Newly Approved Park and Green Spaces Coming to The Capitol Residences

Originally Published By: Urban Toronto

Madison Group and Westdale Properties‘  The Capitol Residences has acquired approval from the City for a park to be built to the west of the development. The upcoming 14-storey, Turner Fleischer Architects and Hariri Pontarini Architects-designed condo located at Yonge and Castlefield streets in Midtown Toronto is also planning for green spaces to be embedded in the fabric of the building, through its cascading outdoor terraces. 

“We are excited to announce that Toronto City Council has officially adopted the re-designation of the adjacent land to Parks and Open Space, providing The Capitol Residents with a new park,” said Josh Zagdanski, Vice-President, High-Rise of Madison Group.

The Capitol by Turner Fleischer Architects and Hariri Pontarini Architects for Madison Group and Westdale Properties in TorontoThe Capitol Residences with newly approved park to its west, image courtesy of Madison Group

The park will replace what is currently a parking lot, and offer a total of 3,700m² of green space for both the residents of the building, and those of the surrounding community. When the building is complete, all units located on the west side of The Capitol will have views of the brand new park from both inside and from their generous private outdoor spaces. Lower terraces will enjoy natural light filtered through the adjacent tree canopy, while expansive neighbourhood views will grow as suites climb upwards. On the tenth floor, all residents will be able to enjoy a terrace with private seating areas and a communal greenhouse. For the units which do not face the park, they will enjoy oversized balconies or terraces overlooking the vibrancy of Yonge Street.

The Capitol by Turner Fleischer Architects and Hariri Pontarini Architects for Madison Group and Westdale Properties in TorontoView over Yonge Street from The Capitol Residences, image courtesy of Madison Group

The Capitol is also in close proximity to additional parks in the area including Eglinton Park, Alexander Muir Gardens, Sherwood Park, and the Blythwood Ravine, meaning that residents will have their choice of green spaces when they wish to enjoy the outdoors. 

You can learn more from our Database file for the project, linked below. If you’d like, you can join in on the conversation in the associated Project Forum thread, or leave a comment in the space provided on this page.

From a silver screen to condo suites at Capitol Residences

Originally Published By: The Toronto Star

By Tracy HanesSpecial to the StarWed., Oct. 6, 2021 | 5 min. read

A new landmark came to Midtown Toronto in 1914 when the 1,300-seat York Theatre was built on Yonge St. at the corner of Castlefield Ave.

The theatre hosted vaudeville shows and silent films until 1922 when a three-storey building, new entrance and balcony were constructed and it was adapted to exclusively screen movies. Its transformation represented the work of architect Murray Brown, who designed Famous Players Theatres across Canada, and it was renamed the Capitol Theatre.

The Capitol Theatre in 1946, with an Olivia de Havilland rom-com headlining the marquee, with candy store Laura Secord next door.

Now, a century later, the historic Capitol Theatre’s rich history will be integrated into another transformation as the site of the Capitol Residences, a mixed-use residential condominium project by the Madison Group. The design will retain the original, 20th-century classical revival façade and the theatre’s art deco stainless steel marquee, restore the entrance and the interior vestibule, and rebuild the theatre space.

Indi Miskolczi, who now lives in Peterborough, vividly remembers the excitement at the old theatre on June 12, 1981. Then a student at the Ontario College of Art, Miskolczi took transit to Midtown, stood in line under the Capitol’s marquee, followed the queue through the ornate lobby and took her seat in the sold-out theatre. That’s when she met another “Indy” for the first time — Harrison Ford’s character Indiana Jones.

“I remember the high ceilings and big chandeliers,” she says as she took in the theatre’s details until the lights dimmed. “And that night, ‘Raiders of the Lost Ark’ became one of my all-time favourite movies.”

Thousands of other Torontonians have similar fond memories of the Capitol that, in the beginning, kept things friendly with the Laura Secord shop next door by not offering a confection and candy bar. In 1998, after being saved from demolition and after a $2-million renovation, the Capitol became an upscale event venue until finally closing shortly afterward.

