Property Description

New Condominium Development 252 Church – SOLD OUT
Coming soon to
252 Church Street, Toronto, ON
SOLD OUT

Quick Facts
ADDRESS	252 Church Street, Toronto, ON
AREA	Toronto
BEDS	2 – 3 Bedrooms
UNITS AVAILABLE	679 Units 52 Stories
OCCUPANCY	TBA
DEPOSIT	$10,000 on Signing (Bank Draft – Mandatory) Balance to 5.0% in 30 Days 5.0% in 45 120 Days 2.5% in 60 300 Days 2.5% in 90 400 Days 2.5% in 120 600 Days 2.5% in 270 720 Days
AMENITY SPACE	16,000 square-feet
STARTING PRICES	SOLD OUT

252 Church is a new condo development currently in preconstruction at 252 Church Street, Toronto. 252 Church has a total of 679 units. This new condo will be primarily used as a residential building bringing a high number of housing units to the city.

This project will also include retail space and enough amenities to appeal to each resident. With its central location, investors will find that this tower will be one of the next great places to live in Toronto.

Two Fifty Two Church Condos will complement the city’s ever-growing downtown core. This residential condominium will sit atop a 6-storey podium and will rise a total of 54-storeys off the ground.

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AMENITIES

Investors can expect this development to display dark grey brick on the first three floors with large glass floor-to-ceiling windows to bring in the most natural light. The rest of the building will consist of white metal panelling that will frame each window. This development will be sure to incorporate elegant and modern interiors that will match the stunning exterior.

This new condo will offer many suites and sizes to accommodate any lifestyle from young professionals to growing families. Although this development will be focused on residential there will be over 2,500 square-feet of retail space available on the ground floor, providing residents with some boutique shops located in their building.

Amenity space will also be provided with over 16,000 square-feet of indoor amenity space available on the fourth floor and over 11,000 square-feet of outdoor amenity space on the sixth floor. The outdoor amenities will consist of an outdoor terrace overlooking the city.

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LOCATION

This area offers an incredible Walk Score of 98 out of 100 and a perfect Transit Score of 100 out of 100. 252 Church Condos is just a 3 minute walk from the vibrant Yonge and Dundas Square. This square is a publicly open space and event centre that spans over 1-acre. Residents here will enjoy the shops, restaurants and outdoor events. Additionally, the Eaton Centre Shopping Mall resides in this square as well offering residents with a plethora of retail shops and eateries.

There are also many restaurants, cafes, supermarkets and schools within walking distance from this development. Young professionals that live around here will enjoy the nightlife close by as well. Residents will always find something to do and see here.

Two fifty two Church will be a great investment opportunity because it is close to many hospitals which not only increase the value of the property but also give medical personnel somewhere to reside. Some of these hospitals include Toronto General Hospital, The Hospital for Sick Kids and Mount Sinai Hospital.

This area also offers some of the best transit of the city. Residents will be able to walk to Dundas Station in just 4 minutes. Dundas Station runs on the Yonge-University Line 1 and will reach Union Station in less than 5 minutes. There are also many streetcars and buses that run near this development site, taking residents throughout the city.

This development will offer an incredible 648 residential units, these units will be separated between:

• 194 – Studio Units
• 97 – One Bedroom Units
• 195 – One Bedroom Plus Den
• 97 – Two Bedroom Units
• 65 – Three Bedroom Units

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NEIGHBOR

This area offers an incredible Walk Score of 98 out of 100 and a perfect Transit Score of 100 out of 100. 252 Church Condos is just a 3 minute walk from the vibrant Yonge and Dundas Square. This square is a publicly open space and event centre that spans over 1-acre. Residents here will enjoy the shops, restaurants and outdoor events. Additionally, the Eaton Centre Shopping Mall resides in this square as well offering residents with a plethora of retail shops and eateries.

There are also many restaurants, cafes, supermarkets and schools within walking distance from this development. Young professionals that live around here will enjoy the nightlife close by as well. Residents will always find something to do and see here.

Two fifty two Church will be a great investment opportunity because it is close to many hospitals which not only increase the value of the property but also give medical personnel somewhere to reside. Some of these hospitals include Toronto General Hospital, The Hospital for Sick Kids and Mount Sinai Hospital.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Condominiums 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® 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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