Luxury Condominiums Launch at Yonge and Lawrence “`

526c19022370a75af5ad264a5febeb0b 1 Montcrest launches new luxury condominium residence at Yonge & Lawrence

Designed by renowned architect Richard Wengle & presented by Janice Fox

TORONTO, Dec. 13, 2024 – Montcrest Asset Management announces the launch of The Aston Residences, a new condominium development at Yonge Street and Lawrence Avenue in Toronto’s Bedford Park and Lawrence Park neighbourhoods. This mid-rise building features luxurious suites above ground-floor retail space.

The Aston Residences (CNW Group/Montcrest)

Toronto architect Richard Wengle designed the building, which is presented by Janice Fox of Hazelton Real Estate.

Wengle envisioned The Aston Residences to reflect the elegance of Toronto’s most prestigious areas.

Wengle stated that the project aimed to create an iconic building, drawing inspiration from classic streetscapes in London, Paris, and New York, prioritizing detail and scale at street level, while the upper floors feature contemporary interpretations of classic architecture.

Yashar Fatehi, Montcrest’s CEO, described the development as embodying modern elegance, offering residents a refined lifestyle while remaining in their neighbourhood. He expressed confidence in the building’s status as one of Canada’s most impressive due to Wengle’s architectural design.

The Aston Residences is designed for discerning buyers. Its design, inspired by London’s finest neighbourhoods, complements the building’s and neighbourhood’s amenities.

Janice Fox highlighted the building’s appeal to buyers seeking spacious residences with entertainment areas, outdoor spaces, high ceilings, large windows, full building amenities, and proximity to local attractions, considering it possibly the best new development in North Toronto.

The Bedford Park and Lawrence Park neighbourhoods offer upscale dining, retail, prestigious schools, and private clubs like The Granite Club. The Lawrence subway station provides easy access to downtown, and Highway 401 is nearby for convenient GTA travel.

Wengle described the design as fulfilling a need for elegant, tailored architecture missing in the city for decades.

About Montcrest Asset Management 

Founded in 2012, Montcrest Asset Management is a private equity real estate firm collaborating with high-net-worth and institutional partners on projects offering strong returns. As The Aston Residences’ lead developer, Montcrest provides experience, financial stability, and flexibility to ensure the project’s success.

About Richard Wengle 

Richard Wengle, a renowned architect, has significantly influenced Toronto’s most exclusive neighbourhoods. His sophisticated and timeless designs are synonymous with luxury living, characterized by quality, elegance, and innovation. His buildings are a mark of status, creating meticulously designed living spaces.

About Hazelton Real Estate

Hazelton represents new development projects in Yorkville and the city centre, along with exceptional resale properties. They offer personalized service and access to exclusive residences, leveraging strong industry relationships and unique sourcing capabilities.

Source: Montcrest Asset Management

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SOURCE Montcrest

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