Maison Wellesley Condos
Maison Wellesley Condos is a new condo in Toronto developed by Graywood Developments currently in pre-construction at 506 Church St Toronto, ON.
| Developer | Graywood Developments |
| Address | 506 Church St Toronto |
| Neighbourhood | Church and Wellesley |
| Number of Storeys | 14 |
| Number of Units | 160 |
| Occupancy Date | TBA |
| Maintenance Fees | TBA |
| Priced From | from $667,990 |
About Maison Wellesley Condos
Nestled in the heart of Downtown Toronto’s vibrant Church and Wellesley neighbourhood, Maison Wellesley Condos by Graywood Developments presents a unique opportunity for urban living. Immerse yourself in the dynamic culture, convenience, and connectivity of this thriving district, where iconic landmarks, universities, and a bustling urban atmosphere converge. Explore the allure of Maison Wellesley Condos and seize a rewarding investment in Toronto’s flourishing real estate landscape.
Maison Wellesley Condos Location
Discover an Enriching Urban Lifestyle at Maison Wellesley Condos. Nestled in the vibrant Church and Wellesley neighborhood, this remarkable residence offers a harmonious blend of modern luxury and community connectivity. Maison Wellesley invites you to experience the pulse of the city while relishing the tranquility of a sophisticated retreat. Immerse yourself in a dynamic realm where convenience, culture, and comfort converge, setting the stage for an unparalleled urban living experience.
Unbeatable Location
Maison Wellesley resides in the heart of Toronto’s bustling Church and Wellesley district, renowned for its vibrant lifestyle and cultural diversity. This central locale places you within easy reach of educational institutions, hospitals, shopping, and an eclectic range of dining options.
Cultural Haven
Immerse yourself in Toronto’s artistic and entertainment tapestry. Revel in proximity to iconic landmarks, art galleries, theaters, and vibrant events like those at the lively Yonge & Dundas Square, embracing the city’s pulse and fostering an enriched lifestyle.
Strategic Investment
Capitalize on the flourishing real estate landscape of Toronto. With the area’s consistent growth and its proximity to esteemed universities, Maison Wellesley presents an enticing investment opportunity, promising strong rental potential and enduring value in a thriving urban nucleus.
Seamless Transit Connectivity
Boasting a stellar Walk Score of 97 and a Transit Score of 91, MaisonWellesley ensures effortless mobility. Wellesley Station, just steps away, grants you access to the city’s comprehensive subway and streetcar network, facilitating convenient exploration and daily commuting.
Community Highlight
Experience the Charismatic Charms of Church and Wellesley. Maison Wellesley Condos not only offers luxurious living spaces but also grants you access to an enriching community. Engage in the vibrant tapestry of Church and Wellesley, where culture, convenience, and camaraderie thrive. Immerse yourself in a neighborhood that seamlessly marries urban energy with a warm sense of belonging.
Cultural Diversity: Embrace inclusivity and diversity, reflecting a wide range of cultures and lifestyles.
Education at Your Doorstep: Proximity to renowned educational institutions like University of Toronto and Ryerson University, catering to students and academics.
Lively Entertainment: Experience a plethora of entertainment choices, from theaters to the vibrant Yonge & Dundas Square.
Culinary Exploration: Indulge in diverse dining, from chic cafes to upscale restaurants, catering to every palate.
Urban Oasis: Escape the city’s hustle with nearby parks like Alexander Street Parkette, Cawthra Square Park, offering serene green spaces.
Healthcare Accessibility: Close to leading healthcare centers like Toronto General, Mount Sinai, and Sick Children’s Hospital, ensuring top-notch medical care.
Retail Therapy: Explore various shopping spots, from supermarkets to boutiques, meeting daily needs and retail desires.
506 Church Street
Walker’s Paradise
About the Developer
Graywood Developments
Graywood Developments builds communities and homes that are built for today and tomorrow. Graywoods goal is to design homes that not only meet the demands of homeowners today but also help to provide a flourishing future.
A home is one of the biggest investments you’ll ever make and that’s why Graywood Developments homes are not only built with a solid foundation of investment expertise, but built with oustanding quality to ensure value and peace of mind for generations.
Maison Wellesley 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:
https://truecondos.com/tag/hst-rebates/
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.
