Crosstown Condos Investment Review by Yossi Kaplan, MBA
Looking to invest in Crosstown Condos? Watch my video and learn about the project, what to invest in, and what not to buy at Crosstown Condos.
Investing in Toronto Real Estate?
Call Yossi Kaplan, MBA
https://YossiKaplan.com/
https://urbanrealtytoronto.com/
Tel (416) 993-7653
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Frequently Asked Questions
About the Project:
Located on the northwest corner of Don Mills Rd & Eglinton Ave. This 64 acre multi-phase residential and commercial development will consist of high-rise towers, mid-rise towers, stacked townhomes, and rear lane townhomes. Phase 1 sits on the most westerly point of the site and consists of two residential condominiums (a 32 storey tower and a 39 storey tower which includes a 4 storey podium)
Total of 687 residential condominium units
Total of 3 levels of underground parking and 4 elevators in each tower
Lockers are $5000 each
Parking is included for all suites 1+den and larger. For 1 bdrm suites parking is $50,000 each
Electric Vehicle Parking $57,000 (or an additional $7000 for suites that are 1+den and larger)
Ceiling heights – 9’ in the tower (excluding bulkheads)
Architect: Core Architects
Interior Designer: MNID
Landscaper: The MBTW Group
Floor premium - $1000 per floor (exceptions may apply)
Maintenance fees – approx. $0.55/sf includes bulk internet (hydro, water, energy and gas (if
applicable) consumption are separately metered), $50/mth for parking, $20/mth for locker
Critical Dates:
Tentative Construction Start: Fall 2020
First Tentative Occupancy Date: Nov 2023
Outside Occupancy Date: Nov 2025
Amenities:
24 hour concierge, dog wash station, lounge(s), meeting room, games room, gym, yoga studio, party room, dining room, bar, and outdoor terrace
of guest suites - 6
Property Management – Forest Hill Kipling a Division of Kipling Residential Mgmt Inc
Deposit Structure:
Canadian Resident: (total of 25% of the Purchase Price)
5% with offer
5% in 60 days
5% in 365 days
5% in 540 days
5% on occupancy
Foreign Purchaser: (total of 35% of the Purchase Price)
10% with offer
10% in 60 days
5% in 365 days
5% in 540 days
5% on occupancy
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Buying, Selling or Assigning?
Call Toronto's Real Estate investing Expert:
Yossi Kaplan, MBA
https://YossiKaplan.com/
Tel (416) 993-7653
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Introducing Crosstown, Toronto's most aspiring new mixed use development set of mixed development.
Toronto's new metro links transportation system created on a grand scale. This New Vision for Toronto, will span 60 acres and connect the largest natural park system and the new Eglinton Light Rail Transit to everything that makes Toronto great.
Curated by the extensive team of architects, designers, and the visionaries at Aspen Ridge helps.
The master plan encompasses 16 contemporary condominium buildings, 13 blocks of town, home buildings, 700,000 square feet of office, retail space, restaurants and cafes.
More than five acres of new parks and a hundred thousand square foot community center. Live, work, play, thrive. Your first opportunity to invest in cross town will be One Crosstown. Two gleaming towers of steel, glass and concrete.
They merge from the historic silhouette of the podium designed by John B. Parkin, Canada's foremost architect of mid-century modern architecture opportunity favors the bold be the first to own at One Crosstown.
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