Highland Commons Condos 2

  • Starting From $484,900
1625 Military Trail, Scarborough, ON, Canada
Promotional
1625 Military Trail, Scarborough, ON, Canada
  • Starting From $484,900

Overview

  • Condo
  • Property Type

Description

Highland Commons Condos 2 is a new pre-construction condo development by Altree Developments. Coming soon to 1625 Military Trail in Scarborough.

Highland Commons Condos 2 is Coming This Year: LIVE. CONNECT. ESCAPE.

At Highland Commons, where an established community meets new ideas, you can experience an urban lifestyle. Make your home on the edge of some of Toronto’s most beautiful greenspaces. Get lost in the wooded paths that transport you to another world before returning to connected spaces and curated amenities where your best escape is right at home.

Highlights

The 3.05-acre parcel is made up of two properties while located in Toronto’s east end neighborhood of Highland Creek. The Highland Creek River ecosystem surrounds the development, especially with panoramic views of lush greenery. The site has direct access to Highway 401 via Highway 2A, is a five-minute drive from Guildwood GO Station, and is also three minutes from a future Eglinton East LRT station. Conveniently located near the University of Toronto – Scarborough Campus, specifically extending its new campus to meet the Province’s post-secondary education enrollment goals.

  • Easy access to HWY 401 via 2A
  • Direct shuttle service to Guildwood GO station
  • Future LRT Station
  • 30 minute drive to downtown Toronto
  • 30 minute ride to Union Station via GO Train
  • Minutes to U of T Scarborough campus and Centennial College
  • Short drive from Pan Am Centre
  • 30 minute drive to Pearson Airport
  • Nearby parks include Colonel Danforth Park, Megan Road Park

Property Details

  • Developer: Altree Developments
  • Architect: Kohn Architects
  • Building Type: Condominium
  • Ownership: Condominium
  • Building Status: Pre-construction
  • Selling Status: Promotional
  • Storeys: 8
  • Suites: 276
  • Suite Type: Studio – 3
  • Suite Size: 341 – 1163
  • Launch: 2022

Pricing & Fees

  • Price: $484,900 – $1,323,900
  • Cost of Parking: $60,000
  • Cost of EV Parking: $70,000
  • Parking Availability: First Come First Sale. Parking for suites 560sf+ only
  • Cost of Locker: $6,000
  • Maintenance Fee: $0.62/PSF
  • Notes: Excludes hydro, water, cable, and internet

Deposit Structure

$5,000 Bank Draft on Signing
Balance to 5% in 30 Days
5% in 180 Days
2.5% on February 1st, 2024
2.5% on July 1st, 2024
5% On Occupancy

Current Incentives

  • Extended Deposit Structure
  • Up to 3-Year Rental Guarantee on Select Suites**
    • $3,500 for 1 Bed + Den for 2 Years
    • $4,000 for 2 Beds for 3 Years
    • $4,500 for 2 Bed + Den for 3 Years
    • $5,000 for 3 Beds for 3 Years
  • Capped Development and Education Levies Included*
    • $12,900 for Studios and 1 Bedrooms
    • $0 for 1 Bedrooms and Den, 2 Bedrooms and 2 Bedrooms and Den, and 3 Bedrooms
  • Capped Section 37 at $2,000 per unit
  • Capped Meters at $1,000 per meter plus applicable taxes
  • $5,000 Assignment (Valued at $10,000)†
  • Right to Lease during Interim Occupancy†

Building Amenities

  • Lobby
  • 24/7 Concierge
  • Parcel Room
  • Social Club
  • Co-Working Spaces
  • Basketball Court
  • Ping Pong Table
  • Squash Court
  • Party Room
  • Pet Wash
  • Change Rooms
  • Fitness Centre
  • Outdoor Pool
  • Games Room
  • Kids’ Centre
  • Outdoor Showers
  • Outdoor Games Area
  • Outdoor Dining Area
  • Outdoor BBQ Area
  • Outdoor Chess
  • Outdoor Seating
  • Guest Suites
  • Planting Area
  • Address 1625 Military Trail
  • City Scarborough
  • State/county Ontario
  • Country Canada

Details

Updated on May 8, 2024 at 12:42 pm
  • Price: Starting From $484,900
  • Property Type: Condo
  • Property Status: Promotional

Additional details

  • Developer: Altree Developments
  • Location: 1625 Military Trail, Scarborough, ON, Canada
  • Condo Price Start From: $484,900's CAD
  • Occupancy Date: 2025

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