Westgate Condos is a new condo in Hamilton developed by Matrix Development Group currently in pre-construction at 415 Main Street West in Hamilton, ON.
|Developer||Matrix Development Group|
|Address||415 Main Street West, Hamilton|
|Number of Storeys||7|
|Number of Units||114|
|Priced From||the $300,000s|
About Westgate Condos
Midtown Hamilton is having a moment. Vibrant and revitalized, it is teeming with trendy eateries, breweries, markets, arts and culture. At the gateway to the city, on Main Street West, a brand new boutique condominium is coming soon to midtown. Over 100 suites with spacious balconies, Westgate on Main is where neighbours become friends.
A grand two-storey lobby welcomes you, with a virtual concierge, a mailroom and parcel pickup. The building’s enviable amenities include a convenient dog-washing station, community garden, and a rooftop terrace with study rooms, private dining area and a party room. Also on the rooftop patio, find shaded outdoor seating and Gym.
Welcome to Westgate on Main.
Westgate Condos Location
IN THE HEART OF MIDTOWN HAMILTON
Living at the gateway to downtown, close to McMaster University and on midtown’s bustling Main Street means discovering all of the foodie hot spots on Hamilton’s restaurant row. Weekends fill up fast with Farmers’ Markets, art gallery walks and hikes up the escarpment for breathtaking views. This is city living at its finest.
GETTING AROUND IS EASY
Walk, bike or take transit. Connect to the entire city and beyond. With a local transit stop right outside your door, a GO station around the corner, close to the future Dundurn LRT station, sidewalks, trails and more, running errands is easy at Westgate on Main.
You could not find a better location! At the gateway to Hamilton’s vibrant midtown, right on Main Street West, minutes to McMaster University and with unparalleled access to all of the city’s amenities, going for drinks on a patio or meeting friends for a hike on the escarpment is as easy as walking out your front door.
About the Developer
Matrix Development Group
Matrix Development Group is a builder-developer skilled in the construction of multi-unit residential communities.
The company has a combination of over 40 years of experience in real estate development, with a team of seasoned professionals who have been instrumental in the creation of over 5,000 condominium and townhome units, and 1,000,000+ square feet of commercial space including offices, retail spaces, and hotels.
Matrix is giving form to the future, and showing the world the shape of things to come.
Westgate 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:
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.