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New Condominium Development In U.C. Towers 3

Price
$500,000. And Up.
Beds
1 Beds
Lot Size
418 - 960 SQFT
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Property Description

New Condominium Development In U.C. Towers 3
Coming soon to
2425 Simcoe Street North, Oshawa, ON
Starting from low $500’s

Quick Facts
ADDRESS 2425 Simcoe Street North, Oshawa, ON
AREA Durham Region
BEDS 1 – 3 Bedrooms
AVAILABLE UNITS 19 Stories
OCCUPANCY 2024
DEPOSIT $5,000 on Signing
Balance to 5% in 30 days
5% in 90 days
5% 2.5% in 270 days
2.5% in 365 days
5% 2.5% in 540 days
2.5% in 720 days
1% on Occupancy
21% Total Deposit
SUITE SIZE RANGE 418 – 960 SQFT
STARTING PRICES $500,000

U.C. Tower 3 is a new condo development currently under construction at 2425 Simcoe Street North, Oshawa. Available units start from the low $500,000’s. The well-awaited third tower in this coveted residential community is finally coming to downtown Oshawa.

This pre-construction project will be located on the south-west corner of Simcoe Street N and Winchester Road W in North Oshawa. This stunning 19-storey development will be joining the award-winning U.C. residential community, which is already home to successful preceding phases. The condo will contain floor plans in studio, one-bedroom, two-bedroom and three-bedroom layouts accommodating a variety of buyers and investors.

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AMENITIES

U.C. Tower 3 Condos will be the perfect spot for first-time home buyers and investors looking for the perfect suburban home within an urban community. U.C. Tower 3 will be a luxurious and dynamic condo set to animate this already thriving community. The condo will feature stunning interior finishes and ample amenity space providing its residents with a life of luxury and leisure.

Enjoy over 21,653 square feet of unmatched indoor amenity spaces as well as 26,128 square feet of elevated outdoor areas. This condo will contain a sizeable contemporary fully-equipped fitness centre, yoga studios, a tech/work lounge, private dining rooms, theatre room, games room and premium pet spas. In addition, you can find a dining room with an adjoined catering kitchen and event lounge perfect for hosting parties; a business lounge, board room, breakout study pods and more.

Residents will have unlimited access to expansive outdoor terraces outfitted with patio dining, BBQ and lounge areas for maximum comfort. Plus, amenity areas will provide unlimited access to high-speed internet service and Smart Living features.

Additionally, each dwelling should feature spacious balconies to maximize the resident’s amenity space. Terraces on Levels 1 and 4 to include one weatherproof exterior outlet, one non-freeze hose bib and one gas hook-up, as per plan. We can also expect ample vehicle parking provided for residents, in underground parking.

The designer kitchens will feature an appliance package containing a stainless steel fridge, microwave, cooktop, wall oven, integrated dishwasher. As well as quartz countertops, single bowl stainless steel undermount with contemporary design chrome faucets and tiled backsplash from the builder’s decore package selection. Additionally, each unit will contain a front loading stackable washer and dryer for remarkable distinctive living spaces.

The bathrooms will be perfectly curated with contemporary 2-door vanity cabinets with integrated basin and countertops, porcelain bathroom tiled floors, porcelain wall tile and a wall-mounted vanity mirror.

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LOCATION

U.C. Tower 3 Condos is set to rise in a prime Oshawa neighbourhood, known as North Oshawa. This area continues to attract a range of homebuyers due to its proximity to exceptional schooling, highways and local amenities. This development will be an excellent investment for those looking for a place to live in or rent out.

What makes this development so desirable is its nearness to family-friendly amenities found within minutes. Shopping malls, restaurants, movie theatres and other entertainment centres including the Oshawa Centre and SmartCentre are found in under 10 minutes. Not to mention, the University of Ontario Institute and Technology and Durham College are found in the vicinity – making this development the perfect student residence.

Residents and locals can benefit from the network of arterial streets that run through Oshawa. Commuters can find the bus station within walking distance from the condos and the Oshawa Train Station and Whitby Train Station are minutes away by car.

From the U.C. Tower 3 Condos, residents can easily travel across the GTA with the convenience of Hwy 407 and Hwy 401 located just minutes away. Simcoe St N connects commuters to King St E and Hwy 401 in minutes. Utilising the newly constructed Hwy 407, you can reach downtown Toronto in as little as 60 minutes.

This tower is poised to bring density and convenience while leveraging the thriving neighbourhood. This development will provide its occupants with both urban and suburban amenities – making it the ideal place for students, couples, and growing families.

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