The Fifth at Charisma
|Address||Charisma Community | Vaughan|
|Number of Storeys||TBA|
|Number of Units||TBA|
|Occupancy Date||June 2024|
|Priced From||$657,900 to over $1,018,900|
About The Fifth at Charisma
Charisma Condos stands at a close proximity to the upcoming Vaughan Metropolitan Centre, a great deal of retail stores, reputable restaurants, marvelous parks and the beautiful Fossil Hill Pond. Highway 400 is just minutes away, making it easy for the Charisma Condo residents to explore the other beauteous areas of the city. The blossoming Jane & Rutherford neighbourhood has become even more desirable, all thanks to Charisma Condos.
The Jane & Rutherford area is currently being developed into an ever better community. More developments, plazas, transit options and schools are coming to the area, making the Charisma Condos a great building to invest in. Property values are estimated to increase as the area continues to flourish.
With prices starting from the upper $200s and impressive amenities, Charisma Condos sure does live up its name! Residents can expect to benefit from a spacious theatre room, convenient pet grooming room, WiFi lounge, billiards/games room and Bocce courts! A calming wellness centre, fresh swimming pool, rooftop skyview lounge and a beautiful terrace are also on the list of Charisma Condo’s mind-blowing amenities.
The Fifth at Charisma Location
WHEN I MOVE, YOU MOVE
A big part of urban living is defined by transportation. Charisma on the Park is perfectly positioned minutes from the 400 series highways and public transit so your daily adventures are made simple. It is all about accessibility and your life at Charisma will never leave you without ways to get there.
The new VMC Subway Station provides access to the TTC subway line and VIVA transit. Whether it’s where you work, or where you love to shop and dine, there are no more limitations – Charisma puts you at the centre of it all.
LIFE ON THE PARK
Charisma is designed to facilitate the best living experience possible – and nothing compares to a park setting when it comes to the place you call home. This brilliantly landscaped 1.6-acre public park is positioned directly on the property for immediate access and stunning views. Not only is Charisma on the Park the perfect urban setting – it’s also a true natural oasis – a place where you can enjoy both a serene and active lifestyle.
About the Developer
Since 1967, over 75,000 families have chosen Greenpark Group for their most important investment. That’s more than just a number – it is a statement of trust from each of those homebuyers who have chosen Greenpark to deliver the quality home they demand, and the quality lifestyle they desire.
In addition to quality, we also recognize that choice is important to our customers. That is why we are the complete home builder, offering a full range of new home designs from towns, semis and singles to high-rise condominium residences all across the GTA. And every one of these homes benefits from our proven track record of excellence in both design and construction.
The Fifth at Charisma 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.