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The Agency Brings 49 New Condos to Market in Pasadena’s Playhouse Village

Дата публикации: 17-08-2026 16:00:00

An exciting moment for Pasadena’s condo market has arrived with The Madison, a striking 49-residence condominium development at 127 N Madison Avenue in the heart of the city’s Playhouse Village. Developed by Toledo Homes and represented by Gus Ruelas, Managing Partner of The Agency Pasadena, The Madison offers residences ranging from 1,036 to 1,856 square […]
The post The Agency Brings 49 New Condos to Market in Pasadena’s Playhouse Village appeared first on The Agency Journal.


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An exciting moment for Pasadena’s condo market has arrived with The Madison, a striking 49-residence condominium development at 127 N Madison Avenue in the heart of the city’s Playhouse Village.

Developed by Toledo Homes and represented by Gus Ruelas, Managing Partner of The Agency Pasadena, The Madison offers residences ranging from 1,036 to 1,856 square feet, with pricing from $1.5M to $2.7M.

Pasadena’s condo pipeline has been slim in recent years, with most new listings trickling out in small batches of two to a dozen residences at a time. The Madison’s 49-residence release stands out as one of the largest single condo launches the market has seen recently, arriving in one of the city’s most storied neighborhoods.

“Pasadena hasn’t seen a release of this scale in a long time, and that scarcity is exactly what makes The Madison such a significant moment for the local market,” said Gus Ruelas, Managing Partner of The Agency Pasadena. “What sets Toledo Homes apart is that they’re not an outside developer parachuting in; they’ve spent two decades building in this community, and it shows in how thoughtfully this project was planned. Buyers who’ve been waiting for real inventory at this price point finally have somewhere to look, in a building that actually understands the neighborhood it’s part of.”

Living room (rendering) Kitchen (rendering)

A defining presence in Pasadena’s historic Playhouse Village, The Madison honors the neighborhood’s architectural heritage through a sophisticated contemporary lens. Refined materials, thoughtfully curated interiors, and elevated finishes create an atmosphere of understated luxury and offer effortless livability.

Primary bedroom and ensuite (rendering)

The building is centered around a lush open-air courtyard and complemented by rooftop amenities with sweeping city and mountain views, including an amphitheater, a putting green, steam closets, secure underground parking, and dedicated storage space.

The Madison courtyard (rendering)

“These are the kinds of amenities you’d expect in a much larger city,” Ruelas said. “It’s resort living, but you’re still steps from the Playhouse District’s restaurants, theaters, and shops.”

For more information, visit TheMadisonPasadena.com and to schedule a tour, contact Gus Ruelas. 

All renderings courtesy of GraFFiti Creative Milano

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