3
Minutes to VMC Subway
1
Minute to Hwy 400 or 407 ETR
6 Min
Minutes to York University
40 Min
Minutes to Union Station
GRAND Festival Condos Specs |
|
|---|---|
| Number of Storeys | 47 & 61 |
| Total Number of Suites | 1200 |
| Floor Plans | |
| Suite Size Range | |
| Parking Price | $72,000 |
| Locker Price | |
| Developers | Menkes & QualReal |
| Arcitects | IBI Group |
| Interior Designer | Cecconi Simone |
| Sales & Marketing | Cornerstone Marketing Realty |
| Amenities | |
Maintenance Fees |
|
| Est. Maintenance | |
| Locker Maintenance | |
| Parking Maintenance | |
| Est. Property Tax | |
Important Dates |
|
|---|---|
| Est. Occupancy | Q1 2025 |
| VIP Launch | Mar 27, 2021 |
Deposit Structure |
|
| Total Min. Deposit | 20% |
| Deposit Notes |
$5,000 Certified Funds upon Signing Balance to 5% in 30 days 2.5% in 90 days 2.5% in 180 days 2.5% in 370 days 2.5% in 540 days 2.5% in 720 days 2.5% in 870 days 1% on Occupancy |
| Development Caps |
$6,500+HST (1 Bed+ Den & Smaller) $9,000+HST (2 Bed & Larger) |
| Assignment Policy |
Neighborhood vacancy rates below 1% with less than 18 days on market.
Rental rates appreciated an average more than 8% year-over-year (Source – Toronto Real Estate Board)
1 Bedroom- $1600- $2800 1 Bedroom + Den- $2300- $2800 2 Bedrooms- $2500-$3100 2 Bedrooms + Den – $2880-3900 2 Bedrooms + Den – $2880-3900
With 65 years of experience, this family-run real estate company comes with a highly reputable name in the industry. They strive to create high-quality homes, condos, and industrial spaces and have earned countless awards and accolades along the way.
MENKES - Builder
Headquartered in Vancouver, Canada, QuadReal Property Group is a global real estate investment, operating and development company. QuadReal manages the real estate and mortgage programs of BCI, one of Canada’s largest asset managers with a $171.3 billion portfolio.
QuadReal - Builder
By registering here today, you will have an opportunity to invest in a unit at the lowest price possible before it is open to the public. This will give you Guaranteed First Access to inventory, best pick at unit levels, floor plans, lowest prices guaranteed and Platinum Access Incentives & Promotions.
Lisa Tran - Real-Estate Broker