residential units. Units range in size from studio to two bedroom suites.Â The lower 7 floors will contain retail and office space.
Why Invest In Axis Condos:
- Excellent location at Church and Carlton
- 1 city block from Yonge and College and PATH
- 5 minute walk to Ryerson University
- 8 minute walk to Eaton Centre
- 12 minute walk to U of T
- Walk score 98/100
- Directly across from Loblaws grocery store
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Building amenities include:
- 24/7 Concierge Service
- Fitness Centre
- Party Room
- Underground Parking
- Retail within development
411 Church St is located on Church just North of Carlton. It is within the Church-Wellesley Village, a vibrant neighbourhood with many local amenities within a 500 metre radius. It is a short walk to Yonge Street and WellesleyÂ Subway Station, making it easy for transit access.Â There is also one of the nicest Loblaws in the city close by at the corner of Church and Carlton, where the oldÂ Maple Leaf Gardens used to be. Ryerson University and George Brown College are nearby as well.
Downtown Toronto has several universities and the demand for students to live near campus is very high. Leasing out a one bedroom plus den unit to students will generate a monthly rent of $1,800-$2,200. We believe 411 Church is a great opportunity for investors who are looking to receive cash flow from rents and timely appreciation.
411 Church Google Map:
Toronto Real Estate Market 1970 – 2015
411 Church St – VIP Investment Opportunity
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