The marquee of the Capitol Theatre on Yonge St., with Josh Zagdanski of Madison Homes, left, and Emad Ghattas, with GBCA Architects, will be included in the new condo's design.

“This site is in an incredible location with the best of town and country,” said Josh Zagdanski, vice-president of highrise at Madison Group. “It’s in the middle of Yonge North Village, which has all these wonderful shops and restaurants. It’s close to all the action of Yonge St. but far enough away to feel part of the neighbourhood. It’s a perfect balance and that’s why it’s unique.”

The property didn’t have a heritage designation when Madison purchased it. However, as the development team moved through the approvals process, they agreed with the city that it should have a conservation plan.

“Over time and throughout the later decades of the 20th century leading to this day, the building has grown to become an important complex that maintained and supported the commercial character of the street,” said Emad Ghattas, senior associate architect at GBCA Architects, the firm handling the heritage aspects of the project. Hariri Pontarini Architects and Turner Fleischer Architects have designed the new tiered building in a style that ties in with the heritage sand-cast brick and light stone.

The Capitol’s canopy and storefronts that adorn the entrance are significant features and plans include restoring the streetscape appearance to its 1937 style. The current canopy is an alteration, said Ghattas, and was stripped of some of its design features. “We are proposing to bring some of that excitement to the streetscape and are working with a lighting consultant on this portion, as lighting is an important component on this project.”

Zagdanski said initiatives for the heritage façade include retail outlets and the theatre itself will still be accessible to the public in some form, such as a restaurant or as a theatre. A new park, designed and built by the city and with a financial contribution from the developers, will cover nearly an acre and replace the old parking lot at the rear of the building.

“What’s great about (the theatre), is that it had its up and downs over the years, but it’s always been a place of community and gathering,” said Zagdanski.

“Our team felt a great obligation that the new project reimagines it as a place for community, a place for gathering. It’s been a real treat for us.”

The condominium tower will rise behind the façade, with a series of ascending landscaped terraces and oversized balconies. Zagdanski said the residential structure will have larger units with 10-foot ceilings and dens that can be closed off for working from home. There will be 145 units in all, with one-, two- and three-bedroom plans.

“Our expectation is we’ll get buyers from the surrounding communities and neighbourhood. This is up-living not downsizing,” said Zagdanski. “These people want to transition from their current homes to a more urban lifestyle, but also to a luxury lifestyle, and don’t want to lose anything in the transition.”

Design plans for The Capitol Residences include revamping the marquee entrance, and creating a public space from the original theatre space.

Madison Group consulted with local residents, the BIA and city councillor, and Zagdanski said the feedback helped inform the design and layouts. He added the Capitol Residences redevelopment reflects the municipal government’s objectives for that of stretch of North Yonge Village: “The city is not looking for towers here. A more intimate building is the intent and we helped pioneer that. It looks and feels right for the area, is close to neighbourhood shops and restaurants, very close to transit and will have all the amenities.” The building has a Walk Score of 90 and a Transit Score of 87.

Those amenities will include a high-end fitness centre, golf simulator, lounge/bar area, party room, kids’s play room and an outdoor amenity space with dining areas and barbecues

Alessandro Munge, principal in Studio Munge that specializes in luxury hotel, restaurant and residential design, took inspiration from the theatre’s history for the Capitol Residences for the interior spaces, said Zagdanski. “The design is very organic and had its story in the Capitol Theatre. Alessandro took it, ran with it and made it exceptional.” The theatre influence will be evident in the porte cochere and the grand entrance that is a throwback to the heyday of movie theatres with oxblood marble floors and walnut panelling. As well, the kids’ room will have a theatre stage.

