Ancona Park Urban Towns
Ancona Park Urban Towns is a pre-construction townhouse development by Vermilion Developments coming to 240 Finch Avenue West in Toronto, ON.
About Ancona Park Urban Towns
Ancona Park Urban Towns’ remarkable design of full glass walls gives your home the impression of bright summer lake house. The extension of huge terrace and rooftop doubles the size of your home; the plenty outdoor space will be the star feature of your gatherings.
19 units in different size and arrangement cater to all needs, parking is included with every unit. Register now for this rare find!
Ancona Park Urban Towns Details
|Address||240 Finch Avenue West in Toronto|
|Number of Storeys||TBA|
|Number of Units||19|
Ancona Park Urban Towns Location
Ancona Park Urban Towns is coming to Yonge and Bathurst. Taking dream home to the next level, this extraordinary townhouse neighbourhood sits at North York’s central location.
Minutes away from Yonge street, artery street of the city, Ancona Park takes full benefit of the convenient with excellent transit score. Buses to York University and Finch Station stop at your door front; minutes’ drive on HWY 401 commute you to everywhere of Toronto. With Yonge, Bathurst and Finch sitting at your doorstep, hassle-free traffic is on demand, the best combination of quiet and urban living.
Shopping, dining, recreation, green parks, transit and more are within close proximity, every family member will be satisfied by the well-established neighborhood. 100 score of the accessibility to parks, restaurants, bars and coffee store and other everyday needs, just at your steps.
Ancona Park Urban Towns Features and Finishes
A visual elegance of a contemporary exterior and lighthearted accents, Ancona Park Urban Towns’ remarkable design of full glass windows, high ceilings, open-concept living area that give your home the impression of bright summer suburban living in an urban area. Varies of forms of layout offer multiple function to meet needs of different families.
The extension of huge terrace and private rooftop, the plenty outdoor space will be the star feature of your gatherings. Each family night and stunning morning, that’s a quiet moment in your own luxury of space and time.
Stunning Glass Walls
About the Developer
Vermilion Developments is the Canada division of Shiyang Group, a TARION registered builder in Ontario. In 2015, Shiyang Group established the first oversea division-Vermilion Development Group in Ontario, Canada, as the primary serve in global development.
As the newest member of Shiyang business alliance, powered by the advanced management business system and well-established intelligent team from HuibangDevelopments, Vermilion is determined to infuse fresh energy into Ontario’s real estatemarket.
Ancona Park Urban Towns 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.
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.