New Condo and Townhouse Development Connectt
New Condo and Townhouse Development Connectt
Coming soon to
Derry Road & Regional Road 25, Milton, ON
Prices from mid $600’s
|Address||Derry Road & Regional Road 25, Milton, ON||Occupancy||Winter/Spring 2021|
|Beds||2 – 3.5 Bedrooms||Suite Size Range|
|Average Price per Sqft||–||Starting Prices|
Connectt is a new condo and townhouse development currently in preconstruction at Derry Road & Regional Road 25, Milton. Sales for available units start from the mid $600,000’s.
Connectt is a master-planned community coming to Regional Rd. 25 and Derry West. Three modern high-rise condominiums and a new series of townhomes will overlook the Niagara Escarpment set amidst new urban gardens and a courtyard.
True to its name, Connectt is also just moments away from Milton’s GO Transit station, as well as highways 401 & 407. And while many nearby natural features-including Mill Pond Park and Rattlesnake Point-offer a wonderful escape, the city’s fast-growing community means you’re also close to premium outlets, eateries and other services.
This proposal will be developed by Lindvest and will be located in the north-west corner of Regional Road 25 and Derry Road. The podium of this mixed-use development will have retail space on the first two floors and will hold both indoor and outdoor amenities. Three towers, ranging from 16 to 25 storeys, and 58 townhomes, are artfully composed around an expansive central park where mighty oaks and maple trees, boxwoods, hydrangeas, and burning bush will bloom throughout the seasons.
The first tower C1 will be 20-storeys high and will have 191 residential units, the second tower C2 will be 25-storeys high with 237 residential suites and the third tower C3 will be a mid-rise consisting of 16-storeys with 185 units. This complex will also include 48 stacked townhomes rising 3-storeys, located both in the centre and the north-side of the complex. These stacked townhomes will be surrounded by open green space and will connect to a new street that runs diagonally toward the south-side of the complex connecting residents to 34 more traditional townhomes. In total, this complex will have 695 residential dwelling units.
Milton is a small-town that is expected to grow in the next few years. Investors can expect the population to double by 2031. New developments are on the horizon and this master-planned community will be the start to many residential homes coming to the area in the near future. The town is expecting to expand its existing GO Station to become a local transit hub and to accommodate the influx of people commuting from the area.
From Milton’s position at the edge of the Niagara Escarpment, this area is full of lush greenery and parks, one of them is notably known as Bruce Trail. This trail spans 900 kilometres from Niagara to Tobermory and offers beautiful scenic nature walks and connects with the Niagara Escarpment. Locals can also enjoy festivals and events that happen in this area some of which include Steam-Era, the Milton Fall Fair, and the Downtown Milton Street Festival. This family-friendly neighbourhood provides something to do for everyone and continues to remain affordable, making it the perfect place to start investing.
Residents can expect substantial luxury living spaces with an open-concept layout, modern features and finishes, large windows and glass balconies. Each building will have a modern exterior comprised of masonry and stone paired with steel and glass to create a unique design that complements other buildings in the area.
To enhance the overall structure of the development, the residential towers will be purposely built far apart from one another to ensure that there are no obstructed views for residents living in each tower.
The landscape surrounding the area has been carefully designed to incorporate the right amount of green space. Pedestrian walkways will be surrounded by bright greenery that will encourage residents to travel through it.
Additionally, the residential towers will have four rooftop terraces that will account for the outdoor amenities of the building. These rooftop terraces will be on the top of the third floor and will be spread across the entire podium. Indoor amenity space will also be located in the podium as well. Residents living in the townhouse units will have access to the indoor and outdoor amenities in the condominium buildings
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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.
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
- You get the highest level of access in the building or in the new home project.
- You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives and terms.
- 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.
- Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- 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.