A new boutique condo building arrives at the historic Capitol Theater


Suite prices average $ 1 million and feature expansive terraces and Art Deco style

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When the Capitol Theater in Yonge and Castlefield first opened in 1918, pig-hat-wearing visitors and dating filled the place to watch Mary Pickford movies and vaudeville acts. Over time, silent images of the Capitol gave way to talkies, decades ago, but by 1998 the Art Deco stack was primarily hosting weddings and other private functions.


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“It’s a spectacular building,” says Josh Zagdanski, Madison Group vice president of skyscrapers.

In collaboration with Westdale Properties, the developer stages the monument’s next act, its transformation into The Capitol Residences.

Suites in the 145-unit, 14-story building, with a July 2022 move-in date, cost an average of $ 1 million for 1,950 square feet or more; smaller units – 425 square feet priced at $ 700, for example – cost a little less.

“The building set its sights on us,” Zagdanski explains, recalling how he was approached by the McClelland family who built, owned and operated the theater.

“We’re doing a lot of work in this area and they recognized that it was time for the next iteration of the building,” says Zagdanski. “We were honored that they came to us – this is a really special boutique project for Midtown. The one we are extremely honored to guide in his next life.


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Yonge and Eglinton have it all, Zagdanski notes. “This is an incredible location in the heart of the North Village of Yonge, where you will find shops and restaurants. It is close to transport and amenities.

The Madison Group, a five-decade-old developer, is behind several nearby high- and low-rise office and retail buildings, rental and retirement buildings, as well as the ART program, the illuminated walkway designed by muralist David Guinn and lighting designer. Drew Billiau.

Hariri Pontarini Architects and Turner Fleischer Architects, with heritage architect Christopher Borgal, will retain the facade of the Capitol, previously designed by John MacNee Jeffrey, as well as the vestibule. The plans include a marquee and an elaborate porte-cochere.


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Spacious private terraces and oversized balconies, meanwhile, offer city views, Zagdanski explains.

The stepped levels on the east side of the building will allow residents to elevate the landscape to several stories, onto their large terraces, while those living on the west side of the property will enjoy the new 3,700 square meter parking lot turned into a park, says Zagdanaski.

“It’s not ordinary; it’s the antithesis of a traditional downtown Toronto project, ”he says.

The lobby is designed by Alessandro Munge of Studio Munge, bringing drama to the building’s public and private spaces: the fun custom lightings, lavish furnishings, and arched doors in the lobby; the moody speakeasy-inspired golf simulator and social club with mile-long drapes and jade hues, and even an imaginative play area for the kids.


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Other amenities include a state-of-the-art fitness center, pet spa, automated parcel storage, 24/7 concierge service, and an outdoor lounge and dining areas with a garden and tables. grill stations.

As for the suites themselves, “what makes them special is that they’re bigger – they’re designed to live,” Zagdanski explains. “These are all 10 foot ceilings, which is unique to any condo project.

There aren’t too many repetitive layouts either, he says. “Each is individually designed, so they’re similar to homes in the area. There are even gas stoves.

The spectacular entrance to the building.
The spectacular entrance to the building. Photo by Photo Courtesy of Madison Group

Such characteristics are “meaningful to people in this demographic who are leaving homes with all of these things.”

Zagdanski describes a move to the Capitol residences as “rewarding”, not a downsizing.


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Residents, he says, “will have larger suites, great amenities, you’re still in the village and backing onto a park.”

If they could only find a cinema to see a movie.

Prices range from $ 700,000 for a 425 square foot studio to $ 1 million for over 1,950 square feet. For more information, visit thecapitolresidences.ca.

Three things

For Eastern Mediterranean fare, stroll to Byblos for a plate of sweet rice, black truffle pide, fig salad, and Mediterranean fried chicken. 2537 Yonge Street

Work out at F45, a fitness studio with high-intensity group workouts that combine cardio and strength training. 1 Eglinton Avenue East

To furnish the new digs, Ethan Allen offers stylish home office furniture, custom rugs, and bedroom sets. 1819 Yonge Street



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