NYX Capital to build mixed-use midrise condo at Yonge and Lawrence in Toronto
January 22, 2021
NYX Capital Corp has acquired several Toronto retail properties at 3180 to 3202 Yonge St., near the intersection of Yonge St. and Lawrence Ave., for a planned residential development. The project is to include a midrise building of nine to 12 storeys, with a retail podium at grade and 109 residential condominiums on upper floors.
Centrally located and well connected, the site is steps from the Lawrence subway station and a 20-minute commute to downtown Toronto. Nestled between the 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.
“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,” says NYX Capital CEO Yashar Fatehi. “We look forward to working with our area councillors and city staff towards realization of our vision.”
NYX Capital Corp. is a Toronto-based private equity real estate investment firm, with investments in commercial, residential industrial and self-storage development projects throughout Canada, currently managing $620 million in assets.
nyxcapital.com