Plaza on Yonge Condos: Floor Plans and Price list (Updated Jan 27.2022)
Plaza on Yonge Condos is a brand new master-planned community by Plazacorp, located at 5858 Yonge St, North York, ON. Plaza on Yonge will be a vibrant community with a range of amenities and services that will meet the needs of all residents with easy access to public transit, schools, shopping malls and more!
Plaza on Yonge phase 1 will feature 408 units, which range from Studio to 3 bedroom layout. Be the first to get the latest floor plans, price list and exclusive incentives.
VIP Sale Ends Feb 06, 2022!
Register now to get floor plans, full price list, and VIP sale package before the prices rise!
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Plaza on Yonge Condos Overview
Developer | Plazacorp Urban Residential |
Building Type | Condo |
Address | 5858 Yonge St, North York, ON |
Occupancy Date | 2026 |
Price Range | low $600k-mid $1m |
Price / sq ft from | 1300+ |
Floors | 32 |
Suites | 408 |
Size Range | 592 - 1238 sq ft |
Architects | quadrangle architects ltd |
Table of Contents
Plaza on Yonge Floor Plans and Price List (Updated: Jan 21,2021)
Plaza on Yonge Condos offers an array of luxury units and elegant floor plans, giving you ease when furnishing your dream home. Register now for our VIP list to be the first to get floor plans and Price list today.
Floor Plans and Pricing Package
All varieties of floor plans (56) are available. Fill out 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.
Features and Location
Plaza on yonge’s location is prime and the amenities are second to none. Be part of the new urban renaissance in the heart of North York, Ontario.
Amenities
- 24 Hour Concierge
- Games Room
- Fitness studio
- Lounge Areas
- Party Room with Kitchenette
- Wi-Fi Study Lounge
- Theatre Room
- Outdoor Pool with Pool Lounge
- Pet Spa
- Two (2) Guest Suites
Location
- located in the Heart area of North York
- 78/100 walk score
- 95/100 transit score
- 5 minute walk to the Finch Subway Station
- Close to shops, restaanturs and schools
- Nearby parks include Northtown Park, Silverview Park and Finch Parkette
- Short Drive to Hwy 404/401/407
- Step to Go and YRT Terminal
Incentives (Updated: Jan 21,2021)
Locker
$10,000
Available for 3 Bedrooms and Larger Suites)
Parking
Parking: $80,000
EV Parking: $130,000
(Available for 2 Bedrooms and Larger Suites)
Deposit Structure
5% by BANK DRAFT
5% in 180 days from signing
5% in 365 days from signing
5% at occupancy
Maintenance Fees
Ask Agent
Assignment
Free Assignment
Levies
$15,900 for Studios-1 Bed plus Den Suites
$17,900 for 2 Beds and Larger Suites/Townhomes
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
For several decades, Plazacorp has been investing in land, low-rise and high-rise development, and technology ventures that drive our innovation economy toward smarter cities and more livable communities. Integrity, transparency, alignment and consistent returns have become the foundations of our brand. A passion for innovation drives each of our business units.
Plaza On Yonge Location
5858 Yonge St, North York, ON M2M 3T9
FAQ
We understand that you may have questions regarding Plaza on Yonge, 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 Plaza on Yonge?
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 Plaza on Yonge 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 Plaza on Yonge Condos 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 Plaza on Yonge?
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 a condo at Plaza on Yonge?
No, buying a Plaza on Yonge 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.