In May 2020, Montcrest Asset Management (formerly known as NYX Capital Corp.) acquired several retail properties located at 3180-3202 Yonge Street, near the intersection of Yonge Street and Lawrence, Avenue for a planned residential development which will include a 9-12 storey mid-rise residential building with a retail podium at grade and 109 residential condominiums on upper floors.
The properties are centrally located and well connected, steps away from the Lawrence Subway Station, and are a 20-minute commute to downtown Toronto. Nestled between two affluent neighbourhoods of Lawrence Park and Bedford Park, the site is near prestigious schools and amenities, including banks, shops, and food service options along Yonge Street.
