Found on Yonge Street a few streets north of Bloor, The Memphis enjoys a quieter yet very convenient and central location in downtown Toronto. With a well-established history and modern upgraded suites, The Memphis is an urban residence that you don’t want to miss.
The building stands at 13-storeys and offers 268 Toronto condos for sale and for rent, ranging in size and style from bachelor apartments to two-bedrooms plus den. Notably larger than some of the newer Toronto condos you might find in this area, suites at The Memphis showcase some fine finishes like engineered hardwood and tile flooring, large windows with supreme sunlight, enclave kitchens with modern stainless steel appliances, and upgraded baths. Known for its elegant lobby, The Memphis also offers an array of amenities that will keep residents energized and entertained.
Not far from Toronto’s Yorkville, The Memphis has easy access to one of the city’s trendiest neighbourhoods, drawing some of North America’s biggest stars to the renowned Toronto Film Festival.
Most Notable Features
Yonge Street living: Yonge Street is well known as the longest street in Ontario and it’s certainly Toronto’s most prominent thoroughfare. Home to the cultural events of Yonge-Dundas Square, the Eaton Centre, Toronto Reference Library, Yorkville boutique shopping, and of course the main line of Toronto’s subway system, Yonge Street gives you everything you could need and more.
Well-established vibe: Built in 1992, The Memphis has achieved a lasting position among downtown Toronto condos and now enjoys a calm, well-established vibe. With spacious suites open to creative personalization and a low-rise condo community feel, The Memphis is a residence where worries melt away and comfortable homes are allowed to blossom.
Visitor parking: One feature on the building’s amenities list that will stand out is visitor parking. Often overlooked, visitor parking is an excellent extra to any downtown residence because it makes it easier for friends and family to visit. Street parking is never guaranteed, but you can tell your guests to drive straight to your door.
With a comfortable home at 942 Yonge Street, you will be living on the most prominent street in Toronto. Just steps from the Yonge and Bloor intersection, you’ll discover an exciting mosaic of the downtown living experience, with the central TTC junction pulling it all together. You will enjoy a smooth blend of business, fashion, artistry, and entertainment, from Yonge Street nightlife and cultural events to Bloor Street restaurants and cafes, Yorkville boutique shopping, and Bay Street business bustle. Discover the Royal Ontario Museum, the Toronto Reference Library, the Eaton Centre, plus a variety of cinemas, theatres, and art galleries. A few local eateries to check out include The Rebel House on Yonge Street for a snug pub scene, Mykonos Mediterranean Grill, and Trattoria Nervosa on Yorkville Avenue for a chic setting of drinks and Italian dishes on a rooftop patio.
For groceries and other household items you can stop by Longo’s on Bloor Street in Hudson’s Bay Centre, Valu-Mart at Bloor and Bay Street, and No Frills at Saks Market on Bloor just west of Sherbourne Street.
There is a lot of nearby green space, most notably the nature trails of Rosedale Valley and Queens Park, a popular tree-filled spot perfect for jogging, roller-blading, outdoor workouts, or simply sitting in the shade with a book.
This area is great for walking, with nearby bicycle-friendly lanes on Wellesley, College, and Sherbourne Streets, plus easy access to the Yonge Street subway line. For car-owners, the area is easily navigable with access to the Gardiner Expressway via Yonge Street and the Lower Jarvis onramp and the Don Valley Parkway via Danforth Avenue.
HIGHEST PRICE PER SQ.FT. OUT OF 324 CONDOS IN DOWNTOWN, TORONTO
AVERAGE PRICE PER SQ.FT FROM RECENT SALES
LESS EXPENSIVE THAN YORKVILLE CONDOS
INCREASE IN AVERAGE VALUE OVER YEAR
Historical Average PSF By Year at The Memphis
Historical Maintenance Fees at The Memphis*
Average Sale Prices for The Memphis in the past 12 months
1 BED Condos
$380,000606 = $627/
$423,750648 = $654/
$520,000690 = $754/
1 BED+DEN Condos
$410,000690 = $594/
$451,222709 = $636/
$520,000690 = $754/
* Information based on analysis of maintenance fee information from past MLS® sales. Figures do not include parking & locker fees.
Location of The Memphis Condos at 942 Yonge Street
Amenities Near The Memphis
94out of 100
Nearby Local Bus Options
97 39m away
320 39m away
6 217m away
82 238m away
Nearby Local Subway/Street Car Options
BLOOR - DANFORTH 468m away
YONGE-UNIVERSITY 228m away
The Memphis Amenities
Gym / Exercise Room
Enter Phone System
Maintenance Fees cover
Common Element Maintenance
There are currently no condos for sale in The Memphis, if you wish to be instantly alerted when something becomes available, please use the "Get Listing Alerts" button above to add this building to your watchlist.