Property Description

New Pre Construction Luxury Townhomes Development in Cambridge, ON
Coming soon to
155 Equestrian Way, Cambridge, ON
Register now, Sales starting from $864,999

The Ridge at River Mill is a new townhouse development currently in preconstruction at 155 Equestrian Way, Cambridge. River Mill, the master planned community of gorgeous neighbourhoods in Cambridge, and home to Parkview, Bloom Towns and Brooklyn Heights 1 & 2, is expanding!

With Phase 1 release, you’ll have 5 distinct townhomes to choose from, ranging in size from 1495 sqft to 1915 sqft, and all boasting three bedrooms, open concept spaces and luxury included features like quartz counters, luxury vinyl plank flooring and modern on trend colours and textures. Starting in the mid-$800’s. 

Over the next few weeks, we’ll be releasing all you need to make The Ridge at River Mill  your home …. floor plans, community plan, features and finishes, included upgrades, deposit structure and more.

Request Information 

AMENITIES

Available homes range in size from 1,370 to 1,915 square feet and boast spacious layouts with high ceilings and abundant natural light. The open-concept designs are ideal for today’s modern family and offer gourmet kitchens, generous living rooms, three bedrooms and two-and-a-half bathrooms.

Residents will benefit from a sought-after location in the heart of River Mill, complemented with plenty of shops, schools, parks and nine kilometres of hiking and biking trails. Hespeler VIllage is only a stone’s throw away, where charming thoroughfares are lined with local restaurants, unique shops and services. The village is also home to the Fashion History Museum, the Hespeler Heritage Centre and the Hespeler Idea Exchange.

Historic downtown Cambridge is also minutes away and is packed with a diverse array of specialty shops, retailers, restaurants and cafes. Enjoy a leisurely stroll and take in the picturesque Victorian homes, church spires and streetscapes along the beautiful Grand River. Plus, with easy access to Highway 401, The Ridge at River Mill is only a 20-minute drive to Kitchener-Waterloo.

Request Information 

LOCATION

The neighbourhood around this development is walkable and residents will be a short drive away from a plethora of amenities. A few minutes of drive will take residents to several shopping destinations including Storehouse 408, Len’s Mill Store, LCBO and SAIL. There are also vast green spaces around including Chilligo Conservation Area and Mill Run Trail. Motorists of this development will also have easy access to Highway 401 through Highway 24.

River Mill is a thriving community blending urban desires with natures serenity. As part of the larger Cambridge area, you are only minutes from the vibrant village of Hespeler, with its ambient restaurants, specialty shops, local cafes and eateries, bike-friendly streets and riverside paths, and a short car ride to downtown Cambridge where you can enjoy Saturday markets, a stroll along the river and coffee with friends.

With a mere 20-minute drive to Kitchener/Waterloo to the west and Guelph to the north, along with all the local necessities of life right on your doorstep, River Mill is the community to call home. Renowned for quality and integrity, we are building River Mill with a firm focus on family values and healthy lifestyles, with a true dedication to protect the environment and restore it to the way nature had in mind.

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

Get Directions