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260 High Park Condos

260 High Park Condos is a new pre-construction condo project by Medallion Capital Group coming to 260 High Park Avenue in Toronto, ON.

260 High Park Condos Exterior Rendering True Condos

About 260 High Park Condos

From floor to ceiling, beauty is infused into every detail of 260 High Park Condos. Each suite collection has been given the utmost consideration in features and finishes. Whether your choice is a modern condominium, stylish townhome or inspired Church loft, each has been designed to offer an architecturally inviting and sophisticated lifestyle setting.

260 High Park Condos Information

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Developer Medallion Capital Group
Address 260 High Park Avenue, Toronto
Neighbourhood High Park
Number of Storeys 4
Number of Units 60
Occupancy Date Spring 2021
Maintenance Fees $0.55 per sq/ft
Priced From $729,900

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260 High Park Condos Location

260 High Park Condos will be located near the corner of High Park Avenue and Annette Street in the High Park neighbourhood of Toronto, ON.

Welcome to 260 High Park Condos, an exceptional address set in the prestigious High Park North neighbourhood. This exclusive landmark address masterfully combines the soon to be restored church with contemporary urban architecture. Select from an exquisite selection of Tribeca style lofts, modern condominiums and townhomes. The best of everything the city has to offer is just beyond your front door.

260 High Park Avenue

Walker’s Paradise

Explore Junction Area on Walk Score

260 High Park Condos Rendering True Condos
260 High Park Condos Courtyard True Condos
260 High Park Condos Aerial True Condos

About the Developer

MEDALLION CAPITAL GROUP

Medallion Capital Group is a full service real estate development and asset management firm. Founders Chris and Mike Giamou bring over 50 years of combined experience. Relying on a network of the best designers, builders, trades, and brokers, they have successfully managed residential projects across the GTA, including approximately 4,000 newly-constructed residential units, and 700,000 s.f. of commercial and retail space.

Experts at team-building, Medallion Capital Group operate under an ethos of ego-free collaboration, where fulfilling the needs of the modern customer and realizing the full potential of a development project are paramount. Medallion Capital Group is committed to transforming 260 High Park Condos into a quality boutique and highly desired residential address.

Medallion Capital Group Developer True Condos

260 High Park Condos Frequently Asked Questions

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.

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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.

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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/

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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

  1. You get the highest level of access in the building
  2. You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
  3. The best possible incentives
  4. 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.
  5. Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
  6. My services to you as a buyer are free

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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

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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.

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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.

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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:

https://truecondos.com/tag/hst-rebates/

Contact me for more details.

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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:

https://truecondos.com/5-things-to-know-about-closing-costs-when-investing-in-a-pre-construction-condo/

 

Contact me for more details

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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.

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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.

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(416) 371-2333

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