|Developer||The Benvenuto Group||Number of Units||76|
|Address||863 St. Clair West||Occupancy Date||Spring 2022|
|Area||St. Clair West||Maint. Fees||$0.64 psf/m|
|Number of Storeys||10||Priced From||$524,900 – $1,800,000|
About Monza Condos
Monza Condos is the shape of things to come in the St. Clair West Village.
Monza Condos is 10-storeys tall and has 76 units in total ranging from 470 Sq.ft to 1599 Sq.ft. Monza is a boutique urban condo like no other with dramatic architecture, exceptional suite finishes, and vibrant private and nearby amenities. The Toronto Design Review Panel has even gone as far as to say that the Monza Condo suites are “masterful”.
Monza Condos Location
Monza Condos offers you a perfect midtown location with quick connections in all directions. With a streetcar stop literally outside the front door, you can be at St. Clair subway station in minutes and downtown in under half an hour. Plus, close by are nature trails, bike lanes and pathways to get your pulse racing. At Monza Condos, you have no limits, only opportunities to get out there and live life to the fullest.
At Monza Condos, the old world charm of Corso Italia and the enchanting luxury of Forest Hill meet a modern city on the move. Just outside Monza Condos’ door, St. Clair Avenue teems with restaurants, cafés, fresh markets, fashion and fitness. The world outside Monza is just as exciting as the sophisticated amenities within.
Monza Condos is at the crossroads of 4 of Toronto’s most engaging neighbourhoods – Corso Italia, Regal Heights, Hillcrest Village and Wychwood Heights. Each a unique gem with culture and personality all its own. All this, plus some of the city’s best schools, parks and nature, shopping and dining, transit and subways, all within a short distance of Monza Condos.
Nearby Monza Condos
• The Stockyard’s
• Starving Artist Espresso Bar
• Rocket Cycle
• Krave Coffee
• Artscape Wychwood Barns
• Corso Italia
• Top-rated elementary and secondary schools
Monza Condos Amenities
The moment you step into Monza Condos’ sophisticated lobby, you’ve arrived. Warm woods, sleek stone and textured metals elevate the interior, while designer pendant lighting, illuminates the concierge desk and lounge.
• Luxurious lobby and concierge
• Fitness Studio
• Rooftop Terrace with Lounge and BBQ Space
• Outdoor Terrace Dining Space
• Rooftop Indoor Party Room
Rooftop Terrace and Outdoor Space
Monza Condos’ spacious and elegantly appointed rooftop space is perfect for every occasion. Birthdays, anniversaries, special occasions- you name it. Sleek fireplace, large screen TV, catering kitchen, dining area and plush lounge seating – everything adds up to an Instagram- worthy party at Monza Condos.
Monza Condos Features
Upscale midtown living. Every Monza Condos suite is designed to offer great living space. Large balconies or terraces are included with each residence. Enjoy your morning coffee overlooking breathtaking views. Quality finishes curated by award-winning Patton Design Studio include wide plank flooring, quartz countertops, glass tile backsplash, custom cabinetry, energy star appliances, spa-like bathrooms and more. This is modern living the way you love it. Monza Condos.
Monza Condos are available in 1 & 2 bedroom suites with amazing layouts, larger 3-bedroom suites, and a limited collection of luxurious 2-storey penthouse suites.
About the Developer
A developer with an intense passion for creative, urban, infill projects, The Benvenuto Group creates some of the most prestigious condo projects in Toronto and Montreal. The team works with award-winning architects, world-renowned interior designers and top-quality construction professionals to deliver exceptional quality, on time and on budget.
Monza 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.