Mobilio Towns
Mobilio Towns is a new townhome development by Menkes Developments and QuadReal currently in pre-construction at Jane and Highway 7 in Vaughan, ON.
About Mobilio Towns
Mobilio Towns is a part of the spectacular Vaughan Metropolitan Centre (VMC) just North of Toronto. Mobilio Towns is a genuinely welcoming community and an extension of your home, routine, and lifestyle. Encompassing 1,000 new condominium and townhome residences it’s the first new project in the VMC to incorporate a mix of housing types: high-rise condominium towers, and two and three-bedroom townhomes. You can choose to reside in a luxurious, modern townhome, or condo suite in one of three architecturally striking buildings of 16, 18 and 21 storeys each.
Designed with your health and well-being in mind, Mobilio Towns connects you to nature through lush landscapes of trees and plants, and new green spaces and parks, all accessed by open-air pedestrian walkways. Mobilio Towns gives you the best of modern life – the excitement of living in a vibrant downtown core, and the expansive green spaces you crave to nurture your soul.
Mobilio Towns Details
| Developer | Menkes Developments/QuadReal |
| Address | 55 Interchange Way |
| Neighbourhood | Vaughan |
| Number of Storeys | 3 |
| Number of Units | 1000 in total (Incl. Condos) |
| Occupancy Date | Spring 2022 |
| Maintenance Fees | $295-429/month |
| Priced From | $685,990 to the high $900’s |
Mobilio Towns Location
Mobilio Towns is located at 55 Interchange Way in Vaughan, ON near Jane Street and Highway 7.
At Mobilio Towns, you’re never far away from friends and family, outings and entertainment in other areas of the GTA. Getting to a Jays game, taking in a show in downtown Toronto, going shopping at Yorkdale or Vaughan Mills – it’s all easy with so many convenient transportation options. You’re close to hospitals, cafés, restaurants, stores, and sports venues. You’re mobile.
Lifestyle
VMC is a vibrant, modern urban center growing outward from the VMC subway station. With abundant space to live, play, work, and grow, Mobilio Towns is at the center of the most brilliant urban planning centers in Canada. VMC redefines urban living – a convergence of comfort, accessibility, and ease. A new way of life. Already, thousands of residential units have been built, are under construction, or have been approved for construction.
The future looks bright for Vaughan and Mobilio Towns. The city currently boasts almost 12,000 companies, 218,000 jobs and average five-year employment growth of 3.6%.* VMC will add to that prosperity, and Mobilio Towns is your opportunity to be part of this 21st-century marvel.
Transportation
Coinciding with the extension of the TTC’s subway line 1 all the way to Vaughan, the Mobilio Towns are only steps from the Vaughan Metropolitan Centre subway station that opened in December 2017, making your commute to downtown Toronto virtually effortless. York University is also on your threshold, only 5 minutes by subway.
As for venturing to the far ends of the GTA, GO Transit is also right on your doorstep at Mobilio Towns. The new Jane and Highway 407 GO station is the largest GO station ever built, with 18 bus bays, a bike storage facility, and easy access to the subway.
55 Interchange Way
Car-Dependent
Nearby Mobilio Towns
• Union Station is a 47-minute direct Subway ride.
• Pearson Airport is a 20-minute drive.
• Highway 407 is just south of Mobilio Towns and Highway 400 is nearby.
• A short drive West takes the kids to Canada’s Wonderland.
• York Regional Transit – VIVA System goes west to Martin Grove, North to New Market, East to Markham, and South to Finch and Don Mills Stations.
• PWC Tower
• Deloitte
• Dave and Busters
• IKEA Vaughan
• Vincentina Meats
• Marcello’s Pizzeria; and many more restaurants.
Mobilio Towns Amenities
Urban Amenities
To ensure residents at Mobilio Towns maintain a connection to the outdoor landscape all year round, bike paths, pedestrian walkways, and hiking trails flow in and out of green spaces, public squares, large naturalized parks, and renewed waterways.
Recreation
Gather with friends and family at Mobilio Towns as you sink into large, cushioned chairs under colourful patio lanterns for drinks and dinner under the vast expanse of sky above you, warmed a gas-lit fireplace.
If you’re in the mood for sports, you’ll gravitate towards the multigame court and splash pads at the north end of the new Millway Park. Millway Park is an almost 40,000 square foot linear park near Mobilio Towns that will be part of Vaughan’s Black Creek renewal project.
Lifestyle Amenities
A host of community amenities in synch with the desires of urban denizens make life at Mobilio all you could ever ask for. Here are just two of the amazing amenities:
Party Room
Residents at the Mobilio Towns can book the sumptuous party room for any event they host. From a cozy family gathering to a larger celebration. Relax in an ultra-modern space furnished with plush leather seating, marble kitchen island, chestnut tabletops, and decor features such as hardwood floors, black suspension lighting, and textured wallpaper.
Children’s Playroom
Your little ones will love the children’s playroom at Mobilio Towns. A spacious, colourfully decorated play space dedicated to fun with interactive play walls, built-in cubby storage, whimsical artwork, a mural wall, picket fences, oversized pillows, rideable toys, reading area, play area, and story room.
Mobilio Towns Features and Finishes
Mobilio Towns blends modern architecture and smart living spaces with premium features and finishes. The townhomes at Mobilio will feature brick and stone exteriors set along a harmonious, pedestrian-friendly streetscape.
Mobilio Towns’ modern urban-style townhouses give an enlightened aesthetic of natural materials and colours, their symmetrical rows interlaced with winding laneways of trees and plantings. Brick evokes a feeling of warmth and approachability, the idea of a welcoming home manifests. With living space divided among levels, the three varieties of Mobilio Towns provide ample space for any home-based activities.
The Casa collection of Mobilio Towns offers spacious designs with open concept living and entertaining spaces. Modern kitchens boast European-style cabinetry and premium quality stainless steel appliances. And for those who relish sunlit days and starry nights, private balconies and rooftop decks provide superior outdoor living and entertaining space. This is your perfect home for family milestones to be celebrated and new memories created.
At every turn of Mobilio Towns, you’re enveloped in warmth and dazzled by unique touches, masterfully arranged and styled in one-of-a-kind combinations of form and function. Geometrical shapes thrill and traverse design eras, pulling in elements from the Earth. Stone, brass, wood, metal, and leather in Earth tones of brown, green, gold, blue, and black reflect the naturalized landscapes outside and transmit a calming frequency. Mobilio Towns has many modern finishes with walls in white, black and pashmina; accents in brushed brass and marble, brushed bronze metal and honeycomb-patterned tiling emphasizes the flow of energy between indoors and out.
About the Developer
Menkes Developments
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 Towns 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.