“Honestly, we’re very excited about this project,” said Zagdanski.THTracy Hanes is a GTA-based writer and a freelance contributor for the Star. Reach her via email:


The Capitol Residences, a new 145-unit, 14-story mixed-use condo building by Madison Group at the corner of Yonge and Castlefield in midtown Toronto, will incorporate the facade, marquee, entrance and other elements of the Capitol Theatre, an example of an early 20th century Classical Revival building. It's in the heart of North Yonge Village, steps from transit and a new city park will be built where the parking lot used to be.

Location: 2492 Yonge St., Toronto

Developer: Madison Group

Architects: Hariri Pontarini Architects and Turner Fleischer Architects; heritage consultants GBCA Architects

Interior Design: Studio Munge

Suites: 145 units in 14-storey mixed-use building. One-, two-, three-bedroom-with-den units up to 3,000-plus sq. ft. Priced from $1 million. Tentative occupancy July 2025.

Building amenities: Fitness centre, golf simulator, lounge/bar area, party room, kids’s play room with stage and an outdoor amenity space with dining areas and barbecues


Luxury boutique launches in Midtown Toronto

Originally published by: Canadian Real Estate Wealth

Amid a dearth of new condo launches, Toronto is receiving one of its first new luxury boutique releases.

Capitol Residences, a 14-storey, 145-unit condominium from Madison Group and Westdale Properties in the bustling Yonge and Eglinton epicentre of Midtown recently launched sales for units of up to 3,000 sq ft with pricing starting at $1 million. The building’s units are superlatively designed with 10-foot ceilings, curated finishes and signature kitchens featuring everything from gas ranges to high-end appliances and oversized terraces and balconies.

The building pays homage to the former Capitol Theatre, which opened in 1914 and closed in 1998, and saw locals through the difficulties of the Great Depression and 1930s. The amenity package features a speakeasy-inspired golf simulator and social club, and more.

“The amenities harken back to the essence of what the grandness of life was at the original Capitol Theatre, which anchors the project. To come in through a grand lobby, have a state-of-the-art fitness facility, a golf simulator that’s paired with a bar and social lounge; there is a really unique kids’ play area that has a theatre stage that was inspired by the original Capitol Theatre,” Josh Zagdanski, VP of high-rise at Madison Group, said. “There is a social club with both a living and dining room that opens up to a really magical terrace, which is social-oriented, depending on how you want to use it. There will be a brand new city park next to the development, too.”

The Studio Munge-designed entryway retains the theatre and film theme omnipresent in Capitol Residences, but as much as the building’s interior is a blast from the past, the surrounding neighbourhood is arguably the greatest amenity, says Zagdanski.

“The site is in the Yonge North Village and the proximity of the urban centre is continually evolving and with the LRT and all the amenities as well as increased density in the area,” he said. “You can see it in the form of retail and office tenants and residents coming to add value and completing an area where they live, work and play to the fullest extent.”

Mid-size luxury project pays homage to The Capitol

Originally published by: Toronto Sun

The Capitol Residences aims to capture the nostalgic vibrancy of its theatre past.

It’s called The Capitol Residences, and once built, will combine the new with the old in a luxury 14-storey structure located in North Toronto at the corner of Yonge St. and Castlefield Ave.

Madison Group and Westdale Properties have teamed up in a joint project they say pays homage to the Capitol Theatre, a building that is designated a historic structure. As such, plans submitted by Hariri Pontarini Architects and Turner Fleisher Architects, preserve the original marquee and façade at the first three floors.

“Over the last century, the Capitol Theatre has been a staple in Toronto’s entertainment scene,” says Josh Zagdanski, vice president of high rise at Madison Group. “This mid-rise project will capture the nostalgic vibrancy of years past while adding a modern twist on the original style.”

The theatre first opened in 1918 and stayed in operation until 1998 at which it was turned into an event venue. “The essence of the project comes from the grandness of life that was the Capitol Theatre in its heyday,” says Zagdanski. “It inspires the interior design and the architecture.”

