RioCan Hall Condos
About Riocan Hall Condos
Perhaps you’ll choose Riocan Hall Condos for its exclusive living accommodations and unrivaled location. Or for the high-design aesthetic that permeates the spaces, both public and private. Or possibly what you’ll find most irresistible are the luxurious amenities.
But we imagine it will be the sum of all these things – the total experience – that will burrow into your psyche and not let go.
Riocan Hall Condos Location
Located in Toronto’s lively Entertainment District, feel the buzz and bustle of fabulous downtown life. Show-hop on King Street West at one of the many iconic theatres, whether it’s film at TIFF Bell Lightbox, a musical at Princess of Wales or a string quartet at Roy Thomson Hall. Window-shop on Queen Street West or let your inner foodie reign free with the city’s best street meats or fine dining. Walk over to the Royal Alexandra Theatre to take in a show, pop by the TIFF Bell Lightbox to see the best in film, or drop by one of the many local shops or boutiques to check out the latest in fashion.
AS CENTRAL AS IT GETS
Riocan Hall Condos is in the heart of Toronto’s Entertainment District, the epicentre of arts, culture and entertainment, but also centrally located to the best employment Toronto has to offer:
- The headquarters of all Big 5 Canadian Banks
- Consulting firms such as E&Y, PwC, KPMG and Deloitte
SHOPPING & DINING, JUST MOMENTS AWAY
Toronto’s Entertainment District features some of the top-rated restaurants anywhere in the city, and for good reason. This is where those with taste dine out. Whatever cuisine you find yourself craving, you’ll find it here, elevated to new heights:
- Alo (consistently rated as Toronto’s top restaurant)
- La Carnita
- Cactus Club Cafe
- Khao San Road
- Pizzeria Libretto
You are also just a short stroll from Queen Street West, Toronto’s coolest shopping destination – where global brands and local boutiques can be found side by side, catering to every style and need imaginable:
- Brandy Melville
- Little Burgundy
- Lush and many more!
TRANSIT AT YOUR DOOR
At RioCan Hall, you have access to a number of rapid transit options including:
- Walking distance to both the 504 King and 501 Queen Streetcars, the two most vital streetcar routes in the city, connecting you to any neighbourhood in the city
- Walking Distance to Osgoode Subway (Line 1), allowing you to go from downtown to Vaughan, and everyone in between
- Future Ontario Line rapid transit will be walking distance to RioCan Hall
About the Developer
Forward-Looking and Visionary
Since 1993, RioCan has developed communities while adhering to our guiding philosophies of integrity, candor, and responsiveness. We firmly believe that there is a home for every tenant, whether retail or residential, and that we succeed when they do. We build properties and partnerships for the long-term, with an eye to the future and a dedication to safety, ethics and community stewardship.
Prosperity Through Partnerships
The lasting relationships we form with tenants, employees, unitholders and suppliers at every step of the business lifecycle help ensure the success of our projects. Every partnership is built around mutual benefit. Our people understand urban and suburban growth better than anyone else in the business.
Other condos by Riocan Developments:
Riocan Hall 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.