Junction House Condos
What’s great about Junction House Condos?
Junction House is a boutique condominium featuring large suites and spacious two-storey homes. Where the tracks meet, where old meets new, where history meets opportunity, and where urban meets the outdoors, lies Junction House Condos.
Thoughtfully designed by superkül, the architecture is inspired by key principles of Canadian minimalism. The building’s design, both inside and out, strives for simplicity and serenity, but has been made approachable with warm and natural materials, as well as with local and contextual elements from both the Junction neighbourhood and beyond.
Inside, each home has been carefully crafted. The building features a variety of different suite types, including The House Collection, which is comprised of spacious two-storey suites and laneway houses.
The amenities have been designed with convenience and lifestyle in mind and include a co-working and social space, a fully-equipped fitness facility, and an expansive rooftop terrace with commanding views of the downtown skyline.
This is a place for professionals, families, entrepreneurs and creatives alike. Find your home at Junction House Condos.
Junction House Condos Details
|Developer||Slate Asset Management and Globizen Developments|
|Address||2720 Dundas Street West, Toronto, ON|
|Number of Storeys||9|
|Number of Units||TBA|
|Occupancy Date||December 2021|
|Maintenance Fees||$0.55 per sq/ft|
Where is Junction House Condos located?
Junction House Condos is a nine-storey boutique condominium perfectly located at the gateway to Toronto’s burgeoning Junction neighbourhood.
The Junction is a neighbourhood unlike any other in the city. Featuring a collection of Toronto’s most interesting cafés, restaurants, craft breweries, markets, and locally owned shops, it offers an exciting take on urban living. Transit, shopping, and dining are steps from your front door, and peaceful parks are just around the corner.
The UP Express is not only a convenient way to get to Pearson International Airport, it is unquestionably the quickest way to travel between the Junction and Union Station, or vice-versa. These trains depart four times per hour from the conveniently located Bloor Station, and they guarantee your arrival downtown within seven minutes. Go ahead, time it. The Junction also boasts countless other options for transportation, including the bus, subway, or train. Multiple TTC and GO Transit services are all easily accessible by foot. The wealth of travel options, plus close proximity to major highways, make the Junction a dream for anyone on the move.
The Junction is known for many things, but its extensive collection of culinary options may top the list. Dundas Street West boasts a strip of charming restaurants that rival those in any other Toronto neighbourhood. Stroll down the street any night of the week to Playa Cabana Cantina and share tacos and margaritas with friends, or enjoy a cozy date night as you sip wine and enjoy plates of authentic Italian pasta at Nodo. In the Junction, you are sure to experience good food and even better company.
What amenities does Junction House Condos have?
Welcome to your new home office. Adjacent to your lobby at Junction House is a ground floor co-working and social space that has been designed for individual work or group collaboration. The dynamic and multi-functional space is perfect for an afternoon of reading or a sit down at the communal table for collaboration. It goes without saying, this is the heart of Junction House, a place where people can come together and share ideas.
Elevating everyday routines to the extraordinary, the second floor fitness facility provides residents with access to a fitness room complete with state-of-the-art equipment, a barre and yoga studio, as well as an outdoor space for fresh air and to cool off. Whether weights are your thing, or if you prefer mindful practice and core strength, there is something for everyone.
Day and night, enjoy the private rooftop lounge with panoramic views of the city skyline across the treetops of the Junction. Living in a city should not mean you have to compromise on outdoor space. Take the elevator to the rooftop and you’ll discover a 4,000 square foot outdoor lounge with a variety of spaces to enjoy.
Featuring a fire pit, BBQs, a harvest table, and loungers, it’s the perfect spot to relax and unwind. Invite your friends over for dinner, bring your laptop and do some work, or curl up with a book while soaking in the sun and unparalleled views of the city.
What features and finishes does Junction House Condos have?
Designed with an emphasis on livability and access to light, each typical one bedroom suite at Junction House comes standard with a living room measuring over 14 feet in width. This is anything but typical.
About the Developers
Slate is a global real estate investor, operator, and developer with over $6 billion in assets under management and $1 billion in development across Canada, the United States, and Europe. Working alongside the world’s best architects, Slate’s approach to development is focused on using design innovation to improve our cities and unlock opportunities that others may be overlooking.
Based in Toronto, Globizen Developments is a city building company that develops design-focused properties with the ultimate goal of producing more livable, sustainable and economically prosperous communities. Active throughout the entire development process from acquisition to completion, Globizen’s multidisciplinary team prides itself on developing buildings of the highest quality.
Junction House 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.