Once built, there will be 145 suites with pricing starting at $1 million for a one-bedroom unit and costing upwards of $6 million for a three-bedroom plus den. At that type of cost, no expense will be spared on the interiors and the amenities, which are being designed by Toronto-based Studio Munge.

The Capitol’s amenities, says Alessandro Munge “are so much more than rooms; they are tailored experiences, original and incredibly social.” Interior amenities will include 24/7 concierge service, gym with private workout areas, a social club featuring a lounge, dining and server, a golf simulator and lounge, outdoor lounge and dining area as well as a play area for children.

As for who a typical owner might be once sales start at the end of the month, Zagdanski, says the feedback “we have been getting is people who live in the surrounding neighbourhoods who really want the chance to have urban living without all the drawbacks.

“With the amenities and size of the suites, the fact that you back on to a park. You are surrounded by neighbourhoods, but close to the urban centre and with all the shops and restaurants.
“You are in the perfect blend from our perspective of town and country. Town being restaurants, shops, amenities and transit nearby, while country being park and surrounding neighbourhoods.”

The park he refers to is currently a Green P parking lot on Castlefield Ave. and in July, North York Community Council voted to make it happen after the Madison Group and the city resolved a series of legal issues and came up with a working plan.

Labelled the Joni Mitchell Project by ward 8 councillor Mike Colle, in a letter of support for the project released in June, Eli Aaron, director of the Lytton Park Residents’ Organization, wrote that the Yonge-Eglinton Area is “park deficient and requires the addition of substantial new parkland in the coming years.

“The population of the Yonge-Eglinton Secondary Plan Area is projected to grow by by 98 per cent or 61,000 people over the next 30 years. The subject site is one of the only city-owned pieces of land, which can accommodate a sizeable new public park within walking distance of Yonge and Eglinton.”

Madison Group set to launch mixed-use GTA developments

Originally published by: Real Estate News Exchange

Madison Group plans to launch a new mixed-use Toronto condominium within weeks at the historic The Capitol Event Theatre property.

The Capitol Residences is the latest in a series of major residential-based initiatives for the firm, which plans to launch a second major development later this year and has amended its plans for a third project as it continues to expand its footprint.

Toronto-based Madison Group, which also has a New York City office, has evolved from a family business into a multi-faceted company that owns, develops and manages mixed-use high-rise projects, low-rise master-planned communities, office, retail, industrial, rental and retirement properties.

“Every decision is kind of rooted in the same philosophical goal,” Madison Group vice-president of high-rise Josh Zagdanski told RENX. “We want to be in amazing and highly desirable locations in each asset class, where we can really build a community for the residents or users.”

The Capitol Residences

Madison Group and Westdale Properties are partnering on The Capitol Residences, which will encompass 11 addresses from 2490 to 2510 Yonge St. but is focused around The Capitol Event Theatre at the corner of Castlefield Avenue.

The theatre, built in 1914 and featuring Classical Revival-style architecture that will have historical elements retained, has been used as an event venue throughout this century.

The boutique luxury mixed-use project between Eglinton and Lawrence Avenues will include 145 one-, two- and three-bedroom residences with a mix of condo units and townhomes in a 14-storey residential building that will include private terraces and oversized balconies.

The units will range from 425 to 3,000 square feet, with the majority two bedrooms or larger, and prices will start at $1 million. Sales are expected to launch in mid- to late September. The target markets are families and people who live in the surrounding neighbourhood who are looking for more carefree living, as well as luxuries and amenities.

“The units are designed for what we call up-living,” said Zagdanski. “There are outdoor spaces and larger-than-average suite sizes than you’d find in your typical condo project throughout Toronto.”

Hariri Pontarini Architects and Turner Fleischer are the architectural firms, the heritage architect is Christopher Borgal of GBCA Architects and the interior design team is from Studio Munge.

