Fairmont Place

1 - About Fairmont Place

• Address: 2721 Victoria Park Ave, Scarborough
• Neighbourhood: L'Amoreaux, Scarborough
• Storeys: 15
• Units: 88
• Built Year: 1974
• Builder: Noldon Investments Ltd.
• Building Type: High-Rise condo
• Suite Sizes: 841 sqft - 1,193 sqft
• Average Price: $634 / sq. ft.

2 - Overview of Fairmont Place

Fairmont Place stands as a 15-storey high-rise condominium positioned at the intersection of Victoria Park Avenue and Sheppard Avenue. This purpose-built residential tower was completed in 1974 by developer Noldon Investments Ltd.

The building operates under the management of Royale Grande Property Management Ltd. and houses 88 residential units, creating a notably lower density environment compared to contemporary high-rise developments in the Greater Toronto Area.

The structure features masonry construction with solid partitions between units, providing superior sound insulation and adhering to the robust building standards characteristic of 1970s development practices.

3 - Suite Sizes & Value

Residential units within Fairmont Place span from 841 to 1,193 square feet, offering floor plans that comfortably accommodate full-sized furniture arrangements and formal dining spaces. These generous layouts provide residents with practical living spaces that prioritize functionality and comfort.

For purchasers seeking maximum square footage at accessible price points within the Scarborough market, this building presents an attractive entry opportunity. The Average Price: $634 / sq. ft. reflects competitive value positioning compared to newer developments with smaller unit sizes.

The spacious layouts are a product of their construction era, when developers emphasized living space over unit density, making Fairmont Place particularly appealing to residents who value room to spread out.

4 - Building Amenities & Features

• Heated outdoor pool
• Fitness centre
• Sauna
• Party room
• Visitor parking
• Maintenance fees include water, hydro, gas, central A/C, and cable TV

5 - Location Highlights

• Retail & Shopping: Local shopping centres are accessible within a 4-7 minute walk, while CF Fairview Mall is conveniently located a short drive away.
• Grocery: Food Basics and Hong Tai Supermarket provide nearby grocery options within a 13-minute walk from the building.
• Transit: TTC service operates directly outside the building entrance, with commuter rail and subway connections reachable within a 7-11 minute drive.
• Connectivity: Strategic positioning near Highway 401, Highway 404, and the Don Valley Parkway (DVP) ensures excellent regional connectivity.
• Local Services: Banking services including CIBC and BMO branches are conveniently located in the immediate area.
• Entertainment: Entertainment options include nearby Cineplex Cinemas Fairview Mall and cultural attractions such as the Firmament Art Museum.

6 - Lifestyle Near Fairmont Place

L'Amoreaux represents an established residential neighbourhood where daily necessities including grocery shopping and banking can be accomplished on foot. The area combines mature tree-lined streets with quiet residential character, providing respite from urban intensity while maintaining essential connectivity.

The neighbourhood serves a diverse mix of professionals and families who appreciate suburban spaciousness paired with urban accessibility. Local amenities cluster within walking distance, while regional attractions and services remain easily accessible by car.

Residents benefit from proximity to major transit networks and Ontario's primary highway system, facilitating convenient commuting throughout the Greater Toronto Area.

7 - About the Developer

Noldon Investments Ltd. operated as an active participant in Toronto's residential development sector during the 1970s construction boom. The company developed Fairmont Place in 1974 to address the growing housing demand within Scarborough's expanding L'Amoreaux community, contributing to the area's transition into a well-established residential neighbourhood.