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8188 Yonge Condos-MOVE IN Fall 2023/From the $478,500

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Condo
10 storeys
Completion: 2023

Description

 

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8188 Yonge Condos, A new exciting project is being proposed to the GTA’s Vaughan region. A beautiful new 12-storey building, co-developed by Trulife Developments and Constantine Enterprises Inc will rise at the southwest corner of Yonge Street and Uplands Avenue. 

This luxury mid-rise project is in the pre-construction phase, and has a tentative occupancy date of Fall 2023.

8188 Yonge Condos Highlights:

  • 30,000 sf of outdoor amenity and greenspace
  • 10,000 sf of indoor amenity space
  • spacious suites with generously sized private balconies
  • 5 mins walk from the future Subway Station
  • 2 mins walk to VIVA Rapid Transit
  • 8 mins walk to schools
  • 10 mins walk to Uplands Golf and Ski Club
  • will be located between Langstaff and Longbridge TTC station after Yonge subway line extension
  • minutes drive to HWY 407
  • Easy commute to Downtown Toronto in just 20 mins
  • 3 mins commute to Richmond Hill GO/VIVA station
  • located in just 10 minutes north of Toronto
  • Unobstructed golf course and protected green space views
  • 2 mins walk from grocery stores, restaurants, coffee shops, banks and pharmacies
  • Spacious suites each with a generously sized private balconies and terraces
  • Nearby parks include Langstaff School Park, Riverside Park and Cricklewood Park
  • Walk Score of 69 out of 100 and a Transit Score of 51 out of 100

Top 5 Reasons to invest in 8188 Yonge Condos

1.Location

Vaughan is going through a period of growth and redevelopment. With the launch of the new Mackenzie Vaughan Hospital and other projects in the area, condominium development is increasing in the last decade. 

8188 Yonge Street Condos will be only 10 minutes by car away from the Vaughan Metropolitan Centre, the new downtown core of the area. The Metropolitan Centre will have over 440 acres of office towers, condos, parks, shops and hotels, employing 36,000 people, including residents who’s commutes will be only minutes. All of this will be connected by both walkways and cycle paths. A bold new vision for Vaughan, this exciting project will be an epicentre for the entire area, and one end point of the TTC subway Yonge-University line.

The City of Vaughan has long made a priority to maintain their many green spaces. There are hundreds of parks and community green spaces with all kinds of community events and amenities. Parks are easy to access, safe, and provide endless outdoor activies from Volleyball to off-leash dog parks. The area is also well known as a hot-spot for gold courses, with a number of different clubs within a short drive.

Located on the border with Markham, 8188 Yonge Street will in some ways be a development with one foot in each of these thriving GTA communities. With York University setting up a campus in Markham, 8188 Condos might be the perfect place for students and faculty to invest in a home.

2.Amenities

8188 Yonge Condos will be a towering, beautiful modern condominium project on the border between Vaughan and Markham. It will rise 10 storeys and contain 284 units. Suites will be divided into 1 bedrooms, 2 bedrooms, 2 bedroom + dens, as well as containing 4 luxury town homes along the ground level of the building. 

Suites will have gorgeous floor-to-ceiling windows, and 9-foot ceilings. In the kitchen, custom millwork with soft close drawers, quartz countertops and backsplash will make cooking a stylish, relaxing affair. LED lighting, and individual heating and cooling will make each suite modern, and completely personalizable. 

Perhaps best of all, most suites will feature private balconies, while luxury penthouse suites will feature private rooftop terraces. Take in a gorgeous sunset, or watch a storm roll in over the Toronto skyline. 

8188 Yonge

The 3 customizable balcony packages. From top to bottom: ocean, forest garden.

  • Ocean – an energizing area to feel revitalized
  • Forest – warm and inviting
  • Garden – pure tranquility

The exterior is a stylish tower rising 10 storeys. With a stylish exterior featuring glass, stucco, brick and stone as parts of it’s facade, 8188 Yonge will have an eye-catching presence on Toronto’s most famous street. 

