Property Description

Pre Construction Condos for sale In LSQ
Coming Soon to Thorold
2305 Sheppard Avenue East, North York, ON
Starting prices from $953,900

LSQ1 is a new condo community currently in preconstruction at 2305 Sheppard Avenue East, North York. LSQ1 has a total of 462 units. LSQ1 sets the tone for city living at Sheppard Ave. East with a 43-storey condominium featuring residential units and world-class amenities, including an outdoor vanishing edge four sided infinity pool. This first residential tower in the LSQ community offers a range of suite sizes to fit the modern lifestyle, from spacious one-bedroom layouts to an abundance of two and three-bedroom suites.

LSQ Living’s 15-acre master-planned community is in the pre-construction phase and set to include six new condominium towers and one employment tower to accompany the two employment offices that are already situated in the complex.

This mixed-use master-planned community will be built with future employment opportunities in mind, making it convenient for residents that are looking to live and work in the same vicinity.

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AMENITIES

This master-planned community will be shaped in a quadrant that will be broken down into four blocks. The first block located on the northeast side of the quadrant will house two condominium towers.

One of the towers will face Sheppard Ave East, will reach up to 43-storeys high including a 6-storey mixed-use podium and will house 434 units.

The second tower will face Victoria Park Avenue, on the east-side of the complex and will reach up to 30-storeys including a 4-storey mixed-use podium and will house 300+ units. These towers are the first to be built in this complex.

On the west-side of the quadrant, resides block two. This block will house two residential towers and a set of townhomes to accompany the towers. The first tower in this block will contain 24-storeys and will house 246 units. The second tower will reach up to 34-storeys and is expected to hold 335 units. This block will be accompanied by an existing office tower that is set to remain in place as the rest of the community is being built.

The third block will face the south-east side of the quadrant and will include two new sets of townhouses and will be accompanied by an existing office building that is proposed to remain in the area. The fourth and final block of the quadrant will include a new 19-storey office building facing Settlers Road and will include a multi-level parking deck.

In total, across 6 residential towers this real-estate investment will house 1,600+ condominium units and 22 townhomes. 800 of these units will contain one-bedroom averaging at 570 square-feet. 600 units will be two-bedrooms with an average size of 764 square-feet and 200 three-bedroom with an average size of 893 square-feet. The average size of the townhomes will be 1593 square-feet.

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LOCATION

Each block of the quadrant will be nicely separated by two new roads that are set to both run north and south and east and west. The roads will give this community a city within a city feel and will make it easier for commuters and pedestrians alike to access each building.

Future residents can look forward to enjoying the vibrant lifestyle that this master-planned community has to offer. They will be able to work, eat, play and sleep all within the same area.

In addition to the future employment and retail shops in the community, residents can enjoy the many amenities the surrounding neighbourhood has to offer.

Conveniently located mere steps away is the TTC bus with multiple routes to take residents across the city. Additionally, the Sheppard Subway Line is also in close proximity. Residents can enjoy shopping centres, grocery stores, fitness centres, schools, cafes, bars and many dining options all within this neighbourhood. Residents will never have to go too far to get what they need. This location is perfect for those looking to invest in a developing area where residents and tenants will have everything they need in one place.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Condos in Toronto, 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 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® 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 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.

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