The Rhodes Condos
The Rhodes is a new preconstruction condo development by Blackdoor Development Company, located in Toronto, ON
| Address | The Rhodes | ||
| Developer | Blackdoor Development Company | Occupancy | TBA |
| Area | Forest Hill | Deposit | TBA |
| Storeys | 8 | Maint. Fees | TBA |
| Units | 26 | Prices | From $1,400,000 |
About The Rhodes Condos
The Rhodes by Blackdoor Development Company offers an original design aesthetic rooted in timeless elegance, functional beauty and a distinctive edge that is original to the Blackdoor brand. Thoughtfulness, functionality, and creativity are essential. Quality product curation and craftsmanship are paramount.
The Rhodes Condos Location
Perched on the border of Toronto’s most coveted and established neighbourhoods, Cedarvale and Forest Hill, The Rhodes is a highly exclusive boutique offering featuring 25 luxury residences designed by RAW Design architects.Packaged within a boutique, private and secure residence, The Rhodes is truly a unique residential offering for condo living.
Get Around Town
A number of transit options are available living at The Rhodes, as are major roads, getting you where you need to go:
- Walking distance to Eglinton West TTC subway station, with connections to Line 1 and the upcoming Line 5 Eglinton Crosstown
- Steps to Line 5 Crosstown LRT station at Bathurst, this rapid underground east-west connection will be a game changer for the area
- Local bus routes on Bathurst with access to St Clair streetcar
- Quick access to Allen Expressway, with quick connection to Hwy 401
Shopping, Restaurants and Cafes
Minutes to downtown, but also in the heart of Forest Hill and nearby Cedarvale, The Rhodes gives you the best of Toronto. Enjoy some of Toronto’s best offerings just steps from your door including:
- Starbucks
- Jerusalem
- Bi Bim Bap
- Aish Tanoor
- 3SK Cafe
- Nimman Thai
- Tokyo Sushi
- LCBO
- Loblaw’s and so much more!
Parks
At The Rhodes, you will be met with incredible green spaces in minutes. Get in tune with nature and find zen at a wide variety of parks and trails, including:
- Kay Gardiner Beltline Trail
- Memorial Park
- Glen Cedar Park
- Viewmont Park
- Cedarvale Park
Top Ranked, Sought After Schools
Nestled in Forest Hill, The Rhodes is in close proximity of some of Toronto’s most sought after schools, with prestigious names nearby such as:
- Upper Canada College
- St Michael’s College School
- The Bishop Stratchan School
- Cedarvale Community School
- Forest Hill Junior and Senior Public School and more!
2014 Bathurst Street
Very Walkable
About the Developer
About Blackdoor Development Company
Blackdoor Development Company is a luxury bespoke real estate development company based in Toronto, Canada. Blackdoor Development Company offers an original design aesthetic rooted in a timeless elegance, functional beauty, and a distinctive edge that is original to the Blackdoor brand. POWERFUL. ELEGANT. EXCLUSIVE.
The Rhodes 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.
