Development Details

Developer:

ELAD Canada

Expected Completion Date:

December 2020

VIP Launch Date:

March 1 2017

Location:

Don Mills and Sheppard

Number of Units:

374

Number of Storeys:

33

Starting Price:

high $200s

Average Price Per SQFT:

$600

Range of Unit Sizes:

524-809Sq.Ft

Amenities:

Grand Lobby, Pets Room, Concierge Service, Indoor Pool, Sauna, Hot Tub, Outdoor Terrace, Outdoor Dining and BBQ, Family Play Lounge and more

Last Updated: March 9, 2017

About The Development

North York welcomes The Peak Condos at Emerald City, currently in pre–construction near Don Mills Road & George Henry Boulevard. With an address as regal as the plans, developer Elad Canada has plenty in store for 32 Forest Manor Road. The prospective 33 storey tower will consist of 371 mixed condo units. A VIP launch is said to be taking place on Mar, 2017, while estimated occupancy is Dec, 2020. which is keeping everyone eagerly anticipating another investment opportunity in this bustling part of the city.

Known as the Henry Farm neighbourhood, or the “Garden City”, the block’s development of multiple condominiums gives a special vigor of modernity that VZMH Architects clearly had in mind from the start. Endless highlights touch The Peak Condos, while amenities abound with barbeques, terrace, games room, hot tub, pool, lounge, party room, and sauna. Pet Services are even available for those with busy lifestyles looking for a hand. The condo is close to shops, restaurants, and will have you covered for whatever you may need in a hurry. Just steps from highly acclaimed Fairview Mall, a selection of over 160 stores, including two department stores, a multitude of services, the Fairview Library (located north of the mall), and Cineplex Cinemas. Most frequented restaurants include Spring Rolls, Moxie’s, St. Louis Bar and Grill, Tim Hortons, Mcdonald’s, Taco Bell, Hero Certified Burgers, and New York Fries – remember these are just within Fairview Mall, we have yet to discuss the additional selections around the Sheppard and Don Mills area, which are by the dozens.

Besides the fact that having guests over will be a snap as most city-goers know where Fairview Mall is, and plans won’t need a second thought with wide options for food and entertainment. Driving to and fro will be easy going, as most agree that living right by the intersection of Highways 404 and 401 deems any “getting to the highway” issues obsolete. Pedestrians abound, being that it is only a four minute walk to the Don Mills Subway Station – the transit score has continued to retain the highly-coveted “excellent” status.

Urban living talk aside, those who enjoy taking walks or hugging trees will be happy to know that nearby parks include Parkway Forest Park and Shaughnessy Public School Park. Parkway Forest Park features a baseball diamond, multipurpose sports field, basketball court, ball hockey pad, two children’s playgrounds and three outdoor-lit tennis courts. The Parkway Forest Community Centre, is within close proximity. Students will find a great selection of reputable schools for youth and adults; St. Timothy Catholic School, Forest Manor Public School, Shaughnessy Public School, Kingslake Public School, Woodbine Junior High School, Georges Vanier Secondary School, and Lambton College

The Peak residents will find it easy to explore their surroundings being quite near Sheppard Subway Station, as well as having the ability to hop on the following bus routes: the 85 Sheppard Bus, 385 Sheppard Bus, 25 Don Mills Bus and the 185 Don Mills Bus.

The Peak joins three sister condos in the Emerald City – making it the latest choice for living modern elegance.

Phase 2 at Emerald City sold out in record time. We expect The Peak to be no different. With rising prices in the neighbourhood, extremely low inventory and high rental rates, The Peak makes a good option for all types of buyers.

Investors will find that rental rates are comparable to those of Downtown Toronto but with a more attractive purchase price. The Globe And Mail recently called the condos in the Fairview Mall area the highest appreciating in Toronto.

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1 Bedroom/1 Bedroom Den suites
$5,000 off the Purchase Price*
$4,000 off the price of Parking***

1 Bedroom Flex suites
$6,000 off the Purchase Price*
Free Flex Sliding Glass Door ** (Value: approximately $2,000}
$4,000 off the price of Parking***

2 Bedroom/2 Bedroom Den/2 Bedroom Flex/ 3 Bedroom suites $8,000 off the Purchase Price*
$4,000 off the price of Parking***
$0 Assignment Fee (Reduced from $5,000****)

Development Charges and Levies capped at
$5,500 lB/lB D/lB Flex
$7,500 2B/2B D/2B F/3B

Permission to have non-Purchaser Occupants during Occupancy

Special Extended Deposit Structure
$5,000 on Signing
Balance of 5% due in 30 days
5% due in 150 days
5% due in 370 days
5% on Interim Occupancy

Development Location

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ARUNAN KUVEN, BROKER
p: 416.587.3485
e: info@condogeek.ca

RIGHT AT HOME REALTY INC., BROKERAGE
1396 Don Mills Road B121
Toronto, Ontario, M3B 0A7
o: 416.391.3232

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