Artlife Condos on O’Connor
Artlife Condos is a new condo in Toronto developed by Artlife Developments currently in pre-construction at 1861 O’Connor Drive, Toronto, ON.
| Address | 1861 O’Connor Drive, Toronto | ||
| Developer | Artlife Developments | Occupancy | TBA |
| Area | East York | Deposit | TBA |
| Storeys | 9 | Maint. Fees | TBA |
| Units | 252 | Prices | TBA |
About Artlife on O’Conner Condos
Follow your Bliss to The Next Big Thing
A better way to live is coming to the Golden Mile. Artlife On O’Connor is a mesmerizing 9 story condominium residence that brings invigorating spirit and sophistication to Toronto’s next up and coming developing area.
Artlife on O’Conner Condos Location
THE TRANSIT CONNECTION YOU’VE BEEN WAITING FOR
At Artlife on O’Conner Condos, the city is yours to discover. The Eglinton Crosstown LRT will bring fast, reliable and convenient transit service to passengers across Toronto. It will carry many more passengers and be up to 60 percent faster than the existing bus service on Eglinton Avenue, moving people across the city more quickly with multiple connections to the Line 1 (Toronto’s most used transit line) as well as Line 2, as well as two GO transit lines, taking you Union Station, the outer reaches of the GTA, and everywhere in between!
EXPLORE THE GREENERY OF THE GOLDEN MILE
This once quaint farming township will soon become Toronto’s next great neighbourhood for revitalization and sophisticated urban living. Already in place and enjoyed by residents near and far are a number of parks such as:
Astonbee Reservoir Park, the penultimate space for a sports and outdoor activities.
Wexford Park, with its popular kids playground, as well as ample space of picnics and other family activities.
Jonesville Allotment Gardens, a unique arrangement for those in the city that wish to garden, offering garden plots for planting fruits to vegetables to flowers and more!
SHOPPING AND DINING
Artlife on O’Conner Condos sits among some of the city’s most popular shops and malls, with every store you can possibly imagine, from big box retailers to small, independent community shops including:
- Eglinton Square Shopping Center
- Eglinton Town Center
- Smart Centres Scarborough West
- Merchant Flea Market
Once you get tired of shopping, relax, unwind and chow down on the a wide array of dining options nearby Artlife on O’Conner Condos. From trendy bars, cute cafes and international restaurants that range from casual to fine dining reflecting the rich diversity of Toronto. Highlights include:
- Tim Horton’s
- Frog and the Crown Restaurant & Bar
- Subway
- Thai Viet Kitchen
- Ruby’s Mediterranean Cuisine
- McDonald’s
- and many more!
1861 O'Connor Drive
Very Walkable
Artlife on O’Conner Condos Amenities
Artlife on O’Connor offers a myriad of awesome amenities to complement any lifestyle:
- Fitness Centre
- Stylish Lobby
- Grand Fireplace
- Party Room
- 24 Hour Concierge Service
Artlife Condos on O’Connor 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:
https://truecondos.com/tag/hst-rebates/
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.
