The Memphis

1 - About The Memphis

• Address: 942 Yonge St, Toronto
• Neighbourhood: Annex, Midtown | Central, Toronto
• Storeys: 13
• Units: 268
• Built: 1992
• Developer: Menkes Developments
• Type: High-Rise condo
• Size: 441 sqft - 2085 sqft
• Average Price: $915 / sq. ft.

2 - Overview of The Memphis

Completed in 1992, The Memphis stands as a residential landmark at the intersection of Yorkville and Rosedale. This 13-storey building maintains an intimate presence along Yonge Street, offering a more human scale compared to the towering glass developments that have emerged further south of Bloor.

Page + Steele and IBI Group Architects crafted the building's distinctive stone and glass façade, featuring a signature stepped western elevation. This thoughtful architectural approach creates unique terrace opportunities that distinguish it from contemporary linear developments. The building showcases a sophisticated hotel-style lobby with ground-floor retail integration along the bustling Yonge Street corridor.

Housing 268 residential units, The Memphis provides residents with immediate access to local services, professional property management, and the vibrant street-level energy of one of Toronto's most dynamic neighbourhoods.

3 - Suite Sizes & Value

The Memphis offers thoughtfully designed floor plans ranging from efficient 441 sqft studios to expansive 2,085 sqft configurations. These layouts emphasize practical living with open-concept designs that maximize space and natural light.

Suites feature strategic window placement providing either cityscape views or peaceful Rosedale vistas. Select floor plans include coveted private western-facing terraces, a rare amenity in this dense urban corridor.

With an Average Price: $915 / sq. ft., The Memphis delivers exceptional value in the Yorkville-Annex market. Residents receive significantly more square footage compared to newer developments in the area, making it an attractive entry point for buyers seeking generous living spaces in a prime location.

4 - Building Amenities & Features

• 24-hour Concierge: Professional front desk service providing security and resident assistance
• Fitness Centre: Well-equipped exercise facility for residents
• Party Room: Dedicated entertaining space for social gatherings and events
• Sauna: Relaxation facility for resident wellness
• Rooftop Terrace: Elevated outdoor space offering panoramic views of Midtown Toronto
• Visitor Parking: Convenient on-site parking for guests
• Ground-floor Retail: Direct access to shops and services along Yonge Street

5 - Location Highlights

• Transit Connectivity: Prime location within walking distance of Bloor-Yonge and Rosedale stations, connecting residents to Line 1, Line 2, and the PATH network
• Parks & Recreation: Easy access to Ramsden Park, the extensive Rosedale Valley trail system, Frank Stollery Parkette, and Jesse Ketchum Park
• Culture & Services: Steps from the renowned Toronto Reference Library and the upscale shopping district of Yorkville
• Education & Professional Institutions: Convenient proximity to Jesse Ketchum Junior and Senior Public School and the College of Nurses of Ontario

6 - Lifestyle Near The Memphis

The Memphis serves as a perfect bridge between the commercial energy of Bay/Bloor and the tranquil residential charm of Rosedale's tree-lined streets. The building has cultivated a stable community of long-term owners and families who appreciate the neighbourhood's low-rise character and close-knit atmosphere.

Residents enjoy exceptional walkability with immediate access to urban conveniences, cultural attractions, and natural green spaces. The location provides a peaceful residential sanctuary within one of Toronto's most vibrant and well-connected corridors, offering the best of both urban sophistication and neighbourhood tranquility.

7 - About the Developer

Menkes Developments brought The Memphis to life as part of their distinguished 1990s residential portfolio. Known for their commitment to functional design and structural excellence, Menkes has built a reputation for creating enduring residential communities throughout the Greater Toronto Area.

For this project, Menkes collaborated with the acclaimed architectural partnership of Page + Steele and IBI Group, combining their development expertise with world-class design to create a building that has stood the test of time in one of Toronto's most desirable neighbourhoods.