Developers RioCan Real Estate Investment Trust, Metropia and Capital Developments recently held a groundbreaking ceremony to officially mark the beginning of construction on one of Yorkville’s most-anticipated developments – 11 Yorkville. The project is located on one of Toronto’s most coveted sites, and represents one of the last parcels of land for new construction on Yorkville Ave.

“We launched 11 Yorkville just over a year ago, and I am beyond proud of today’s momentous milestone,” says Edward Sonshine, founder and CEO of RioCan. “Yorkville is one of Toronto’s most prestigious neighbourhoods and is regarded as an iconic area on the world stage. It has been an honour to bring such a significant project to this truly special address.”

Once complete, the 62-storey tower will feature 593 premium residences, best-in-class amenities, a 43,000-sq.-ft. double-storey retail space and a brand-new city parkette.

Since launching the project in 2019, the developers have already sold 97 per cent of suites in this mixed-use development.

11yorkville.com