The Borough Condos
| Address | 2180 Lawrence Avenue | ||
| Developer | G Group Developments | Occupancy | Summer 2023 |
| Area | Scarborough | Deposit | 20% |
| Storeys | 21 | Maint. Fees | $0.60 psf/m |
| Units | 282 | Prices | $260,990 – $694,990 |
The Borough Condos is a new condo in Toronto developed by G Group Developments currently in pre-construction at 2180 Lawrence Avenue, Toronto, ON.
About The Borough Condos
The Borough Condos are luxury condominiums starting from the $200,000’s and they’re yours to own.
Proudly standing at the northeast corner of Lawrence Avenue and Birchmount Road, The Borough Condos will introduce a collection of luxury suites to one of Toronto’s mostconnected neighbourhoods.
The Borough Condos Location
Toronto has six unique and special boroughs across the city, one being Scarborough. The Borough Condos is located in the neighbourhood of Scarborough, one of the longest standing boroughs of Toronto.
The Borough Condos is located where the surroundings are naturally urban. With access to transit right at your doorstep, you can access Lawrence East station in 5 minutes, the Kennedy GO Station in 4 minutes and Highway 401 in 12 minutes; this is Toronto’s best connection.
Take pride in The Borough Condos and enjoy being steps away from local restaurants with global flair, a short drive to Scarborough Town Centre for some of the best shopping in the city and an abundance of schools and daycares. Living at The Borough Condos can offer some of the best features of living in the east-end.
2180 Lawrence Avenue East
Very Walkable
Nearby The Borough Condos
• Lawrence East LRT Station
• Kennedy GO Station
• Shoppers Drug Mart
• Starbucks
• Harvey’s
• Scarborough Town Centre
• Scotibank; and more.
The Borough Condos Amenities
The Borough Condos comes complete with premium amenities for exercising, lounging, and socializing. It will also include amenities such as a children’s play room to keep young ones occupied.
More information and images of the featured amenities coming soon!
The Borough Condos Features
The Borough Condos are finished in luxurious features and materials from the moment you step foot into the lobby to the thoughtfully designed suites. The Borough Condos is crafted by the expert team of G Group Development and Unexus.
More information and images coming soon!
About the Developer
G Group Development Inc. is a real estate development firm with decades of combined experience and strong roots in Toronto and the GTA. Renowned as a luxury builder, with more than 1,000 residential homes and 250,000 square feet of commercial/retail space to date, G Group Development takes pride in providing opportunities for purchasers to customize their homes, such as The Borough Condos, through a wide selection of upgraded finishes and luxurious details.
The Borough 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:
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.
