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