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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Harry Riahi Sutton Group-Admiral Reality Inc.
plaza on yonge condos building
plaza on yonge condos early architectural building drawing

Plaza on Yonge Condos Overview

DeveloperPlazacorp Urban Residential
Building TypeCondo
Address 5858 Yonge St, North York, ON
Occupancy Date 2026
Price Rangelow $600k-mid $1m
Price / sq ft from 1300+
Floors32
Suites408
Size Range592 - 1238 sq ft
Architectsquadrangle architects ltd

Table of Contents

Gallery

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.

BDR
Size sq ft
Starting From
Plan
Studio
Ask Agent
Ask Agent
plaza on yonge studio floor plan
1B
432
$669000
plaza on yonge 1 bed-floor plan
1B+D
583
$799000
plaza on yonge 1+1b-floor plan
2B
620
$939000
plaza on yonge 2 bed-floor plan
2B+D
Ask Agent
Ask Agent
plaza on yonge 2+1 bed-floor plan
3B
842
$1069000
plaza on yonge 3 bed-floor plan
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.

Harry Riahi Sutton Group-Admiral Reality Inc.

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.

plaza on yonge phase 1

Amenities

Location

Plaza on yonge condos location

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.

Harry Riahi Sutton Group-Admiral Reality Inc.
plaza on yonge condos building

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.

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

Sales Representative

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plaza on yonge studio floor plan
plaza on yonge 1 bed-floor plan
plaza on yonge 1+1b-floor plan
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plaza on yonge 2+1 bed-floor plan
plaza on yonge 3 bed-floor plan
Call Agent: (416) 587-5913