77 Leland Condos
|Developer||Creek Village Inc.||Number of Units||124|
|Address||77 Leland Street||Occupancy Date||Aug 2020|
|Area||Hamilton||Maint. Fees||$0.46 psf/m|
|Number of Storeys||5||Priced From||$275,000 – $304,000|
77 Leland Condos is a new condo in Hamilton developed by Creek Village Inc. currently in pre-construction at 77 Leland Street in Hamilton, ON.
About 77 Leland Condos
Inspired by the history of the nearby Hamilton-Brantford Rail Trail, the design and landscaping of 77 Leland Condos incorporates elements reminiscent of locomotive elements.
77 Leland Condos is a mid-rise residential building that is 5 storeys in height and contains 124 units ranging from bachelor suites to 1, and 2 bedroom suites with a total of 129 beds.
77 Leland Condos Location
77 Leland Condos is located just south of Main Street West at 77 Leland Street, in Hamilton, Ontario, Canada. Nearby 77 Leland Condos is McMaster University’s Campus and all the shops and restaurants Main Street West has to offer.
Living at 77 Leland Condos, you can get on the Alexander Graham Bell Parkway (Highway 403) in less than 5 minutes connecting you to Burlington, Oakville, Mississauga, and Toronto.
In an established neighbourhood near the Dundas Valley, trails and amenities, 77 Leland Condos is conveniently located a 5-minute walk from McMaster, alongside the Rail Trail, and offers easy access to trendy Downtown Hamilton and highways. Inspired suite designs and a remarkable location earn 77 Leland Condos top marks for luxury living in Hamilton.
Nearby 77 Leland Condos
• McMaster University
• Shoppers Drug Mart
• Tim Hortons
• Emerson 109
77 Leland Condos Features and Finishes
Coming to Hamilton in Fall 2020, 77 Leland Condos are new, fully furnished condo-style suites suitable for young professionalls. Suites range from studio to 2-bedrooms with the sleek high-end features certain to attract international and local students from McMaster University.
• Spacious Bachelor, Bachelor + Den, One + Den and 2 Bedroom Suites
• Stainless Steele Energy Star Appliances
• Night-time security at 77 Leland Condos
• On-site laundry
• Professional landscaping & snow removal
• 24/7 on-call emergency maintenance services
• High End LED Light Fixtures
• Designer selected High-quality finishes in all 77 Leland Condos
• On-site tenant parking at 77 Leland Condos
• Visitor parking
• Wide plank laminated wood flooring in kitchen, living room and bedrooms
• Porcelain tiles in bathrooms, main-entry and laundry room
• Daily cleaning of all public areas around 77 Leland Condos
• Location just steps away from many amenities
• Convenient access to bus routes & future LRT
77 Leland 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.