Bloor and Royal York Condos
Bloor and Royal York Condos is a new pre construction condo development by ONE Properties, located at 3005 Bloor Street West, Toronto, ON
|Address||3005 Bloor Street West, Toronto|
About Bloor and Royal York Condos
Boutique living coming soon to Toronto’s prestigious Kingsway community. Embrace unparalleled lifestyle and amenities along a gorgeous greenbelt with the Humber River as a backdrop for mature trees, a sense of community and belonging in this adored Toronto neighborhood. This is Bloor and Royal York Condos.
Bloor and Royal York Condos Location
Nestled in The Kingsway, one of the most affluent residential neighbourhoods in Toronto, Bloor and Royal York Condos has immediate access to transit services including the nearby Royal York subway station. The location is also a major thoroughfare to and from Downtown Toronto via Bloor Street West. The site is surrounded by highly-populated, family-oriented residential communities offering its residents various options for schools, shopping, recreation and entertainment — all within walking distance.
GET TO WHERE YOU NEED TO GO
Residents of Bloor and Royal York Condos, will have a number of options in terms of getting around. All modes of transportation are possible, such as:
- The access that drivers need, with Bloor St, Gardiner Expressway and Highway 427, South Kingsway, Lakeshore Blvd, all within minutes
- Moments to Royal York Subway on TTC Line 2 (Bloor-Danforth)
- Excellent biking and walking along the trails along the Humber Valley, taking you through Toronto’s beautiful ravines as well to the waterfront
- Access to Pearson airport via Dundas West subway station connecting you to the Union Pearson Express or nearby Kipling subway station and the Rocket Airport Express Bus
INCREDIBLE LOCAL SHOPPING AND DINING
The Kingsway neighbourhood is known for its quaint yet lively commercial strip, home to festivals in the summer, as well as being in close proximity to Bloor West Village. Here’s just small sample of what’s nearby:
- Jules Cafe Patisserie
- The Dragon
- M Boutique
- Cecil Ward & Son’s Men’s Shop
- Table 21 Kitchen & Winebar
- The Coffee Bouquets and the list goes on!
EMBRACE THE GREAT OUTDOORS
One of the best features about living in The Kingsway neighborhood are the awesome outdoor amenities that residents of Bloor and Royal York Condos residents will have access to, including:
- Lambton Golf & Country Club
- York Old Mill Tennis Club
- Humber River Recreational Trail
- King’s Mill Park
- Tom Riley Park
- Islington Golf Club
- Waterfront Trail
- Memorial Pool and Health Club and more!
About the Developer
About ONE Properties
Since 1987, our goal has been simple, yet powerful – to focus our efforts on real estate that makes a difference in peoples’ lives. When you do business with ONE, whether you’re a tenant, investor, partner, or contractor, you become one with an organization of people connected by a common vision for excellence. ONE is focused on creating value through the strategic acquisition, development and management of retail, office, industrial, residential and mixed-use properties in progressive markets. Our partners and clients expect the very best from us and we strive to exceed those expectations every day. As we continue to expand and explore new opportunities, remaining true to our core values will be fundamental in realizing the exciting vision that is ONE. We are ONE. We make life better.
Bloor and Royal York 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.