Property Description

New Single Family Home Development, Red Oaks
Coming soon to
Bayview Avenue & Elgin Mills Road East, ON
Only one home left at $3,419,900

Quick Facts
ADDRESS	Bayview Avenue & Elgin Mills Road East, Richmond Hill, ON
AREA	York Region
BEDS	3 – 4 Bedrooms
AVAILABLE UNITS	18+ Beautiful homes available
CLOSING DATE	MARCH 2024
DEPOSIT	$50,000 WITH OFFER $50,000 IN 60 DAYS $50,000 IN 100 DAYS $50,000 IN 150 DAYS
SUITE SIZE RANGE	2,365 – 2,686 SQFT
STARTING PRICES	$3,419,900

Red Oaks is a new single family home development currently in preconstruction at Bayview Avenue & Elgin Mills Road East, Richmond Hill.

Red Oaks is a collection of luxury single-detached homes on 41′, 45′ & 60′ lots at the north end of Richmond Hill. Located at Bayview and Elgin Mills, this stunning new neighbourhood offers the height of suburban living in the Greater Toronto Area. A selection of detached homes that are set moments away from parks, green spaces, local shops and big box stores. It’s also a stone’s throw from the 404, connecting you to downtown Toronto and all the province’s major motorways.

Both tranquil and active, the area offers plenty of schools, sports leagues, golf courses and recreation space. Like the sturdy and dependable wood after which it’s named, Red Oaks is a place where young and established families can expect to thrive for years to come.

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LOCATION

This stunning collection of single family homes are conveniently situated in north Richmond Hill, close to the intersection of Bayview and Elgin Mills, close to a wide array of some of the city’s best lifestyle amenities.

Red Oaks Homes will offer residents plenty of tranquil green spaces and lush parklands to explore, suburban living doesn’t always mean sacrificing nature.

Richmond Hill is home to some of the province’s highest-ranking schools, and along with plenty of recreational activities, and state of the art medical centres, this neighbourhood is perfect for young and established families.

Commuting is also a breeze when living at Red Oaks Homes, Highways 404 and 407 are easily accessible to motorists and the surrounding area is serviced by York Region Transit and GO Transit.

The neighbourhood around Red Oaks Homes is family-friendly and features some of the highest-ranking schools in the region within its borders. It is also has state-of-the-art centres for medicine, making it a perfect place to call home for young as well as established families. This neighbourhood also features a vast area of green space in the form of parks, waiting to be explored. Residents will also have a pleasant commuting experience thanks to the public transportation services offered by York Region Transit and GO Transit. The area also has easy access to Highway 404 and Highway 407, making life easier for residents who drive.

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

If You Are A First Time Home Buyer in Ontario, Canada, You May Like To Attend Our In Person Class / Seminar For First Time Home Buyers In RE/MAX Mississauga Office Near Square One.

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.

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