NYX Capital Corp has acquired several Toronto retail properties located at 3180-3202 Yonge St., near the intersection of Yonge St. and Lawrence Ave. for a planned residential development which will include a 9-12 storey midrise residential building with a retail podium at grade and 109 residential condominiums on upper floors. The project will occupy a 0.47-acre site.
Centrally located and well connected, the site is steps away from the Lawrence Subway Station and a 20-minute commute to downtown Toronto. Nestled between two affluent neighborhoods of Lawrence Park and Bedford Park, the site is near prestigious schools, York University’s Glendon College Campus and amenities including banks, shops, and food service options along Yonge St.
Said NYX Capital CEO Yashar Fatehi, “I believe we have developed a great vision for this site which will improve the urban landscape of the area and introduce a much needed residential product that fits the neighbourhood. We look forward to working with our area Councilors and City staff towards realization our vision.”
ABOUT NYX CAPITAL CORP.
NYX Capital Corp is a private equity real estate investment firm based in Toronto, Canada with investments in high-quality commercial, residential industrial and self-storage development projects throughout Canada, currently managing $620 million in assets.