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Canyon Hill Towns

Canyon Hill Towns True Condos

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Canyon Hill Towns are new townhomes in Toronto developed by Treasure Hill currently in pre-construction located at 11000 Yonge Street, Richmond Hill, ON.

Canyon Hill Towns True Condos

About Canyon Hill Towns

A new standard of living at Canyon Hill Towns.

Located in the charming town of Richmond Hill, this collection of contemporary, elegant GENIUS™ townhomes have been efficiently designed with Treasure Hill’s finest touches. The stunning new development consists of 125 units ranging in size from 1860 sq.ft to 2326 sq.ft and each unit is 3-storeys tall with a two-car parking garage.

Each home at Canyon Hill Towns is also a GENIUS home including upgraded décor such as Caesarstone countertops in kitchens and bathrooms. This also includes connectivity features such as energy-efficient add-ons like the Nest Learning Thermostat.

Canyon Hill Towns Details

Developer Treasure Hill
Address 11000 Yonge Street
Neighbourhood Richmond Hill
Number of Storeys 3
Number of Units 125
Occupancy Date 2021
Maintenance Fees TBA
Priced From TBA

Canyon Hill Towns Location

Canyon Hill Towns is located at Canyon Hill Avenue and Yonge Street in the desireable neighbourhood of Richmond Hill. Richmond Hill is known as a prosperous community packed with alluring amenities and Canyon Hill is surrounded by it all. Canyon Hill Towns are just minutes away from amazing schools, including prestigious Holy Trinity School, shopping centres, delicious dining options, cinemas and much more. Commuting is seamless with many YRT stops throughout the town, some just a short walk from your new home.

11000 Yonge Street

Very Walkable

Explore Richmond Hill on Walk Score

About the Developer

Treasure Hill

Treasure Hill builds the finest quality new homes with only the best materials and superior craftsmanship. Every Treasure Hill home combines many elements: an impressive floor plan, quality construction, great value, a convenient location, and most of all, a feeling that this is a place you’ll want to call home. Come to Treasure Hill and discover your own treasure.

Treasure Hill True Condos

Canyon Hill Towns Frequently Asked Questions

How do I reserve a unit in this project?

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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?

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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”?

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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?

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Working with me as your Platinum agent gives you several benefits

  1. You get the highest level of access in the building
  2. You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
  3. The best possible incentives
  4. 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.
  5. Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
  6. My services to you as a buyer are free

Do I get a cooling off period? What is it for?

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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?

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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?

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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?

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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?

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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:

https://truecondos.com/5-things-to-know-about-closing-costs-when-investing-in-a-pre-construction-condo/

 

Contact me for more details

Are there any ‘hidden’ costs when buying a pre-construction condo?

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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?

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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.

(416) 371-2333

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