The Express Condos by Malibu Investments in North York @ Wilson Subway Station.
|Express Condominiums on the Subway|
|ADDRESS||4 Tippett Road, Toronto ON|
|NEIGHBOURHOOD/CITY||Clanton Park Neighbourhood - Toronto|
|POSTAL CODE||M3H 2V1|
|ESTIMATED COMPLETION||Fall 2021|
|SELLING STATUS||Selling as of September 2017|
|STARTING PRICE (Per Sq. Ft)||High $200's|
|FLOORS/UNITS||Three Towers - 16 Storeys - 651 Units|
Register Below For Access To Express Condominiums On The Subway.
The Builder... Malibu Investments:
Malibu Investments have been around for many years and have a proven track record of success. They have condo developments all over the greater toronto area. The residents of Clanton Park neighbourhood of North York are most familiar with Malibu Investments projects in the area known as Gramercy Park (525 Wilson Ave) and Southside Condos (9 Tippett Rd). In addition, Toronto Residents will know Malibu for their projects Smart House Condos (219 Queens Street West) and Tableau Condos (117 Peter Street). They have many other successful condo projects in addition to the ones mentioned above.
One bedroom condo units at Express Condos will start from the high $200,000's up to the mid $300,000's.
One bedroom + den condo units at Express Condos will start from the mid $300,000's up to the mid $400,000's
Two Bedroom condo units at Express Condos will start from the mid $400'000's up to the high $500,000's
Two Bedroom + den condo units at Express Condos will start from the low $500,000's and going up to the $700,000's
Three Bedroom condo units at Express Condos will start from the $600,000's and upwards
Rental Rate Details:
The rental rate at Wilson Station and North York in general is approximately $3.50 per square foot per month. So a 500 square foot condo will get approximately $1,750 per month. We expect the rental figures at Express Condominiums to be:
1 Bedroom condo units at $1650 to $1900 per month
1 Bedroom + den condo units at $1800 to $2200 per month
2 Bedroom condo units at $2200 to $2800 per month
2 Bedroom + den condo units at $2500 to $3000 per month
3 Bedroom condo units at $2800 to $3500 per month
Express Condominiums on the Subway is launching this September 2017 for pre-registrations sales. Located at 4 Tippett Rd and 6 Tippett Rd, this parcel of land will consist of three condo towers that will be connected to eachother with a 6 storey podium. Two of the towers are 16 storeys high, and the third tower is 13 storeys high. In total, the three residential condos will have six hundred and fifty one (651) units. In addition, 1,319 square meters will consist of non-residential space such as commercial and retail units that will front onto Tippett Rd.
The three residential towers will consist of two phases, the east phase and the west phase. A 4 meter wide public road will divide the two phases. Five hundred and sixty (560) parking spots will be available at Express Condominiums on 2 underground parking levels. Of those parking spots, only four hundred and eighty three (483) spots are designated for residential condo parking, the rest of the seventy seven (77) spots are for visitor parking and commercial / retail parking.
An 11,000 Square Foot Public Park is also being developed at the site. The public park will be at the north west corner of 4 Tippett Road. This is the closest point to the Wilson Subway station. In addition, it is possible that the Fast Track Home Ownership program could be offered to some buyers at this site. The Fast Track Home Ownership program was used by Malibu Investments at Southside Condos accross the street from Express Condos, and it is likely that the program will be brought back. The fast track program is a government run program that helps first time home buyers get into the market by helping out with the down payment. Only canadian citizens that are first time home buyers and make a lower household income will qualify for the program.
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