INCREDIBLE INVESTMENT OPPORTUNITY DOWNTOWN
CONDOS FROM the $500’s
EXCELLENT PLATINUM INVESTOR INCENTIVES
Coming soon to Bloor Yorkville. The city’s most sophisticated residences. Priced from the $500’s.
MOD Developments and the award-winning Architects Alliance are setting a new standard in modern luxury with 55C.
55C Condos is a unique mixed-use modern high-rise on the edge of the Bloor Yorkville neighbourhood – dangerously close to some incredible shopping.
Located at 55 Charles St East this piece of modern luxury will stand 48 storeys high and house 560 condo units ranging in size from 350 SF to over 1000 SF as well as a limited number of townhouse units.
Lobby with Concierge and Fireplace Lounge • Ground Floor Pet Spa • Refrigerated Parcel Storage Room • 20 feet cceiling on the Rooftop Party Room with Outdoor Landscaped Terrace and Barbeque Area • Rooftop Zen Lounge • 5,000 SF Fitness Centre with Cardio, Weights and Training Areas • Yoga Studio • Guest Suite on the Rooftop • Change Rooms with His/Her Stram Rooms • Multiple Lounge Spaces and Study Areas • Additional Outdoor Lounge Spaces with Barbeque Areas
INCREDIBLE INCENTIVES FOR INVESTORS
Register today for VIP Platinum Access to 55C and get immediate acccess to pricing, incentives, floorplans and the best units!
PLATINUM ACCESS NOW SELLING
The Lobby is a sanctuary of calm and quietude. Understated yet we inspiring. An escape from the busy city that hums outside its doors. With a 24-hour concierge to welcome and help, you’ll always be greeted by enchantment.
Its bold presence, sophisticated visual vernacular, place it in a league of its own. Eclectic and exceptional. A singular aesthetic. Striking addition to the Bloor Yorkville neighbourhood. 55 Charles striking geometric silhouette makes the quintessential design statement.
Instinctively calming. Immensely stylish. The interiors of 55 Charles are anything but ordinary. Infused with luxury, your home is nothing less than a haven of modern design. With high-end finishes, contemporary fixtures and highly functional designs, you’ll always live in style at 55 Charles.
Frequently Asked Questions about Pre-Construction at 55C Condos
How do I reserve a unit in this project?
The first step is to register for Platinum access. Once the project is launched we’ll be in-touch straight away with an email that will have everything you need from the floorplans to the price list. Once you’ve had an opportunity to review and you know which unit(s) you’re interested in, get in touch and we’ll provide you with the worksheet and be here every step of the way to your new purchase.
What does Platinum Access mean?
It’s more about the agent than the buyer really. Anyone can get platinum access though a platinum agent! Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Milan Swanston is a top-selling pre-construction broker that holds platinum status with most of Toronto's best residential developers!
How does it benefit me as a buyer to work with CondoSavvy?
Working with CondoSavvy as your platinum brokerage means you get the highest level of access at the lowest possible price. You also get access to the best possible incentives, as well as incentives exclusive to CondoSavvy clients only.
CondoSavvy doesn’t represent the builder. CondoSavvy represents you! You benefit from the team's experience as platinum agents and investors themselves.
CondoSavvy also has a network of mortgage brokers, lawyers, property managers, contractors and HST rebate services to help get you started.
As a buyer, all our services are totally FREE!
How long is the cooling off period? What is the cooling off period for?
Once you sign the contract to purchase your new unit you will have a standard 10 calendar day period (not business days) from the time you sign. This is known as the cooling off period. This period is typically used to have a lawyer look over your agreement (if you so choose) and to get a pre-approval letter for your mortgage.
Do I Need a Lawyer?
You don’t need a lawyer at the moment you sign the agreement, however we recommend you have a qualified lawyer review your agreement of purchase and sale after you sign during your 10-day cooling off period.
If you’re not sure where to get a lawyer that’s qualified - we can help!
Do I need mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of singing.
Getting a mortgage pre-approval is something we can help with too! Get in touch!
Does the price include HST?
If you’re purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
What are the closing costs on my new condo?
Closing costs on a pre-construction condo varies greatly depending on the actual purchase price of the unit, the builder and even the city you’re buying in.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are absolutely no hidden fees when buying a pre-construction condos. All fees must be disclosed in the agreement of purchase and sale. All purchases have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help we can absolutely suggest a number of expert law firms that specialize in Real Estate.
Is it possible to assign my new condo?
Most builders do allow you to sell your unit before the building is complete. This process is called selling by “assignment”. There is usually an assignment fee and a legal fee associated with this kind of sale. Costs can range from $1000 - $7000, depending on the situation. Get in touch for details!