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New Condo Townhomes Forest Hill Private Residences – FINAL RELEASE

Price
$1,774,000. And Up.
Beds
1 Beds
Lot Size
966 - 2160 SqFt
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Property Description

New High-End Luxury Condo Town Homes – FINAL RELEASE
Coming soon to
2 Forest Hill Road, Toronto, ON
Prices from MID $700’s

Quick Facts
ADDRESS 2 Forest Hill Road, Toronto, ON                                                                           
AREA Toronto, ON
BEDS 1 – 3.5 Bedrooms
AVERAGE PRICE PER SQFT $1958 per SqFt
OCCUPANCY Fall/Winter 2023
DEPOSIT $15,000 Bank Draft on Signing
Balance to 5% in 30 days
5% in 90 days
5% in 365 days
5% in 540 days
1% on occupancy
SUITE SIZE RANGE 966 – 2160 SqFt
STARTING PRICES $1,774,000

Forest Hill Private Residences is a new very high-end Luxury Towns currently in preconstruction at 2 Forest Hill Road, Toronto. The development is scheduled for completion in 2023.

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PROJECT INFO

  • 9 storeys at the corner of St Clair Ave West and Forest Hill Road
  • 88 suites (including ground floor townhomes) (We anticipate this will be reduced come closing due to combination suites)
  • Double height ceiling in the primary lobby
  • Three elevators

5 STAR AMENITIES (ALL LOCATED ON THE GROUND FLOOR) INCLUDE

  • Indoor pool with towel service
  • Saunas (dry and steam)
  • Gym with personal training rooms and towel and water service
  • Party room with caterer’s kitchen, lounging area, dual fireplace and dining table that seats 20 guests
  • Wine walls with wine storage and program options
  • Outdoor zen garden with lounge spaces, water features, green walls and a dining table

5 STAR SERVICES PROVIDED BY THE FOREST HILL GROUP INCLUDE

  • 24-hour valet
  • Concierge services
  • On staff sommelier for our wine program
  • A la carte service offerings including grocery delivery, reservation services, dog walking, dry cleaning and more

SUITE DETAILS

  • 10-foot smooth finish ceilings
  • Expansive balconies and terraces, as per plan
  • Floor to ceiling windows
  • One to over 3 bedroom suites
  • Sizes range from just under 1,000 sq ft to over 2,500 sq ft (with the option of combinations to make larger suites)
  • Pricing is from $1,800 to over $2,000 PSF

Introducing Forest Hill Private Residences, nine storeys of timeless luxury residences with expansive outdoor areas overlooking the thriving strip of St. Clair Avenue West and lush green hues of Forest Hill Road. Home to local conveniences and quaint boutique shops are well-loved and known to many, experience the incomparable feeling of coming home.

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AMENITIES

Forest Hill Private Residences is designed as premium living spaces, the condo’s 85 suites will feature spacious accommodations. A limited collection of 1 bedroom, 2 bedrooms and 3 bedroom suites ranging in size from 966 sq.ft up to 2,200+ sq. ft. The majority of these sumptuous suites will also be featured with expansive terraces that introduce the outdoors into every living environment.

As early plans have it, this luxurious boutique condo has 13,554 square meters of residential space that consists of 20 1-bedroom units, 55 2-bedroom units, and 10 3-bedroom units, all of which are designed as deluxe residences that will comply with Leadership in Energy and Environmental Design (LEED) standards.

Forest Hill Private Residences will be served by 2-level underground parking that will contain 126 proposed parking spaces, 25 of which will be equipped with electric vehicle charging infrastructure. The garage will also house 86 bicycle parking spots, a total broken down into 77 residential spaces and 9 non-residential spaces, in addition to space for 35 storage lockers.

Amenities for this high-calibre, high-aesthetic building will be found on the first floor, as will the condo’s grand lobby entrance and accompanying mail, secondary porter lobby, parcel room and premium Forest Hill address.

