M2M Condos, Olympic Garden Dr: Phase One of a Yonge & Cummer Plan

M2M is the biggest new condo address north of Finch on Yonge, and phase one is the part you can actually buy and live in today. It is two towers on one podium with roughly 800 suites, built on the old Newtonbrook Plaza, and it is the start of a larger master plan rather than a finished place. That is the opportunity and the risk in one sentence. I’m Jatin Dua, RE/MAX Quantum Realty.

From Newtonbrook Plaza to a five-building plan

M2M sits on the site of the old Newtonbrook Plaza at Yonge and Cummer, just north of Finch station. UrbanToronto reported that site preparation began in mid-2019 with the demolition of an 11-storey office building and the southern part of the plaza.

The full plan is five buildings. Phase one, the part covered here, is two towers of 34 and 36 storeys joined by a shared base, with about 810 condos above a retail podium and a four-level underground garage. The remaining three buildings to the north form a second phase, marketed as M2M Squared.

That matters to you as an owner. A second phase means years of construction next door, and it can change the views from north-facing suites. Ask which suites face the phase two lands before you buy one with a view you like.

The community centre in the podium

The unusual feature of M2M is a City of Toronto community recreation centre built into the base of the community. Ward 18 councillor Lily Cheng’s updates describe the Newtonbrook Community Recreation Centre as a two-storey facility of about 46,000 square feet, with a gymnasium, a large multi-purpose space, a running track and a community kitchen.

The timing has moved. UrbanToronto’s 2021 coverage said the centre was slated to open in 2026; the councillor’s update gave an expected opening in 2027. Check the current status with the City before you count it as part of your daily routine.

A public facility at the base of a condo is a real amenity for families, but it also brings public traffic to the site. Ask how entrances, parking and loading are separated between the condo, the retail and the City facility.

Suites and who they suit

Condos.ca gives a suite range of about 424 to 1,255 square feet. The active listings when I checked were concentrated between 500 and 799 square feet, which is the one-bedroom, one-plus-den and compact two-bedroom range that dominates new towers on Yonge.

At about 809 suites across two towers, this is a large building by any measure. Expect busy elevators at peak hours and a steady stream of move-ins and deliveries, especially while the building is new. With 17 suites for sale and 12 for rent when I checked, you will have real choice.

I could not find published ceiling heights or confirmed parking and locker counts for phase one. Check the floor plan and the status certificate for the suite you want.

Supply is the other side of choice. When a building this large has many similar one-bedrooms listed at once, they compete with each other, and that can hold prices back when you come to sell. Corner suites, two-bedrooms with a proper second bedroom, and units with unobstructed views tend to stand out from the crowd, so weigh layout and exposure more heavily here than you might in a small building.

Daily life at Yonge and Cummer

UrbanToronto placed M2M in the high-rise corridor running north from North York Centre, just north of Finch station on Line 1. For a commuter, that is the main reason to be here. The data panel on this page has the transit and walking details.

Yonge north of Finch is changing fast, with older plazas and low-rise retail being replaced by towers. That brings more shops and services over time, but also more construction and traffic along the corridor for years.

The building’s own retail podium should eventually add day-to-day shopping at your door. Ask which units are leased and what is open today, because new podium retail often takes a while to fill.

The scale cuts both ways on the street, too. Two towers, a retail podium and a public recreation centre on one block mean more people, more cars and more deliveries than the old plaza ever had. If you are sensitive to noise, visit on a weekday evening and a Saturday, and look at which side of the towers faces the loading areas and the garage entrance.

What it costs and what the fee covers

Condos.ca does not publish an average price per square foot for M2M, so I would not lean on a single number. The eight active listings I looked at were asking between $449,900 and $695,000, which puts most suites in the price range of a new Yonge corridor one- or two-bedroom.

Maintenance fees across those listings ranged from about $405 to $638 a month, averaging roughly $0.79 per square foot. That is moderate for a new tower with a large amenity package, partly because the costs are spread across so many suites.

Condos.ca does not list what the fee includes. In many recent towers, heat, cooling and water are metered per suite, so get the inclusions and the utility arrangements in writing before you compare M2M with an older building. Ask the seller for actual utility bills from the last winter and summer so you can add them to the fee for a true monthly number. For recent trades in the building, see my building sold report.

Building specifications

Amenities at M2M Condos

Condos.ca lists only a concierge and gym for phase one, which may be incomplete for a project this size. Tour the amenity floors yourself, and do not rely on the phase two marketing, which describes a separate building.

Jatin’s honest take on M2M Condos

M2M Condos — frequently asked questions

Looking at Willowdale, Yonge & Sheppard, Bayview Village and North York Centre more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.