There will be retail units on Yonge Street and amenities will include: a 40,000-square-foot park; 24/7 concierge service; automated parcel storage; a golf simulator and lounge area; a gym with private workout areas; a social club with a lounge, dining and serving areas; exterior lounge and dining areas; a kids’ play area; a guest suite; and a pet spa.

Revised Eglinton and Redpath proposal

Not far away, Madison Group is also working on another multi-tower proposal. It received approval in 2018 to build a 46-storey tower with residential, retail and office uses at 150 Eglinton Ave. E. in midtown Toronto, but has since expanded its land assembly.

“The expansion of the site allowed new opportunities and we thought the appropriate thing to do would be to go back and redesign it to take advantage of all of those opportunities,” said Zagdanski.

Madison Group recently submitted new applications to the city for BDP Quadrangle-designed 46- and 43-storey towers on top of a six-storey podium with retail, traditional office and live/work office uses, as well as indoor and outdoor publicly accessible areas.

The MBTW Group is the landscape architect.

Plans are for two studios, 126 one-bedroom units, 288 one-bedroom-plus-den units, 338 two-bedroom-plus-den units and 91 three-bedroom units. There will be indoor and outdoor amenity spaces and three levels of underground parking to accommodate 304 motor vehicles and 907 bicycles.

The site is currently occupied by low- and mid-rise office and retail buildings and a surface parking lot.

“It’s pushing the project out considering it was already approved, but we thought in the interest of city-building and place-making that it was a worthwhile exercise and an opportunity that we just couldn’t pass up,” said Zagdanski.

Nobu and Alias

Madison Group and Westdale are also partners on Nobu Residences, a 47-storey twin tower development on Mercer Street in downtown Toronto where all 650 condo units are sold. The base of the two towers will retain the brick façade of the original Pilkington Glass Factory and art deco elements from the early 1900s.

The Teeple Architects-designed project will also include Canada’s first Nobu Restaurant and first Nobu Hotel. Construction is well underway and occupancy is expected in late 2022.

Zoning is complete and site plan and building permits have been submitted for Alias, a 45-storey condo with approximately 480 units at the corner of Church and Richmond Streets in downtown Toronto.

It will include one-, two- and three-bedroom units, interiors by Studio Munge, and more than 18,000 square feet of indoor and outdoor amenities.

Zagdanski said more details will be released closer to the Alias launch date, which is expected in late autumn.

Farther down the line

Madison Group has a large mixed-use project that’s in the approvals stage for a site at 50-90 Eglinton Ave. W.

Another project in the approvals stage is at 10-32 Raglan Ave., near Bathurst Street and St. Clair Avenue West.

“We have a large pipeline of projects beyond that that are either in the approvals process or in the land assembly process and we’re constantly looking to acquire sites and grow the portfolio,” said Zagdanski.

New boutique condo building is coming to the historic Capitol Theatre

Originally published by: National Post

When the Capitol Theatre at Yonge and Castlefield opened in 1918, pork-pie-hatted visitors and their flapper dates packed the place to watch Mary Pickford films and vaudeville acts. As time shot forward, silent pictures at the Capitol gave way to talkies, several decades of them, but by 1998 the Art Deco pile was primarily hosting weddings and other private functions.

“It’s a spectacular building,” says Josh Zagdanski, vice-president of high rise at Madison Group.

Together with Westdale Properties, the developer is stage-managing the landmark’s next act, its transformation into The Capitol Residences.

Suites at the 145-unit 14-storey building, which has a move-in date of July 2025, starting price of $1-million and suites go up to 3,000 square feet and up. 

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

“We do a lot of work in this area and they recognized it’s time for the building’s next iteration,” says Zagdanski. “We were honoured they came to us — it’s a really special boutique project for Midtown. One we’re extremely honoured to shepherd into its next life.”

Yonge and Eglinton has it all, notes Zagdanski. “It’s an incredible location in the heart of the Yonge north village, where you have shops and restaurants. It’s close to transportation and amenities.”

