Nordic Condos
| Address | 470 Wilson Avenue | ||
| Developer | Collecdev | Occupancy | Jan 2023 |
| Area | Wilson Heights | Deposit | 20% |
| Storeys | 12 | Maint. Fees | $0.59 psf/m |
| Units | 555 | Prices | $459,990 – $849,990 |
Nordic Condos is a new condo in Toronto developed by Collecdev currently in pre-construction at 470 Wilson Avenue, Toronto, ON.
About Nordic Condos
Coming soon to Wilson Heights – Nordic Condos.
Nordic Condos is a new condo in Toronto developed by Collecdev and inspired by the great Scandanavian philosophy of Friluftsliv. The philosophy is about embracing the outdoor life in everything we do. Nordic Condos is inspired by this ideal as life here will resonate with physical health through a love for the outdoor parks, amenities and walkable shopping and dining.
Nordic Condos Location
Nordic Condos is located at 500 Wilson Avenue in Toronto, ON and will be a staple in the Wilson Heights neighbourhood. Steps away from the Wilson Subway Station, residents living at Nordic Condos have easy access to transit and can travel into the downtown core in approximately 30-40 minutes.
Entertainment
Nordic Condos is located just north of the 401 parallel to Allen Road. That said, the Yorkdale Shopping Centre is within a short car ride from Nordic Condos where residents can indulge in world-class fashion and shopping.
Recreation
Nearby Nordic Condos is also Downsview Park where you can enjoy the natural beauty of the area by partaking in hikes, walks, biking trails, splash pads, and more.
500 Wilson Avenue
Somewhat Walkable
Education
Families living Nordic Condos have many options for elementary, secondary, and post-secondary schooling. Young adults are no more than 10 minutes from York University and Seneca College via Subway.
Nearby Nordic Condos
• Costco’s
• Michael’s
• PAESE Ristorante (Italian Cuisine)
• Subway
• LCBO
• Home Depot
• CIBC
• TD Bank
• Baycrest Hospital
Nordic Condos Amenities
Nordic Condos is designed with the connection to the outside world, nature, and physical activity in mind. One of the main amenities at Nordic Condos is the outdoor courtyard space. Here residents can enjoy the company of friends, family, and neighbours in a secluded outdoor space that you forget is in the middle of the city.
Other amenities at Nordic Condos include:
• Outdoor Courtyard – BBQ’s, Kid’s Play Area, Wood decking
• Coworking Space
• Multi-purpose/Party Room
• Fitness Centre with Yoga and Pilates Studio
• Pet Washing Station
Nordic Condos Features
• 8’6″ to 9′ smooth finish ceilings
• Innovative layouts and split bedroom design
• Balcony/terrace, as per plan
• Contemporary kitchen cabinets with laundry integration
• Stone countertops
• Designer backsplash
• Energy Star Appliances
• Spa-inspired bathrooms with quartz countertops
• Porcelain floor tiles in bathroom
• Framed glass shower enclosure, as per plan
• Wide plank, pre-engineered laminate flooring
• Programmable thermostat
• Individual heating and cooling system
About the Developer
Collecdev is a development company dedicated to building better communities. They champion an integrated approach, based on five pillars of good development and design.
At Collecdev, sustainability is all-encompassing. It means innovative technology like geothermal energy systems that reduce a building’s carbon footprint and help create predictable monthly costs for residents. It means building communities that will thrive for decades, anticipating the future while balancing the needs of today.
Nordic 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.
