Omega on the Park, 113-117 McMahon Dr: Park Views, Shared Club

Omega on the Park is the Concord Park Place tower I show buyers who want a park in front of them rather than another tower. It is 35 storeys, finished in 2019, and it was planned from the start as the tower that looks over the community’s central park. It is not the cheapest building at Leslie and Sheppard, and the reasons why are worth understanding before you compare it to its neighbours. I’m Jatin Dua, RE/MAX Quantum Realty.

The tower that was built to face the park

Concord Park Place is a master-planned community on the former industrial lands near Leslie and Sheppard, and it was built in phases. When Concord Adex launched Omega in 2014, UrbanToronto reported it as the southeast tower of the community, sitting west of its sister tower Opus, with the two linked by an inner courtyard.

The selling point then, and now, is the park. Concord’s own project page describes an eight-acre park outside the front door, and the 2014 launch coverage said Omega residents would get unobstructed views over it. The park was still being designed at the time, with plans that included a splash pad, a skating rink, a central plaza and a connecting path.

That matters for resale. A suite that looks over protected open space holds its appeal in a way that a suite facing the next tower does not. When you tour, stand on the balcony and confirm what you are actually looking at, because not every suite in a 374-unit tower faces the park.

Suites, ceilings and finishes

UrbanToronto’s launch article described nine-foot ceilings, with structural columns tucked inside walls to keep floor space usable. Long balconies were planned to run the length of many suites. The original finish list included quartz counters, marble backsplashes, AEG and Liebherr appliances, undermount sinks and under-cabinet lighting, matched to Opus.

Those are launch specifications from 2014, and some owners will have renovated since. Use them as a guide to what the builder installed, then check the actual suite. About seven years in, appliances and flooring are where wear first shows.

Active listings at the time of writing ran from units under 500 square feet up to the 900 to 999 square foot band, so the building covers everything from a compact one-bedroom to a full two-bedroom. I could not find published parking or locker counts, so confirm in the listing and the status certificate whether a space and locker are deeded with the suite you want.

Shared amenities in a multi-tower community

Omega does not stand alone on amenities. The 2014 launch coverage said Omega residents would share club facilities with Opus, including a gym with a children’s play area, a pet spa, a dining area, courts for tennis, volleyball, badminton and basketball, bowling, a putting green and a party lounge. It also said a pool, yoga studio and spa were planned for later phases of the community.

Condos.ca currently lists a concierge, gym, party room and visitor parking for this building. That is a shorter list than the launch material, which is normal: some facilities sit in other buildings or were delivered in other phases. Tour what is actually open to Omega owners today.

When amenities are shared across corporations, there is usually a shared facilities agreement that sets out who pays for what. Ask for it with the status certificate, and look at how the shared costs show up in this corporation’s budget.

Daily life at Leslie and Sheppard

The 2014 coverage described the community as served by Bessarion and Leslie stations on Line 4 Sheppard, and noted that Concord Adex ran a shuttle bus to Fairview Mall, Bayview Village and Oriole GO. Ask the concierge whether that shuttle still runs before you count on it. The data panel on this page has the current transit picture.

The other side of this location is Highway 401. The launch article placed the amenity spaces at the south end of the building, facing the highway. That is convenient for drivers, but sound and view on the south face are different from the park side, so check which way a suite faces and visit at rush hour.

Concord Park Place is still a community in progress, with further phases and the wider Sheppard East corridor continuing to change. Expect construction somewhere nearby for years, and factor that into how you value a view.

Price per square foot, and what the fee buys

Condos.ca puts the building average at about $796 per square foot. That is a premium over several older towers along Sheppard East, and it reflects both the newer construction and the park-facing position.

The eight suites listed for sale when I checked were asking between $419,000 and $685,000. Maintenance fees across those listings ranged from about $311 to $794 a month, and the active listings averaged roughly $0.93 per square foot.

That fee level is not low for a 2019 building, but it includes heat, air conditioning and water, which many newer towers bill separately through suite meters. Compare buildings on the full monthly cost, including hydro and any parking charge, not on the fee alone. For a sharper read on recent trades, see my building sold report.

One more point on value: with 374 suites and a dozen units for sale at a time, there is usually real choice here, and comparable sales within the same tower. That makes pricing a suite easier and protects you from overpaying for a view you could have bought one floor down for less.

Building specifications

Amenities at Omega on the Park

The amenity story here is a community story. You are buying into a shared club with Opus and a large park, not a self-contained building, so tour the shared facilities and read the agreement that governs them.

Jatin’s honest take on Omega on the Park

Omega on the Park — 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.