Adagio Condos : 771 Yonge St, Toronto, ON
Adagio Condos is a new pre-construction condo project by Menkes Developments at 771 Yonge St, Toronto, ON. Conveniently Located at Yonge and Bloor. Nearby major downtown Toronto universities and colleges, luxury shopping, fine dining, and charming restaurants.
Adagio Condos begins occupancy in Q4 2024 but these incredibly sought-after properties are sure to go quickly. Be the first to access the latest floor plans, price list and exclusive incentives.
Units are selling fast
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Adagio Condos Overview
| Developer | Menkes Developments Ltd |
| Building Type | Condo |
| Address | 771 Yonge St, Toronto, ON M4W 2G4 |
| Occupancy Date | Q4 2024 |
| Price Range | Starting at $600's |
| Price / sq ft from | $1650+ |
| Storeys | 29 |
| Suites | 202 |
| Size Range | 372 sf - 973 sf |
| Architects | GBCA architects |
Table of Contents
Adagio Condos Floor Plans and Price List
Adagio Condos offers an array of luxury units and elegant floor plans, giving you ease when furnishing your dream home.
BDR | Size | View | Starting Price | Plan |
|---|---|---|---|---|
Studio | 372 Sq | East | $688,990 |  |
1B | 433 Sq | North | $890,990 |  |
1B +D | 675 Sq | West | $1,204,990 |  |
2B | 773 Sq | North | $1,255,990 |  |
3B | 973 Sq | North | $1,798,990 |  |
Platinum Floor Plans and Pricing
All varieties of floor plans are available. Fill the form below to get all floor plans and full price list in no time!
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Features & Location
Luxury living awaits you at this new boutique condo in the heart of Yorkville.
Amenities
- 24-hour Concierge
- Pet Spa
- 4. Fully Equipped Fitness Centre
- Lobby Lounge
- Co-Working Space
- Parcel Room
- Bar Lounge/Party Room
- Catering Kitchen
- Dining Room
- Fireplace Lounge
- Outdoor Dining with BBQ
Location
- 100/100 walk score
- 98/100 transit score
- Located in Yorkville, one of Toronto’s most dynamic neighbourhooods
- Bloor-Yonge Subway Station within a minute walk
- Don Valley Parkway is five minutes from Yorkville
- Many retail stores, fashion boutiques, jewelry stores, antique shops, and art galleries are popular tourist attractions
- The Metropolitan Toronto Reference Library
Incentives
Locker
Ask Agent
Parking
Parking: $180,000 (3 Beds Only)
Deposit Structure
$10K with offer
Balance to 5% in 30 days
2.5% in 120 days
2.5% in 240 days
2.5% in 390 days
2.5% in 540 days
2.5% in 690 days
2.5% in 840 days
Total 20% + 1% on occupancy
Maintenance Fees
Ask Agent
Assignment
Yes
Levies
Studio to 1 Bed+Den: $12,500+HST
2 Bedroom & Larger: $16,800+HST
VIP Sales Package
Ready for VIP Platinum Sale? Register now to receive floorplans, price list, and VIP sales package
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Developers
Menkes Developments Ltd
Menkes Developments Ltd is a family-operated business with deep roots in the city of Toronto. The Company was established nearly 65 years ago by Murray Menkes, an entrepreneur, visionary and successful businessman, who initially wanted his business to be focused on building single-family homes that delivered outstanding quality and lasting value. Over the years, Menkes grew to creating entire mixed-use communities, becoming a fully integrated, multi-disciplinary real estate development company.
Today, carrying on the legacy of their late father, Menkes is led by Murray’s three sons Alan, Steven and Peter, and his grandsons Jared, Jason, Adam and Sean, who not only oversee the execution of the Company’s vast portfolio, but share a common commitment to shape the landscape of Toronto.
771 Yonge St, Toronto, ON M4W 2G4
FAQ - Adagio Condos
We understand that you may have questions regarding Adagio Condos, and we are delighted to answer. In this regard, we have provided answers to most of the frequently asked questions.
Do I need to have a lawyer to purchase a condo in Adagio Condos?
Initially, when you need to sign the agreement, you wouldn’t need a lawyer. On the other hand, we always advise that you use a qualified lawyer to review the purchase and sale agreement after you sign it. This can be done within your 10-cooling-off days. If you have trouble getting a lawyer, we can be of immense help.
Do I get a cooling-off period?
Yes, you’ll certainly get a cooling-off period. The cooling-off period is 10 calendar days, not business days. The cooling-off period basically allows you to have a lawyer review your contract with you if you wish and get a mortgage pre-approval letter.
Do I need to have a mortgage pre-approval to buy any condos in Adagio Condos?
More than half of the builders will need you to show them proof of financing ability. However, you don’t need this to sign a contract. But you’re expected to show them within 60 days of signing.
Do the prices for Adagio Condos units include HST?
Well, this entirely depends on your reason for purchase.
If you’re purchasing the condo yourself and plan to move in, then yes, the prices include HST. However, you won’t be paying anything at the final closing.
If you’re purchasing the condo as an investment rental property, you will have to pay 7.8% of the purchase price as HST at the final closing.
This money is going to be remitted to CRA. However, as a rental investor renting out your property, you can immediately apply to the CRA to get this money back. It takes about one month to get your rebate back. Please consult with your accountant for the most updated regulations.
What are my closing costs on a pre-construction condo in Adagio Condos?
Endeavor to know that closing costs tend to vary across a variety of reasons. One major reason is the actual purchase price of the condo you’re buying, while other reasons are the builder, the type of condo you’re buying, and the city you’re buying in.
Averagely speaking, you can expect to pay 3 – 5% of the purchase price in closing costs when buying a brand-new condo.
Are there any hidden fees when buying any of the Adagio Condos?
No, buying an Adagio Condos comes with no hidden fees or charges. This is because every fee is well spelled out in the agreement of purchase and sale. As said earlier, all buyers have 10-calendar days to review the agreement and advise them on the exact closing cost amounts.
If you need a lawyer to review your agreement, we can refer you to several expert law firms that will review your agreement meticulously.
Can I assign my condo? How much is the assignment fee?
Most condo builders allow you to sell your unit before the building is complete. This process is referred to as selling by “assignment.” This kind of selling comes with a legal and assignment fee. These fees range from $1000-$5000.
