1 Jarvis Condos Hamilton
|Address||1 Jarvis Street, Hamilton|
|Number of Storeys||15|
|Number of Units||354|
|Occupancy Date||January 2024|
|Maintenance Fees||$0.56 psf / m|
|Priced From||Mid $300,000s|
About 1 Jarvis Condos Hamilton
Hamilton is embarking on the most significant transformation seen in our time. 1 Jarvis is located in the most ideal location to capture it all. The 15-storey condominium takes inspiration from its city’s past with a brick podium and propels it into the future with a sleek, urban expression—creating Hamilton’s most innovative, design-forward building yet.
Envisioned by Studio JCI, the community will be home to remarkable amenities, including a fitness centre and co-working lounge, and it is to also feature a retail space at its base. Each suite will have a private balcony from which residents can take in incredible views of their neighbourhood. Community feel combined with the excitement of city life.
1 Jarvis Condos Hamilton Location
1 Jarvis Street Condos will be located in downtown Hamilton just north of King Street East, just west of Wellington Street North.
Hamilton is Transforming
A revolution in the city’s dynamics powered by $640 million in investments will add to Hamilton’s existing natural attractions, including waterfalls, parks, and conservation areas, ideal spots for canoeing, hiking, or simply relaxing in the outdoors. 1 Jarvis is at the heart of this mix of cherished tradition and bold modernism, immersed in more parks, more bike paths and more people-centred spaces. Come home to a distinct hometown feeling with big-city amenities.
Investment in Digital Infrastructure
A Bell investment of $400 million will be the largest digital infrastructure investment in the city’s history. Approximately 200,000 homes and business locations will be upgraded to data speeds up to 1.5 gigabits per second.
An Exciting Future for the Waterfront
The sweeping water views and relaxing green spaces of Hamilton’s West Harbour will reach all their potential with a $140 million redevelopment project. With more parks, more bike paths, more boardwalks, and more people-centred spaces, the Harbour will be transformed into a vibrant, pedestrian-friendly community. Residents and visitors will have access to the water’s edge and plenty of space for a variety of activities, from picnicking to roller and ice skating to strolling along the trails. This new lifestyle waterfront will also be home to a vibrant commercial village and a public piazza at the foot of James Street North, a flourishing boulevard full of galleries, stores, and restaurants.
A Historic Investment in Downtown Hamilton
Less than a fifteen-minute walk from 1 Jarvis is the $500 million investment into a new Entertainment Hub and the revitalization of existing venues, namely the FirstOntario Concert Hall, already known for its spectacular acoustics, the FirstOntario Centre, one of North America’s premier entertainment venues, and the Hamilton Convention Centre, one of Canada’s first full-service convention and events facilities.
The world of fine arts will also be in full bloom with the modernization of the Art Gallery of Hamilton, home to a permanent collection of more than 10,000 works.
Connected to Everything
Easy connections are right around the corner from 1 Jarvis. Highway 403 and QEW lead you to Toronto and the rest of the GTA, while the Lincoln M. Alexander and Red Hill Valley Parkways offer easy travels within the city. There are also GO Stations all within a short walk from home, such as West Harbour and Hamilton Station. The HSR bus stop is only a two-minute walk away and Sobi bikes can be found nestled in pockets around the community.
Home to First Class Education Institutions
McMaster University is ranked 4th in Canada and 69th in the world, it’s one of only four Canadian universities consistently ranked in the world’s top 100. The university has a proud tradition of academic and research excellence, and its ranks include three Nobel Prize winners.
McMaster University offers a full range of academic disciplines, from Engineering to Health Sciences to Humanities to Social Sciences. Its School of Medicine has major programs in undergraduate, postgraduate, and graduate medical education, while the DeGroote School of Business offers a complete MBA program. McMaster’s diverse, lively atmosphere is home to more than 30,000 students, representing 120 countries. The beautifully green campus is on 300 acres of scenic property, less than a 10-minute drive to the downtown core and 1 Jarvis.
Mohawk College is a leader in health and technology education, Mohawk is also one of the largest trainers of apprentices in Ontario, and it’s among the top 10 colleges in Canada for applied research. The institution offers more than 150 programs, including award-winning collaborative degree programs with McMaster University. Mohawk is home to more than 32,500 full-time, part-time, apprenticeship and international students at three main campuses, all a short drive away from the downtown core and 1 Jarvis.
About the Developer
GTA with a focus on developing high-rise residential buildings. Our current development portfolio consists of over 3,000 residences representing over $1.8 billion of development value.
Believing exceptional design is the difference between a space that feels right and one that provides no connection, there is an unwavering commitment to obsess about the design of every space within an EMBLEM project from the inside to the outside. The EMBLEM team is led by founder and Canadian businessman, Kash Pashootan, and comprises experienced professionals in Construction, Development and Finance who are able to execute the EMBLEM vision from theory to final product.
1 Jarvis Condos Hamilton FAQs
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.