Riverside Residences
| Developer | Fernbrook Homes | Occupancy | May 2021 | Deposit | 10% |
| Area | Rustic | Storeys | 2 | Maint. Fees | $0 |
| Address | 1780 Lawrence Ave W | Units | 88 | Prices | $789,900 – $949,900 |
Riverside Residences is a new semi-detached home in Toronto developed by Fernbrook Homes currently in pre-construction at 1780 Lawrence Ave West in Toronto, ON.
About Riverside Residences
Riverside Residences in Amesbury Village is Toronto’s most remarkable new collection of contemporary semi- detached and townhome designs on protected creek and ravine lands. With every convenience close by and nature even closer, Riverside Residences can be your own personal refuge in the heart of the urban landscape.
The spectacular homes at Riverside Residences represent a new pinnacle in refined modern design. Stately exteriors, large windows and bold, angular elevations cultivate an atmosphere of elegance throughout the community. These contemporary designs are the perfect architectural complement to the beautiful ravine setting of this singular cul-de-sac community.
Riverside Residences Location
Situated between the peaceful forested lands of west Toronto’s Humber River Greenbelt and Upwood Greenbelt, Fernbrook Homes is pleased to announce a modern enclave community of true distinction — The Riverside Residences in Amesbury Village. Homebuyers will love the incredible standard of elegance available here, just moments from many of Toronto’s most desirable destinations including The Junction, High Park, Yorkdale Shopping Centre, York University, Lawrence West Subway Station, the future Crosstown LRT, and much more.
Located at Lawrence Avenue and Black Creek Drive, Riverside Residences offers the perfect balance of natural beauty and effortless urban living.
With some of the city’s top neighbourhoods, shopping, dining and more nearby, Riverside Residences offers one of Toronto’s most convenient lifestyle destinations. Shop and dine. Commute with ease. Explore and enjoy life in west Toronto’s best central location.
SUPERB TRANSIT
Regular bus service is available steps from your door, making frequent quick trips to Lawrence West Subway Station. The future Crosstown LRT will run just south, along Eglinton Avenue, providing another excellent way to get around. Riverside Residences also provides exceptional highway access, with Hwys. 401, 400, 427 and The Allen Road all just minutes away.
1780 Lawrence Avenue West
Very Walkable
Riverside Residences Features
Your home’s shared spaces are where your life unfolds. The open concept living room and kitchen area is where you will connect with family and friends, creating countless treasured memories against the perfect backdrop of sophisticated design.
Masterful design and modern elegance are uniquely embodied at Riverside. Open concept main floors boast spacious living/dining areas, chic kitchens and charming back decks. All homes are beautifully adorned with premium features and finishes. Granite kitchen countertops, custom quality kitchen cabinets and stainless-steel appliances. Marble vanities in the bathrooms. Stained oak staircases. Many floor plans also allow for fully separate living quarters — perfect for in-laws, a nanny or even additional rental income.
Your kitchen is a place to be nourished and a place to express your creativity. When your space is inspired, some of that energy is sure to make it into the meals you prepare for family and friends, so they can get a taste of incredible contemporary living every time dinner is served.
The crisp lines and modern sensibilities of the ensuites at Riverside Residences allow you to immerse yourself in an experience of contemporary luxury. Making it the perfect place to unwind, clear your head, and savour a quiet moment at the end of a long day.
The master suites at Riverside Residences convey a warm energy of profound tranquility. Escape the hectic pace of city life in these calming and elegant spaces.
The chic dining area is the ultimate focal point for your next social event. Situated in the heart of your open-concept space, it’s a flexible location that functions as well for formal dinners as it does for a casual cocktail party.
About the Developer
FERNBROOK HOMES
Fernbrook Homes is one of Canada’s leading builders and is widely recognized for their outstanding commitment to creating distinctive communities. With a keen natural understanding of what makes a community a preferred place to live, Fernbrook has an exceptional reputation for architectural integrity, classic design and outstanding customer service.
Fernbrook is proud of their commitment to complete customer satisfaction and strives to offer the finest after-sales customer service in the industry. Come discover a lifetime of satisfaction awaiting you here.
Riverside Residences 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.
