Mobilio Condos
Mobilio Condos is pre-construction condo by Menkes Developments and QuadReal coming to Jane and Highway 7 in Vaughan, ON.
About Mobilio Condos
Mobilio Condos is a thoughtfully-designed community with the perfect balance of high-rise condominium towers, townhomes, green space and amenities that meet the needs and desires of a wide-ranging demographic of buyers.
Set within the context of the exciting VMC urban centre, with accessibility to multiple rapid transit and highway networks, Mobilio Condos represents the convenience of downtown living with the space and comfort of the suburban lifestyle.
Just north of Toronto, a new neighbourhood in Vaughan Metropolitan Centre rises. Welcome to Mobilio Condos, situated at the epicentre of connectivity, convenience and innovation, and only steps away from the subway.
Mobilio Condos is an extension of your home, routine and lifestyle surrounded by worId-class restaurants, one-of-a-kind retail experiences, and a genuinely welcoming community.
Brand-new Condominiums and Townhomes are coming soon.
Mobilio Condos Details
| Developer | Menkes |
| Address | Highway 7 & Maplecrete, Vaughan |
| Neighbourhood | Vaughan |
| Number of Storeys | 21 |
| Number of Units | 1000 |
| Occupancy Date | April 2022 |
| Maintenance Fees | $0.64/sq.ft per Month |
| Priced From | $380,000s to over $630,000s |
Mobilio Condos Location
Mobilio Condos is strategically located close to the Vaughan Metropolitan Centre TTC Subway station, which is a transit hub that is also serviced by the Viva, YRT and Zum transit systems, representing connectivity to neighbouring cities like Richmond Hill, Brampton and Markham.
Quick access to GO Transit is also a short distance away from Mobilio Condos situated to the South, which offers regional transit service to all parts of the Greater Toronto and Hamilton Area. Beyond public transit, getting around by car at Mobilio Condos is a breeze, with convenient access to Highways 7, 400 and 407.
With the Finch West Subway Extension to VMC, students and faculty travelling to the York University Campus upgraded up from a 40 minute bus commute to a 7 minute subway ride, transforming the concept of convenience in Vaughan and sparking a new wave of home-buying interest. Almost 60% of the Finch West Subway extension ridership is utilizing the Campus-centric stations. No longer restricted to student housing or Toronto’s rental market, students and educational professionals alike are seeing Vaughan and the VMC as their first choice for convenience-centric housing.
Somewhat Walkable
Mobilio Condos Amenities
As a thriving new urban centre, Vaughan Metropolitan Centre offers lifestyle amenities as diverse and dynamic as its residents. A shopper’s dream, Vaughan Metropolitan Centre boasts a quick commute to renowned shopping centres like Vaughan Mills and Yorkdale.
For adult friendly and family-centric dining, VMC caters to foodies and families with restaurants like Jack Astors, Moxies and Chop Steakhouse & Bar. GoodLife Fitness and the YCMA provide fitness facilities for every family member’s health and recreational needs. Jet-setters will enjoy hopping on Highway 407 to Toronto’s Pearson International Airport in less than 20 minutes.
Mobilio Condos is about more than just connections to transit and highways, it’s also about the human connection to nature. All city dwellers yearn for balance and a reprieve from their busy lives. Nature, in the form of parks and green spaces, offers the vital opportunity for residents to reconnect with themselves and their families.
With a pedestrian-friendly, human-scale mix of townhomes and condominium towers, Mobilio Condos is anchored by a network of attractive outdoor spaces, including a park, walking paths and family-friendly play areas.
About the Developer
MENKES
Menkes continues to raise the standard for outstanding quality design and superior value as a fully integrated, multidisciplinary real estate development company.
Elegant family homes that exude character and charm; exclusive luxury condominiums infused with stunning amenities; and highly coveted office and industrial space, all set in prime locations.
QUADREAL
Headquartered in Vancouver, British Columbia, QuadReal Property Group is a Canadian real estate investment, development and management company operating on a global scale.
The company’s $24.5 billion portfolio spans 23 Global Cities across 17 countries. Owned by British Columbia Investment Management Corporation (BCI), one of Canada’s largest institutional investors, QuadReal was established to manage BCI’s real estate investment portfolio.
Mobilio 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:
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.
