Property Description

New pre construction Freehold Townhomes for sale in King City, ON
Coming soon to
Keele Street & King Road, King City, ON
Starting at $1,287,990

Minutes away from the King City GO Station, Highway 400, several golf courses, and stunning conservation areas.
ADDRESS	Keele Street & King Road, King City, ON
AREA	York Region, Ontario
ROOMS	3 Bedrooms | 3 Bathrooms
TYPE HOMES	Towns
OCCUPANCY	SPRING/SUMMER 2025
DEPOSIT	$75,000 on Signing Balance of 5% in 30 days 5% in 60 days 5% upon Occupancy TOTAL: 15% DEPOSIT
SUITE SIZE RANGE	1,694 – 2,548 sqft
PRICE START	$1,287,990

Welcome to Canterbury Lanes, an exclusive collection of 48 Luxury Towns coming soon to King City. Nestled just north of the historic heart of the town at Keele St & King Rd, this timeless community offers a modern lifestyle embraced by natural beauty.  Residents will enjoy convenient access to grocery stores, charming boutiques, and dining options, while being only minutes away from the King City GO Station, Highway 400, several golf courses, stunning conservation areas, and more.

King City is renowned for its picturesque landscapes, including rolling hills, lush forests, and beautiful parks. It’s a perfect location for nature lovers who enjoy outdoor activities like hiking, cycling, and horseback riding.

Beyond the beautiful natural landscapes that King City is known for, you’ll enjoy convenient access to a wealth of local amenities. Savour a variety of dining experiences, from cozy cafes and bistros to casual eateries and fine dining.

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AMENITIES

Located at Keele Street and King Road in the heart of King City, this stunning new townhome development offers luxurious living with pricing starting at $1.3 million. Featuring 48 exclusive homes, these thoughtfully designed townhomes range in size from 1,694 to 2,548 square feet. With occupancy expected in Spring/Summer 2025, this development promises an unparalleled blend of elegance and convenience. Residents will enjoy a low-maintenance lifestyle with monthly fees of approximately $158, which include services such as garbage disposal, landscaping, snow removal, and communication.

The deposit structure is designed for convenience, requiring $75,000 upon signing, followed by 5% minus the initial $75,000 within 30 days, an additional 5% in 60 days, and the final 5% upon occupancy. The development also offers an impressive array of incentives, including Platinum VIP pricing and floor plans, first access to the best unit availability, and capped development charges at $15,000. Additional benefits include assignment, leasing, and property management services, a free lawyer review of purchase agreements, and free mortgage arrangements. Buyers will also receive $5,000 in Bonus Décor Dollars, a Café Stainless Steel Appliance Package, and enjoy savings of $25,000 to $100,000 with no additional lot premiums.

These townhomes are crafted with exceptional features and finishes to elevate everyday living. The interiors boast 9-foot ceilings on the main and second floors, with 8-foot ceilings on the third floor. Engineered hardwood flooring runs throughout, excluding tiled areas, and the natural oak finish staircase with oak treads adds a touch of timeless elegance. The principal bedroom features a walk-out balcony, creating a private retreat for homeowners.

The kitchens are a chef’s dream, complete with deluxe cabinetry featuring extended height uppers, enclosed fridge cabinets with gables, and sleek quartz countertops. The stainless steel appliance package includes a counter-depth refrigerator, slide-in range, dishwasher, and undermount hood fan, ensuring a seamless culinary experience. Additional modern conveniences include a rough-in conduit for an EV charger in the garage and elevators with curated finishes and flush-mount operating panels in applicable units.

This development combines contemporary design with practicality, offering an ideal choice for families and professionals seeking a premium lifestyle in King City.

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LOCATION

King City, located in the northern part of the Greater Toronto Area, offers a charming small-town atmosphere amidst picturesque landscapes. Surrounded by rolling hills and lush forests, this community is a haven for outdoor enthusiasts who love hiking, biking, and exploring nature. Its beautiful parks and friendly environment make it a desirable place to live, work, and visit. Residents enjoy the perfect blend of tranquility and convenience, with the serenity of nature complemented by close proximity to urban amenities.

Connectivity in King City is exceptional, providing residents with seamless access to surrounding communities and the city of Toronto. Highway 400 runs through the area, offering convenient connections to major highways such as the 407 and 401 to the south. The King City GO Station further enhances accessibility, providing a reliable and efficient public transit option for commuters. York Region Transit (YRT) also serves the area, ensuring that residents can easily navigate the region. This combination of natural beauty and excellent transportation links makes King City a highly sought-after community.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Townhomes in King City, ON. Please click here and fill out the form and we will send you more info 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 the “My Dream Home search in King City” 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® for 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 the builder – NOT you and they do not disclose many points that 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 a top selling pre-construction agent and investor 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 Freehold 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 months 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.

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