Development Details

Developer:

SAMM Developments

Expected Completion Date:

Spring 2020

VIP Launch Date:

July 23 2016

Location:

Kennedy and 401

Number of Units:

663

Number of Storeys:

30, 31 (two towers)

Starting Price:

Low $200s

Average Price Per SQFT:

$478

Range of Unit Sizes:

478 - 925 SQ. FT

Amenities:

Fitness Room, Yoga Studio, Games Room, Karaoke Room, Chef

Last Updated: February 6, 2017

About The Development

Located in Scarborough, The Kennedys is the latest condominium development to hit the less saturated condo market of east Toronto. A quick search of available rentals in Scarborough will reveal the lack of options for renters, making The Kennedys a great option for potential investors.

There are several existing developments at Kennedy and 401 built by Tridel but are less pedestrian friendly due to how far they are set within Village Garden Square. The Kennedys will be built at the corner of Kennedy Road and Village Garden Square giving pedestrians access to the things that matter most.

With home prices rising rapidly in Toronto, Scarborough is becoming a desirable location for buyers looking to get the best bang for their buck within the city. 

This development comprises of two towers (potentially a third) and a Delta Hotel which will go through extensive renovations to become a Marriot Hotel, making it the best hotel in Scarborough. It will also feature retail and ground level and a new 8-storey office building.

The site of this development is the second most desirable location to own a condominium in Scarborough. You can get just about anywhere from here using either the 401, Go, LRT, Kennedy Station, the future Sheppard line extension, or simply by walking.

Shops and restaurants are also in close proximity to The Kennedys. A short walk leads you to Kennedy Commons which is home to LA Fitness, Metro, Chapters, Starbucks, LCBO and more. Agincourt Mall is only a 15 minute walk away and Scarborough Town Centre can be reached within a five minute drive.

Buyers will be pleased with the 8,500 square feet of amenity space on fifth floor and it’s premium finishes throughout. All suites also include a parking space which buyers can opt out of to reduce their purchase price by $20,000.

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PURCHASE INCENTIVES

 

 Extended Deposit Structure
(5% in 2016, Only 15% Total)

+
Capped Development Charges and Levies
($4,900 for 1Br and 1+Dens, $7,900 for 2Br+)

+

One Time Free Assignment

+

More Non-marketable Incentives
(Builder Is Offering More Great Offers That They Don't Want Advertised)

Development Location

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p: 416.587.3485
e: info@condogeek.ca

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1396 Don Mills Road B121
Toronto, Ontario, M3B 0A7
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