The Madison Group, a five-decade-old developer, is behind several nearby high- and low-rise office and retail spaces, rental and retirement properties, 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 Architectsalong with heritage architect Christopher Borgal, will retain the Capitol’s façade, previously designed by John MacNee Jeffrey, as well as the vestibule. The plans include a marquee and an elaborate porte cochère.

Extensive private terraces and oversized balconies, meanwhile, offer city views, says Zagdanski.

Tiered levels on the building’s east side will allow residents to bring the landscape several stories up, onto their large terraces, while those living on the west side of the property will enjoy the new 3,700-square-metre parking-lot-turned-park, says Zagdanaski.

“This is not ordinary; it’s the antithesis of a traditional project in midtown Toronto,” he says.

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

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

As for the suites themselves, “what makes them special is they are larger — they are designed for living,” says Zagdanski. “They’re all 10-foot ceilings, which is unique to any condo project.”

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

Such features are “meaningful to the people in this demographic who are transitioning out of homes that had all of those things.”

Zagdanski describes a move into the Capitol Residences as “upliving,” not downsizing.

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

If they could only find a movie house to catch a film in.

For more information, visit

Madison Group Announces The Capitol Residences: A New Era of Inspiration for Toronto’s Midtown Village

Originally published by:

Boutique residences brings new life to The Capitol Theatre through reviving its rich history with thoughtful amenities and nostalgic design

TORONTO, July 21, 2021 /CNW/ – Madison Groupa leading real estate development company with developments in Toronto and New York City, unveils details for The Capitol Residences, an iconic new building and tribute to the Toronto landmark, The Capitol Theatre. In partnership with Westdale Properties and directed by the award-winning team at Hariri Pontarini Architects & Turner Fleischer Architects, the famed Capitol Theatre will be transformed into a stunning 14-storey residence while preserving the original marquee and façade. Complete with interiors designed by Studio Munge, the stage is set to welcome a new era of inspiration to Toronto’s Midtown Village.

Located at Yonge and Castlefield, The Capitol Residences will feature 147 suites ranging from 535 to 2,165 sq. ft. and pricing starting in the $900’s. The project will pay homage to the theatre’s rich history from its 1914 debut to its last curtain call in 1998 before becoming a popular event venue. The theatre was home to spectacular screenings and shows including Annabella, Wings of the Morning, and Jane Eyre. With thoughtful amenities such as a speakeasy-inspired golf simulator and parlour as well as the resident social club, Madison Group will create a grand residence reminiscent of decadent nights out while welcoming a new era of memorable nights in.

“Over the last century, the Capitol Theatre has been a staple in Toronto’s entertainment scene and we are honoured to bring new life to this highly historic venue through the launch of its namesake residences,” says Josh Zagdanski, Vice President of High Rise at Madison Group. “This boutique project will capture the nostalgic vibrancy of years past while adding a modern take on the original style. Just as The Capitol Theatre once brought joy and entertainment to the city, The Capitol Residences will bring new liveliness to the neighbourhood.” 

The Capitol Residences Architecture:
Hariri Pontarini Architects & Turner Fleischer Architects have attentively designed a timeless piece of architecture that is eloquent and refined using a palette that ties the building both to the existing context and to the original Capital Theatre facade previously designed by John MacNee Jeffrey. The team selected a warm-coloured, sand-cast brick and light-coloured smooth stone finish for the main body of the building, seamlessly blending old and new. The rising residences will boast extensive private terraces and oversized balconies with remarkable city views. 

The tiered levels on the East side will bring in refreshing landscapes to the terraces. Mindfully considering the desire for green space in the bustling neighbourhood, the West side of the property will add new greenspace to the city with the conversion of a parking lot into a 3,700 square metre park, ensuring residents have lots of space in the city to live, work and play.