Totalling 6,500 sq. ft of indoor and outdoor amenities, one amenity space will be a tranquil pool with sauna & steam room, private gym, fully equipped catering kitchen, serene garden oasis, private wine collection, 20 seater dining table, exclusive Porte Cochere with valet, five-star additional luxury services provided by The Forest Hill Group and the other a multi-purpose party/common room that will feature a 2 storey-high ceiling.

This condo nevertheless is situated in a prime location that is close to numerous neighbourhood amenities and services.

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LOCATION & NEIGHBOURHOOD

With its detached houses and individual driveways, Forest Hill appears to resemble a neighbourhood that is better suited for the suburbs. And yet, after a closer look reveals this community to be made up of some of the city’s most lavish homes, we can see that this neighbourhood is most definitely one of an urban character, especially when it comes to its local amenities and services.

Numerous businesses can be found along this part of the busy St. Clair Avenue corridor. Within ten minutes, residents can walk to Yonge Street and have access to numerous upscale restaurants and eateries, a pharmacy, and a branch of the LCBO; conversely, a 13-minute walk west will take residents to another retail area at St. Clair and Bathurst.

Other important nearby destinations that are within walking distance include Casa Loma, The Spadina Museum, Tarragon Theatre as well as the great shopping and dining services found in Yorkville, conveniently located just 22 minutes away by foot.

In fact, this neighbourhood is so convenient that it has been rated a superb Walk Score of 78, signifying that most errands can be performed here without the use of a car.

As an affluent neighbourhood, Forest Hill is certainly full of educational facilities, some of which are the best in the city. Schools found in this area include Brown Junior Public School, Deer Park Junior and Senior Public School, Forest Hill Junior and Senior Public School, Hillcrest Community School, and The York School. Not only that, this neighbourhood is home to the prestigious Upper Canada College, St. Michael’s College School as well as the Casa Loma campus of George Brown College.

To ensure nature is never far away, this community is filled with green space such as Glenn Gould Park, Amsterdam Square, Sir Winston Churchill Park as well as David A. Balfour Park, a gateway park that leads to the rest of the extensive Don River park system.

As seen by its great Transit Score of 80, this address caters to commuter by providing easy access to public transportation. The St. Clair streetcar that passes in front of the condo will take residents to St. Clair Station Line 1 in just 7 minutes or, going in the other direction, to St. Clair West Station Line 1 in just 11 minutes. This immediate access to the TTC allows residents to travel downtown in under half an hour’s time.

As convenient as this is, travelling to and from this neighbourhood will become even better as future plans to develop Toronto’s transit infrastructure continue to unfold. Planned for a September 2021 start, the Eglinton Crosstown LRT is planned to make a stop at Avenue Road and Eglinton Avenue, providing yet another transportation option for condo residents. Further, into the future, the nearby North Toronto Station in Summerhill will be reopened to facilitate the GO Transit Midtown Corridor, providing an east-west express commuting option for the city.

And, even though it seems like the least likely of places to be recognized for it, Forest Hill is nothing less than perfection when it comes to its bicycling infrastructure. This neighbourhood has scored 100 on its Bicycle Score, noted for its excellent bike lanes and for being flat as a pancake.

Whatever the reason, Forest Hill is simply sublime when it comes to being one of the city’s most coveted places to live. Now, with Forest Hill Private Residences, you have a chance to join this exclusive community by living at this posh, boutique condominium. Don’t delay, sign up today.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Condominiums in Toronto, ON. Please click here and fill out the form and we will send you more info you as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out “My Dream Home search in Mississauga ” form and we will get back to you with relevant information.

We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of builder – NOT you and they do not disclose many points those may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists Inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal 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.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

  1. You get the highest level of access in the building or in the new home project.
  2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
  3. The best possible incentives and terms.
  4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being top-selling pre-construction agents and investors since 2007.
  5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
  6. Our 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 BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. 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, we 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 when you buy a Condo unit.

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 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us 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 no HST 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 later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 month to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house 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 or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must 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 or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

Property Information
  • SellingProperty Status:
  • New TownhomesProperty Type:
  • TorontoNeighborhood:
  • $1,774,000. And Up.Price:
  • TorontoCity:
  • ONState:
  • 966 - 2160 SqFtLot Size:
  • 2023Year Built:

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