Junction Point Condos
Junction Point is a new condo in Toronto by Gairloch currently in pre-construction at 2639 Dundas Street West, Toronto, ON.
|Address||2639 Dundas Street West, Toronto|
About Junction Point Condos
At the point where the tracks intersect, where past meets present, and where urban meets nature, lies Junction Point Condos. It’s a condo for professionals, families, entrepreneurs and creatives alike. Find your home at Junction Point Condos.
Junction Point Condos Location
The Junction is arguably the most unique neighbourhood in the city, as it is unlike any other in the city. Featuring a myriad of Toronto’s most interesting cafés, restaurants, craft breweries, markets, and locally owned shops, it offers an organic, refreshing and unique take on urban living. Transit, shopping, and dining are all steps from your front door, and wonderful parks and community spaces are just around the corner.
TORONTO’S BEST MODE OF TRANSIT – UP EXPRESS
Not many people realize this, but the UP Express is not only the most ideal and convenient way to get to Pearson International Airport, but it has increasingly become a commuter rail line of sorts, providing by far the fastest and most efficient way to travel between the Junction and Union Station, or vice-versa. This cost effective trains run every fifteen minutes, and go from the Junction Triangle’s Bloor GO station to Union Station downtown in a mere seven minutes (which is one third of the time it would take by subway). Junction Point also boasts countless other options for transportation, including:
- Multiple bus routes
- Access to Dundas West Subway (TTC Line 2)
- GO Transit access from Bloor GO/UP Express Station
- The West Toronto Railpath, great for walking and cycling
- Access to major arterial roads as well as the Gardiner Expressway
TORONTO’S MOST ECLECTIC NEIGHBOURHOOD
Junction Point has many things going for it, perhaps most notably the sheer amount of food hotspots nearby. Dundas Street West boasts a plethora of charming restaurants and cafes that rival those in any other Toronto neighbourhood, such as:
- Nodo Junction
- Honest Weight
- The Alpine
- Playa Cabana Cantina
- Indie Alehouse
- Isaan Der
- Junction Local and so many more!
STEPS TO HIGH PARK
Junction Point is a short stroll to High Park, Toronto’s most beloved park. Spanning a whopping 161 hectares, High Park is a mixed recreational and natural park, with sporting facilities, cultural facilities, educational facilities, gardens, playgrounds and a zoo. Other green spaces near Junction Point include:
- Baird Park
- Perth Square Park
- Carlton Park
- Symington Avenue Playground
About the Developer
About Gairloch Developments
Gairloch Developments is an award winning, results oriented real estate development firm with a focus on acquiring quality sites and constructing modern, well designed buildings where real people want to live, work, and play. At Gairloch, we strive to create world-class developments that will stand the test of time. We believe that all relationships throughout the development process are important and should be treated with the utmost care and integrity. Our passion for design, careful attention to detail, and a customer service driven approach ensure high-quality construction and exceptionally finished homes. We know what it means to be a good neighbour, which is why we design and build projects that add a sense of style and vibrancy to the neighbourhoods that we call home.
Other condos by Gairloch Developments:
3200 Dundas Street West Condos
Junction Point 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.