The Capitol Residences Interiors: 
Studio Munge has created an experience characteristic of theatre and film as early as the 1920s. The original art deco marquee and façade compliment an elaborate porte cochère to usher residents into a lobby conducted by The Capitol Concierge. Punctuated with whimsical custom fixtures and plush furnishings, it’s a perfect preview for guests waiting to be shown up to their homes. Featuring 10′ ceilings and handpicked finishes, every home has the best seat in the house—whether it’s a Gallery Suite, Premiere Penthouse, Marquee Suite, or an Orchestra Townhome. 

The Capitol Residences Amenities:

  • 24/7 concierge service
  • Automated parcel storage
  • Lush public park on the West side expanding over 3,700 square metres
  • Gym with private workout areas
  • Golf simulator and parlour
  • The social club featuring a lounge, dining and servery
  • Extensive outdoor lounge and dining area – including The Capitol Gardens featuring an intimate greenhouse and private seating areas
  • A curated kids play area
  • Pet spa
  • Residential guest suite

The Capitol Residences will add to Madison Group’s impressive portfolio within the Yonge- Eglinton community. For over five decades, the company has invested in the vitality of this neighbourhood through offering residential, office and retail spaces and now, residences at The Capitol—as well as their ART program which inspires locals and visitors with an illuminated walkway designed by muralist David Guinn and lighting designer Drew Billiau, Madison is building a neighbourhood that will flourish for generations to come.

For 55 years, Toronto-based Madison Group is a widely diversified real estate development company with extensive experience in creating master-planned communities, award-winning high-rise and low-rise residential projects, and a substantial portfolio of office and commercial properties in Toronto and New York City. Madison Group is defined by the talent, dedication and passion of its team; focused on setting the standard for value, design and customer satisfaction.

For more than 60 years, Westdale has owned, managed, and developed real estate across Canada. Westdale is committed to creating positive experiences for thousands of people who call their buildings home, and for those who work and shop at their properties. This commitment extends to partners, suppliers, and a team of over 200 dedicated employees. With a core business in multifamily residential real estate, Westdale has expanded to include a portfolio of retail, office, and industrial properties. Westdale is also actively involved in a number of significant urban residential developments across the country, including projects in Toronto, Calgary, and Halifax.

SOURCE Madison Group

For further information: Jessica Mallett, 647.219.2225,; Cydoney Curran, 604-313-8059,

Historic movie theatre in Toronto is transforming into condos

Originally published by

A historic Toronto movie theatre, once home to vaudeville shows and silent films, will become part of a condo development on Yonge Street.

The Capitol Theatre at 2492 Yonge St., at the corner of Yonge and Castlefield, is slated to become part of a 145-unit condo building called The Capitol from Madison Group and Westdale Properties.

The proposal for the property, which includes 11 separate addresses from 2490 to 2510 Yonge St., was updated last year with a conservation plan for the historic building. Madison Group has just released artist’s concept renderings for the exterior of the building.
The Capitol Theatre building has architectural features from the early-20th century Classical Revival style, according to a conservation plan submitted to the City of Toronto.

It was built in 1918 and underwent a notable transformation in the 1920s from a silent movie and vaudeville theatre to a venue for movies with sound.

Toronto architect Murray Brown worked the transformation. Brown is known for high-profile Toronto buildings, and he designed Famous Players theatres across Canada.
The Capitol shut its doors as a movie theatre in 1998 but was restored to its former glory and reopened as an event venue.

Plans are to retain the original marquee façade of the theatre along with the vestibule, heritage attributes of the building and the 1946-renovated canopy structure. There is a plan to rebuild the vertical marquee.
The new tower will include 145, one, two and three-bedroom residences, a mix of condo units and townhomes in a 14-storey residential building. There are to be private terraces and oversized balconies.

The project will include retail units on Yonge Street.

Amenities announced include a golf simulator and lounge area, gym and private workout area, a social club, kids play area and a pet spa.

The project is launching mid-2021 but they are taking registrations now.
Lead photo by Rendering courtesy of Madison Group.

Renderings are artist’s concept. E.& O.E. 2021.