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!
Your information will not be given to any 3rd party and can be deleted upon request.
Concord Sky Overview
| Developer | Concord Adex |
| Building Type | Condo |
| Address | 391 Yonge St, Toronto, ON M5B 1S1 |
| Occupancy Date | Q22026 |
| Price Range | From the $700's |
| Price / sq ft from | $1500/sqft |
| Floors | 95 |
| Suites | +1000 |
| Size Range | 423-1055 sq.ft |
| Architects | Kohn Pedersen Xox |
Table of Contents
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.
BDR | Size Range | Starting From | Plan |
|---|---|---|---|
Studio | 423 | $700,000 |  |
1B/ Jr. 1B | 475-553 | $800,000’s |  |
1B+D | 505 – 570 | $900,000 |  |
2B | 672-915 | 1,000,000 |  |
2B+D | 902-1213 | $1,300,000 |  |
3B | 1055 | $1,600,000 |  |
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.
Amenities
- 24 Hour Concierge
- Games Room
- Fitness studio
- Lounge
- Co-Working Space
- Parking
- Party Room
- Outdoor Oasis
- Private Study Rooms
- Outdoor Lounge
Location
- 98/100 walk score
- 100/100 transit score
- 3 minute walk to St. Andrew Subway Station
- Yorkville is right around the corner
- U of T and Ryerson minutes away
- Near by local cafes, restaurants, boutique shops, and entertainment options
- A Hub for Healthcare
- Walking distance to Rogers Centre, Roy Thompson Hall, Art Gallery of Ontario and TIFF Bell Lightbox
- Nearby parks include Grange Park Toronto, St. Patrick’s Square and Simcoe Park
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
Free
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.
Developers
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.
