Canary House Condos
|Developer||Dundee Kilmer Developments|
|Address||Cherry Street & Front Street East, Toronto|
|Number of Storeys||13|
|Number of Units||206|
|Occupancy Date||September 2024|
|Priced From||Mid $500,000s|
|Deposit||15% Before Occupancy|
About Canary House Condos
Condominiums Coming 2021.
Canary House is the next phase of the Canary District at Front and Cherry Streets.
Reimagine city living in the heart of the downtown east.
Blurring the boundaries between inside and out, Canary House complements natural elements with contemporary design and neutral colour palettes. It all comes together to create a sense of calm in the bustling Downtown East.
Canary House Condos Location
THE HEART OF THE DOWNTOWN EAST
The Downtown East is home to iconic destinations like the St. Lawrence Market, the Distillery District and Canary District. Here you’ll find a thriving scene of independent businesses, boutique hotels and some of the city’s best greenspaces. The Downtown East has a spirit all its own, and Canary District is at its heart.
Canary District is steps from:
– 35-Acre Master Planned Community
– 18-Acre Corktown Common Park
– 504A Cherry Street Streetcar
and Future Corktown TTC Station at Your Doorstep
– Easy Access to the DVP
– The Cooper Koo Family YMCA
– Steps to Distillery District
– Over 60,000 sqft. of Retail
With its beginnings as host to the 2015 Pan/Parapan Am Games Athletes Village, the 35-acre master-planned Canary District, in the West Don Lands, is now bringing new energy and vitality to Toronto’s downtown east. Home to the 82,000 sq.ft.
Cooper Koo Family YMCA, George Brown College’s first student residence, residential buildings and the health-focused, vibrant Front Street Promenade, Canary District is an active and growing community.
Connected to the 18-acre Corktown Common park, trails, neighbouring Distillery District, Leslieville and downtown Toronto, Canary District is the perfect address to live, work, shop and play. With the new addition of Canary Block, now is the ideal time to call Canary District home.
About the Developer
A visionary urban development is coming to Toronto’s downtown east – a groundbreaking, master-planned neighbourhood with thousands of new homes, the soon-to-be-completed 18-acre Don River Park, shopping, dining, public art, sports and cultural facilities.
As a sustainable, healthy, live-work-play destination, this new urban landmark will be a celebration of art and culture, life and nature, family and community.
Canary House 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.