Plaza Midtown Condos
|Address||33 Holly Street|
|Area||Yonge and Eglinton||Deposit||20%|
|Storeys||27 & 34||Maint. Fees||$0.55 psf/m|
|Units||557||Prices||$713,000 – $1,440,000|
Plaza Midtown Condos is a new condo in Toronto developed by Plaza currently in pre-construction at 33 Holly Street, Toronto, ON.
About Plaza Midtown Condos
Much like the area itself, Plaza Midtown is a bit of everything for everyone. Its modular, Rubik’s cube façade leverages existing structures to create a cohesive unit that reflects the pastiche of Eglinton’s history.
Enhancing what’s already there without cancelling it out, there’s a simplicity about the cubic design that promises a lifestyle that can be personalized to your taste, which of course, it can.
Plaza Midtown Condos Location
Located at sought-after Yonge and Eglinton, the Plaza Midtown represents the best of both worlds – efficient and well connected with access anywhere in the city, yet completely self-contained, an enclave unto itself. It’s a neighbourhood rapidly evolving into the future.
Two buildings on one site leveraging existing structures, the Plaza Midtown declares ownership of midtown Toronto, a reflection of Eglinton’s uniquely piecemeal history, evolving organically to suit the influx of area inhabitants This is the new midtown. This is Plaza Midtown.
Welcome to the New Midtown
The Eglinton Avenue we know today is not the result of any one particular vision. Its character is defined by its organic, piecemeal planning over time, responding to people and needs as they arose.
Today, what was once the edge of the city is now distinctly at its core, and a future stop along the upcoming Crosstown LRT. It truly is the best of both worlds – efficient and well connected with access anywhere in the city, yet completely self-contained, an enclave unto itself, responding to its inhabitants, as always.
Plaza Midtown Condos Amenities
Expect nothing but resort style amenities at Plaza Midtown Condos including a bike studio, cardio theater, outdoor swiming pool, hot tub, lounge, sun deck, billiards and media room, communal workspaces, catering kitchen and more.
Plaza Midtown Features and Finishes
In a Plaza residence, gracious upgrades are standard features. By applying contemporary thinking to the quality of features and finishes we offer, Plaza homeowners can expect to always enjoy these luxurious touches in every suite.
– Quartz kitchen with undermount sink
– Window coverings
– Moen faucets
– Laminate flooring
– Six premium appliances including stainless steel refrigerator, stainless steel dishwasher, slide-in glass top stove and built-in microwave
– Ceramic or porcelain floor tiles
– Deep soaker tub and glass-walled showers
– 24-hour concierge service
– Every suite designed to have a balcony
About the Developer
With over 5,000 condominium suites either already completed or under construction in Toronto, Plaza is one of Toronto’s most experienced residential condominium construction and development organizations. Our communities can be found in many of Toronto’s most desirable urban neighbourhoods including Yorkville, North Toronto, King West, Queen West, Lawrence Park, Liberty Village, the St. Lawrence Neighbourhood, Harbourfront, Mt. Pleasant Village and more. Our difference – quality is built in right from the start.
Plaza Midtown Condos FAQ
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.