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Thursday, April 21, 2016

Cosmo Condos (Jane & Hwy 7)


Cosmos Condos is a new mixed-use development of residential, office and commercial use space with a public square coming soon to 2951 Regional Road 7 and 180 and 190 Maplecrete Road in Vaughan, Ontario by Liberty Development Corporation.  
Cosmos Condominium is located in the southwest corner of Highway 7 and Maplecrete Road consisting of 4 proposed towers ranging from 25 to 35 storeys designed by Kirkor Architects + Planners as well as a 12 storey office building, a landscaped courtyard/park and retail that will be implemented in three phases.  Podiums will range in height from four storeys to 10 storeys and the development site is currently being occupied by existing employment uses.  
Cosmos's first phase will consist of of a proposed 35 storey residential tower with a green roof and an outdoor amenity space.  There will also be a 12 storey office building with a green roof and a four storey podium that will have ground floor commercial uses.  There's also going to be a proposed courtyard/park in phase one.  Phase two will consist of two 25 storey residential towers with a green roof and a five storey podium.  Phase three will consist of a 10 storey residential/retail podium with a green roof and also a 35 storey residential tower. The mixed-use proposal will have 1,328 residential suites with a total of 100,663 square metres of residential space, 3,300 square metres of retail use space and 20,207 square metres of office use space.

Incentives:
Assignment fee deferred for a limited time only (expires 2 years from the date of the APS)
Development charges and levies increases capped at:
$3500<650sf span="">
$5000>650sf
 
First 50 sales (30% 2bed +) will get a 2016 Tesla
 
Deposit Structure:
$5000 with agreement
Balance to 5% in 30 days
5% in 180 days
5% in 450 days
5% due on occupancy
 
Parking
1 standard parking spot included in purchase price
Price will be reduced by $35,000 if parkikng is excluded
 
Tentative occupancy
September 30, 2019

Contact kevinyip@realtyagent.com for more info