14 Duncan Condos
About 14 Duncan Condos
A match made in heaven. Beautiful architecture. A charming location. In the centre of Toronto’s hot Entertainment District. Welcome to 14 Duncan Condos.
14 Duncan Condos Location
Situated within Toronto’s Entertainment District, 14 Duncan is located within one of the most vibrant locations in the City of Toronto. Minutes from Toronto’s cultural scene, life at 14 Duncan Condos puts you walking distance from Toronto’s best dining, theatre and shopping, culture and employment. In addition to that, there are multiple transit and car share options to allow you to commute to and from home, the office and out of town.
SURROUNDED THE BIGGEST COMPANIES IN THE WORLD
14 Duncan Condos is walkable to some of the biggest names in technology, finance, and consulting in the world, including:
- The Big 5 Banks: TD, Royal, BMO, CIBC and Scotia Bank headquarters are all walking distance from 14 Duncan Condos
- The biggest names in consulting, such as Ernest & Young, Deloitte, PwC and KPMG
- The Discovery District, home to the finest teaching and research hospitals in the city, such as Toronto General, SickKids, Princess Margaret and Mount Sinai Hospital
- Tech giants such as: Google, IBM, Amazon, Oracle, Apple and more!
STEPS TO THE PATH AND TRANSIT
Very few condos have such quick access to the path the way 263 Adelaide Condos does, with quick access to Toronto’s famed PATH network, the world’s largest underground shopping complex, with over 371,600 square meters of retail space – shops, restaurants & services, connecting you to hundreds of thousands of jobs in finance, law, technology, consulting and healthcare. You have access to a number of rapid transit options including:
- Walking distance to both the 504 King and 501 Queen Streetcars, the two most vital streetcar routes in the city, connecting you to any neighbourhood in the city
- Walking Distance to St Andrew Subway (Line 1), allowing you to go from downtown to Vaughan, and everyone in between
- Future Ontario Line rapid transit will be walking distance to 150 Pearl Condos
TORONTO’S BEST DINING
Toronto’s Entertainment District features some of the top-rated restaurants anywhere in the city, and for good reason. At 14 Duncan Condos, whatever cuisine you find yourself craving, you’ll find it nearby
- Alo (consistently rated as Toronto’s top restaurant)
- Chotto Matte
- La Carnita
- Michael’s on Simcoe
- Cactus Club Cafe
- Khao San Road
- Pizzeria Libretto
About the Developer
Greenwin is one of Canada’s largest privately-owned residential property management companies. Since 1948, our vision has been to build and manage communities that stand the test of time. At Greenwin, we treat all of our properties as though we ourselves will be sleeping in them tonight and working in them tomorrow. Likewise, we treat our colleagues, partners and customers with dignity and respect – the tone that our founding members established at the company’s inception. At our core, we are not about simply investing in creating financial value. Greenwin invests in the people and planet we serve at each and every address that bears the Greenwin logo.
14 Duncan Condos 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.