With Toronto’s vacancy rate for condominium apartments at a meager 0.7 per cent, new rental units hitting the market is certainly cause for celebration. The Montgomery is a 27-storey luxury high-rise in the heart of Yonge and Eglinton with an expected occupancy of early 2019. Rhapsody Property Management Services recently launched pre-leasing for the purpose-built rental development’s 230 units.

Future residents are invited to choose from one- and two-bedroom floorplans, in addition to the coveted three-bedroom Penthouse Collection. The open-concept suites are airy and inviting, with floor-to-ceiling windows, large closets, functional living spaces and generous patios or balconies (as per plan). The chef-worthy kitchens are complete with quartz countertops and four stainless steel appliances, including a dishwasher. Suites also feature a stackable washer and dryer, air conditioning and pre-installed window coverings for added privacy.

The Montgomery offers all the social and recreational amenities renters have come to expect from a condominium community. The grand lobby is supervised by a helpful concierge, who will collect packages on residents’ behalf and greet visitors. Work up a sweat in the state-of-the-art fitness facility or go for a dip in the building’s palatial pool. The stylish party room is ideal for hosting large get-togethers with friends and family, and features an adjacent outdoor terrace with barbecues. Pet owners will appreciate the dog running area and pet washing station, while the media room provides a quiet space for working from home or browsing the web on The Montgomery’s high speed internet.

Located at 25 Montgomery Avenue, the development resides on the site of the once famed Montgomery’s Tavern and will rise just west of the revered 1936 Art Deco building. “A property of this calibre attracts residents who demand a very high attention to detail,” says Rhapsody Senior Vice President Rob Martin. “To that end, we have carefully calibrated every detail to accommodate and enhance real life, providing personalized services and thoughtful amenities.”

Midtown Toronto’s Yonge and Eglinton neighbourhood is replete with shopping, dining and entertainment venues. The Montgomery offers convenient access to public transportation including the nearby Eglinton Station and the future Eglinton Crosstown LRT. In fact, the development boasts an impressive walk score of 91 and a transit score of 93 — everything you need is just steps away.

For more information about leasing a suite at The Montgomery and to schedule a tour, visit www.themontgomery.ca.

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