Bloor and Dufferin Condos
Bloor and Dufferin Condos is a new pre-construction condo project by Capital Developments and Metropia coming to 1131 Bloor Street West in Toronto, ON.
About Bloor and Dufferin Condos
The vision for Bloor and Dufferin Condos is a truly mixed-use community.
New office, retail and residential space alongside new public areas and parkland will infuse the existing fabric of the neighbourhood with a new energy and limitless opportunities.
Bloor and Dufferin Condos Information
|Developer||Metropia and Capital Developments|
|Address||1131 Bloor Street West, Toronto, ON|
|Number of Storeys||TBA|
|Number of Units||2219|
Bloor and Dufferin Condos Location
Bloor and Dufferin Condos will be located at 1131 Bloor Street West in Bloordale Village, just west of Dufferin Street in Toronto, ON.
Shops, restaurants, and all your essential needs are only steps away.
From the new streets to the park and plaza (POPS), the new vision for Bloor & Dufferin Condos aims to prioritize public space. But perhaps no space better exemplifies our community-oriented vision quite like the new Community Hub being proposed within the Kent School.
The fully accessible Community Hub may house any number of creative spaces, including but not limited to studios for artists and performers, galleries and event spaces, or creative entrepreneurial spaces. While our team isn’t responsible for the design and programming of this space, we will continue to work with the City as they work with the community to determine what this space should become.
We have been told that the City of Toronto’s Social Development, Finance and Administration department will be planning a community meeting sometime following the municipal election on October 22nd 2018 to discuss the next steps for the Community Hub. For more information about the hub programming process and how you can get involved, please contact Kelly Murphy from SDFA.
The new daycare will be incorporated into the existing architecture of the Kent School with the goal to create a best-in-class daycare in Toronto. From tall ceilings, to dedicated outdoor spaces for children of different age groups, this daycare will reflect our goal to deliver spaces the community can be proud of.
About the Developer
Metropia is a privately owned and highly respected real estate developer creating authentic communities in both the Greater Toronto Area and Calgary. Metropia focuses on community building, urban renewal and design innovation. Our communities offer a wide range of housing options with an emphasis on affordability and an abiding responsibility to the environment.
With a long list of design-forward iconic developments across Canada, the international beginnings of CD tell the full story. Founded by Todd Cowan and Jordan Dermer after a lengthy development career across Europe.
Today Capital Developments is building on that history of success. Along with its partners, CD has embarked on a number of exciting new residential and retail projects in Toronto and Montreal where it is involved in the development of over 2,000 condominium units with complementary retail.
Bloor and Dufferin 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:
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.