416.504.6133 livewell@condosavvy.ca

NOW SELLING

ICONIC 3 MILLION SF MIXED-USE DEVELOPMENT

The Well sets the stage for meaningful experiences that draws people from down the street and across the globe to eat, shop, work, live and play in Toronto.

REGISTER FOR platinum ACCESS

NOW SELLING

ICONIC 3 MILLION SF MIXED-USE DEVELOPMENT

by ALLIED, RioCan, REIT & Tridel

NOW SELLING

ICONIC 3 MILLION SF MIXED-USE DEVELOPMENT

by ALLIED, RioCan, REIT & Tridel

NOW SELLING

ICONIC 3 MILLION SF MIXED-USE DEVELOPMENT

by ALLIED, RioCan, REIT & Tridel

NOW SELLING

ICONIC 3 MILLION SF MIXED-USE DEVELOPMENT

by ALLIED, RioCan, REIT & Tridel

REGISTER FOR IMMEDIATE ACCESS!

LIVE. WORK. PLAY.

The Well connects its residents to all that is great about Toronto, steps away from world class offices and retail shops. The development will offer 1.43 million square feet of housing for a variety of tenants, including high quality condominiums and premium purpose-built rental suites. With this variety plus proximity to lively entertainment, convenient transportation and peaceful green space, The Well will become the standard by which all future residential projects will be judged.

REGISTER FOR IMMEDIATE ACCESS!

LIVE. WORK. PLAY.

The Well connects its residents to all that is great about Toronto, steps away from world class offices and retail shops. The development will offer 1.43 million square feet of housing for a variety of tenants, including high quality condominiums and premium purpose-built rental suites. With this variety plus proximity to lively entertainment, convenient transportation and peaceful green space, The Well will become the standard by which all future residential standards will be judged.

LIVE. WORK. PLAY. AT THE WELL

The Well Condos is an ambitious mixed-use mini-community that will consist of six residential condominiums located in Toronto’s chic Fashion District. The residential portion of the development is being undertaken by the proven Canadian developer Tridel; along with a substantial retail hub overseen by RioCan.

RioCan and Allied share a vision for The Well. A belief that working well is how important things get done. A belief that having places to shop well, creates a lively destination. A belief that a vibrant community is well mixed. A belief that design can contribute to a well-balanced life. A belief that a great community is connected to its city. A belief that a well built and sustainable neighbourhood is their legacy.

The Well offers 3 million sq. ft. of convenient services, food, entertainment, retail and workspace, all within one spectacular community. Residents can experience the full spectrum of urban living without needing to leave.

Location: 410 Front St W. Toronto
Neighbourhood: King West / Fashion District
Builder: Tridel
Architects: architectsAlliance and Wallman Architects
WalkScore: 97
Transit Score: 100
Number of Units: 1818
Storeys: 36, 46, 39, 22, 16, 16, 14
Pricing
: $1300-1600/sf
Occupancy: Summer 2022

The Well

Frequently Asked Questions about Pre-Construction at The Well

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!

 

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