Park Place Condos
Overview
Rising within Vaughan’s flagship master-planned SmartVMC, Park Place Condos is a new high-rise mixed-use condo development by SmartCentres. An ideal balance of contemporary design and luxury comfort, Park Place will combine high-quality materials, craftsmanship, and artistic flare for a distinctive living environment. Designed by well-known architecture Hariri Pontarini Architects, Park Place Condos will feature two towers rising 48 and 56 stories tall, connected by a three-level podium. The south tower will have 56 stories, while the north tower will stand 48 stories tall. In total, the project will house 1,111 condo units, ranging in size from 500 to 900 square feet, with a mix of one -, two – and three-bedroom layouts.
The project is currently in the pre-construction stage and is scheduled to be completed in the Summer of 2027.
Highlights
- Direct access to Highway 400/407
- 8-minutes to Vaughan Metropolitan Centre Station
- 10-minute drive to Vaughan Mills
- 11-minutes to Canada’s Wonderland
- 14-minutes to Yorkdale Shopping Centre
- 25-minute to the UofT St. George Campus
- A few minutes from Future Mackenzie Hospital
- Nearby parks include Belairway Park and Joey Panetta Park
Details
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C.C / Maint:$0.66/SF sqft
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Architect(s):Hariri Pontarini
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Price ($):From $699,990
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Est. Occupancy:
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Parking:From $699,990 to $1,063,990
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Builder (s):SmartCentres, SmartREIT
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Suites:1111
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Storeys:56
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Suite Size:500 to 900 sq ft
Amenities
- Fitness Centre
- Party Room
Deposit Structure
$10,000 deposit with Offer
Balance to 5% in 30 days
5% in 120 days
5% in 400 days
5% in 620 days
International Deposit Structure
$10,000 deposit with Offer
Balance to 10% in 30 days
10% in 120 days
10% in 400 days
5% in 620 days
Location
Park Place Condos will be nestled at Commerce Street at Highway 7 in Vaughan. The nearby intersection is Jane Street and Highway 7. Within walking distance of this condo, residents will have access to all the luxuries and amenities they could possibly desire. A wide variety of dining, shopping, and entertainment options will be readily accessible through pedestrian-friendly walkways and streets. Also, there will be plenty of transportation options and major highways nearby, making Park Place Condos an ideal housing option.
Furthermore, due to its direct access to the entire GTA, commuters will especially find it ideal. Just minutes away from Highway 7, motorists will have easy access to Highway 400, which will allow them a rapid connection to Highway 407 and 401. In addition, the Vaughan Metropolitan Centre station, where the subway and regional buses run, is also within walking distance for commuters who prefer public transportation.
Families, academics, the working class, and investors alike will find Park Place Condos an excellent investment opportunity. In close proximity to Park Place Condos, there are a variety of reputable public and private schools. While York University and Seneca College are just subway rides away as well. Moreover, several commercial and office buildings are currently under construction in the area, which will reduce commute times for professionals in the future. In this fast-growing area of the city, opportunities abound.
Developers
SmartLiving is one of Canada's largest REITs. Founded in 1989 as SmartCentres Real Estate Investment Trust, SmartLiving is the residential arm of SmartCentres. SmartLiving has primarily focused on building retail shopping centers in the past. But recently, they have added a division to focus on master-planned communities and mixed-use developments. With $10 billion worth of assets, SmartCentres holds 34.2 million square feet of revenue-generating, value-oriented retail space on 3,500 acres in Canada, which is 97.3% occupied.
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