Bloor and Dundas Condos
Bloor and Dundas Condos is a new pre-construction condo development by Choice Properties REIT coming to 2280 Dundas Street West in Toronto’s Junction neighbourhood.
About Bloor and Dundas Condos
With Bloor and Dundas Condos, Choice Properties REIT will be taking the neighbourhood you’ve always loved and is transforming it into a community of connections that knits together the established surrounding neighbourhoods.
Building a mixed-use development at the centre of a transit node will bring in a new workforce that will support schools, shops and local businesses while pedestrian and cycle friendly pathways will allow greater access to the places you need to go.
Bloor and Dundas Condos provides opportunities for diverse housing, a decreased environmental footprint, and an increased sense of community for improved quality of life today and tomorrow.
Bloor and Dundas Condos Details
Developer | Choice-Properties-REIT |
Address | 2280 Dundas Street West, Toronto |
Neighbourhood | The Junction |
Number of Storeys | 42 |
Number of Units | 2606 |
Occupancy Date | TBA |
Maintenance Fees | TBA |
Priced From | TBA |
Bloor and Dundas Condos Location
Bloor and Dundas Condos will be located on the south east corner of the vibrant Dundas St. W and Bloor St. W intersection.
Built in 1962, this neighbourhood retail centre occupies approximately 10 acres south of the Bishop Marrocco/Thomas Merton Catholic Secondary School and Regional Arts Centre.
Currently the retail centre is anchored by a Loblaws grocery store. Other tenants include: LCBO,
Kal-Tire, and Coffee Time
The site is within the Dundas West-Bloor Mobility Hub.
Bloor and Dundas Condos will be steps from the TTC’s subway line 2, 504, 505 and 506 street cars, the 30, 40 and 41 buses, the Bloor GO station and one of only two UP Express stations between Union Station and Pearson International Airport.
The site is only two kilometers from the nearest highway, the Gardiner Expressway, providing driving commuters access to various destinations further afield.
Located in the vibrant Bloor/Dundas area servicing eclectic, growing and sought-after neighbourhoods including the Junction Triangle to the north, Bloordale to the east, High Park to the west and Roncesvalles Village to the south.
About the Developer
Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties’ portfolio spans approximately 66.8 million square feet of gross leasable area and consists of 751 properties primarily focused on supermarket-anchored shopping centres and stand-alone supermarkets. Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through accretive acquisitions, strategic development and active property management. Choice Properties’ principal tenant is Loblaw Companies Limited, Canada’s largest retailer. Choice Properties’ strong alliance with Loblaw positions it well for future growth.
Bloor and Dundas 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.
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.