The Hill Residences
The Hill Residences is a new condo in Toronto developed by Metropia currently in pre-construction at 1406 Yonge St, Toronto, ON.
| Developer | Metropia |
| Address | 1406 Yonge St, Toronto |
| Neighbourhood | Deer Park |
| Number of Storeys | 50 |
| Number of Units | 580 |
| Occupancy Date | 2028 |
| Maintenance Fees | TBA |
| Priced From | $665,900 |
About The Hill Residences
Award-winning homebuilder Metropia is proud to present The Hill – a new condominium rising above the renowned Forest Hill, Southhill, and Summerhill neighbourhoods, and primed to elevate the Toronto lifestyle at Yonge & St. Clair. Live a life marked by endless panoramic views, by culture and affluence – with attitude, seamlessly integrating nature, fashion, food, art and industry. Experience these distinguished inspired residences that are uniquely classic and unpretentious, and soon to be yours. Live above it all.
The Hill Residence is a new mixed-use high-rise condominium by Metropia. This 39 storeys pre- construction project with 406 luxury units is located at the heart of Yonge St. And St. Clair Ave in the coveted Deer Park neighbourhood. This new development will bring both residences and retail space, adding to the vibrant community. Located just minutes from convenient transit routes and stations. Register today for exclusive information on this one of a kind opportunity.
The Hill Residences Location
The Hill Residence sits in the evolving and sought-after Deer Park neighbourhood in Toronto. With easy connectivity to excellent transit and an abundance of green spaces to get fresh air, it’s no wonder this area has seen an increase in condo developments. Students, young professionals and growing families can all benefit from this spectacular location. Residents can easily complete their everyday errands with the number of grocers and retailers found in the area, including Loblaws, Sobeys, LCBO, Starbucks, Farm Boy, Longo’s, Home Hardware, and so much more can be found in walking distance. Plus many dining options, pubs, bars and cafes can be found nearby.
Another excellent benefit is the region’s richness in lush parks and ravines. In close proximity, residents will be able to access a network of walking and cycling paths, playgrounds, tennis courts, parks which include David A. Balfour Park, Glenn Gould Park and Lionel Conacher Park.
1406 Yonge Street
Walker’s Paradise
About the Developer
Metropia
Metropia is committed to building quality homes and delivering unparalleled service that starts from the first sales centre visit and continues for the long term. We deliver wholly formed communities – spaces where landscaping, construction, and a full slate of amenities are ready from day one. Our client care welcomes residents and puts them at ease, setting new standards for the places we call home.
Every Metropia residence is built to superb standards of quality that meet and exceed customer expectations, ensuring that when you choose Metropia, you’re choosing the best. The process begins with world-class architecture and design, and a building method that carefully oversees every step of construction, creating long-term value down to the last detail.
The Hill Residences 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.
