Concord Sky Condos: The Tallest Building in Canada

Concord Sky is a brand new pre-construction luxury condo by Concord Adex at 391 Yonge St, Toronto. The tallest and most desirable new condo in Downtown Toronto, Concord Sky, will feature a 95-storey residential tower. This building will be located in the Yonge Street and Gerrard Street area, directly east of Yonge-Dundas Square.

Concord Sky Condos offers over 1000 units, which range from Studio to 3 bedroom layout. Be the first to get the latest floor plans, price list and exclusive incentives.

Units Now Selling (Jan, 2022)

All info in hand now. Register to receive floor plans, Price list and sales material in no time!

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Harry Riahi Sutton Group-Admiral Reality Inc.
concord sky condos
concord sky condos yonge & gerrard

Concord Sky Overview

DeveloperConcord Adex
Building TypeCondo
Address 391 Yonge St, Toronto, ON M5B 1S1
Occupancy DateQ22026
Price RangeFrom the $700's
Price / sq ft from $1500/sqft
Floors95
Suites+1000
Size Range423-1055 sq.ft
ArchitectsKohn Pedersen Xox

Table of Contents

Gallery

Concord Sky Floor Plans and Price List

Concord Sky Condos offers an array of luxury units and elegant floor plans, giving you ease when furnishing your dream home. The platinum sales package is ready now.

Floor Plans and Pricing Package

All varieties of floor plans (39) are available. Fill the form below to get all floor plans and price list in no time!

Your information will not be given to any 3rd party and can be deleted upon request.

Harry Riahi Sutton Group-Admiral Reality Inc.
BDR
Size Range
Starting From
Plan
Studio
423
$700,000
concord sky studio floor plan
1B/ Jr. 1B
475-553
$800,000’s
Concord Sky 1 bed floor plan
1B+D
505 – 570
$900,000
Concord Sky 1+1 floor plan
2B
672-915
1,000,000
Concord Sky 2Bed floor plan
2B+D
902-1213
$1,300,000
3B
1055
$1,600,000
Concord Sky 3Bed floor plan-min

Features and Location

Concord Sky’s location is prime and the amenities are second to none. Be part of the new urban renaissance in the heart of Downtown Toronto.

concord sky condos floor plans

Amenities

concord sky condos 391 yonge street

Location

Incentives

Locker

$18,000

EV-Parking (Units over 1000 sq.ft)

$180,000

Estimated Taxes

Approximately 1% of Purchase Price

Deposit Structure

5% on Signing

5% in 100-Days

5% in 200-Days

5% in 400-Days

5% on Interim Closing

Maintenance Fees

TBD

Assignment

TBD

Levies

TBD

VIP Sales Package

Register now to receive floor plans, price list and much more!

Your information will not be given to any 3rd party and can be deleted upon request.

Harry Riahi Sutton Group-Admiral Reality Inc.
concord sky condos yonge & gerrard
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Developers

Concord Adex logo

The Concord Group of Companies success has continued with Canada’s largest skyline defining communities, Concord Pacific Place in Vancouver and Concord CityPlace in Toronto. Concord has further expanded with numerous large scale master-planned communities across the Canada and is now developing in the UK. Concord has completed over 150 residential and mixed use buildings with more than 50 in various stages of planning and development.

Concord Sky Location

391 Yonge St, Toronto, ON M5B 1S1

FAQ

We understand that you may have questions regarding Concord Sky, 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 Concord Sky ?

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 Concord sky?

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 Concord Sky 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 Concord Sky?

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 Concord Sky?

No, buying a Sky Condo 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.

Harry Riahi
Sales Representative | Sutton Group-Admiral Realty Inc. . Licensed Agent Since 2004.

Sales Representative

concord sky studio floor plan
Concord Sky 1 bed floor plan
Concord Sky 1+1 floor plan
Concord Sky 2Bed floor plan
Concord Sky 3Bed floor plan-min
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