A grand lobby will welcome residents and visitors alike, and feature key fob entrances. Inside the building, shared amenities will include a Fitness Centre and Wellness Centre, Entertainment Louge with a Catering Kitchen, Guest Suites, Library, Media Lounge, Pet Spa, and a Children’s Play Area. 

On the sixth floor, an Entertainment Space with a wrap-around terrace and BBQ area will be the perfect place for entertaining family and friends.

Outside, the amenities continue with 30,000 square feet of outdoor amenity space. Sunbathe, or do some laps in the gorgeous outdoor swimming pool. Outdoor fitness facilities also include a Yoga and Exercise space, Children’s Play area, Dog Park, as well as an Infinity Walkway, a park and green space, and sun deck with Cabanas.

8188 Yonge Condos

3.Transit Options

Transportation within the city and to it’s neighbouring municipalities within the York Region is simple and affordable, with the aptly named York Region Transit (YRT) and thanks to the TTC Line 1 Yonge-University line, residents will have an easy 40 minute ride to Union Station in the heart of Toronto, just by hopping onto the subway from Vaughan Metropolitan Centre Station – the only TTC subway stop outside of Toronto itself. 

Transit for 8188 will only continue to get better thanks to a new agreement with York Region for an extension to the Yonge Line 1 Subway line. The northward extension beyond Finch would bring subway service up as far as Richmond Hill, and would result in a subway station just a five minute walk away from 8188. 

Commuters can also take advantage of the GO Transit Barrie line, which has stops at Rutherford Station and Maple Station. The line runs from Barrie in the north to Union station.

8188 Yonge

The entirety of southern Ontario is just a short drive away from Vaughan. Highways 400 and 427 serve as major expressways connecting the city of Vaughan to Barrie, Lake Simcoe, and the Muskoka region, as well as into the core of the city of Toronto. Meanwhile the city itself is laden with a grid of county roads, many of which are 4 to 6 lanes, and provide easy travel within the city’s unique communities, and act as an excellent alternative to the occasional congestion of the GTA’s major highways. 

The highway 407 connects Vaughan with Pickering to the east, and Burlington to the west. A toll-based highway, the 407 is another popular alternative to the regular highways in the city.

4.The Developer

Trulife Developments is a home developer based in Markham founded on the idea that buyers shouldn’t have to compromise when choosing a home. In their construction projects, Trulife strives to define the very concept of comfort and luxury within the GTA housing market, while also ensuring that their homes are attainable, affordable or both.

Priding themselves on building sustainable relationships with their partners, Trulife believes that those relationships are the key to their success across the GTA. Approaching each project knowing that it is special, and focusing on remaining honest with both clients and partners, Trulife has comprised a team of highly skilled professionals with a worldwide point of view, applying their unique vantage point to every project. 

While based in the GTA, Trulife is spreading across southern Ontario, spreading their values of honesty, sustainability, and attainability to projects in many different communities.

Constantine Enterprises Inc. meanwhile, is a private real estate fund. Since 2013, it has been dedicated to acquiring and managing properties of the highest quality in Canada as well as internationally. Constantine has grown quite a bit since it’s inception last decade, but focuses on creating nimble business models so as to remain nimble, and adapt to the changing marketplace.

With urban office buildings, condos and apartment buildings, and even resorts and hotels in their global property portfolio, Constantine has a geographic focus that spreads across the globe.

5.Investment Opportunities

Vaughan has been rapidly growing since the beginning of the 21st century. Having nearly doubled in population since the early nineties, Vaughan is once again preparing for a real estate boom in the near future. New high-rise condominiums are being planned for the centre of the city – with emphasis on urban density and street-level activity. Street retail, boulevards, bike lanes, and green spaces will all lend a comforting, “downtown” feel to these new developments. 

As these new communities begin construction, the average selling price of pre-construction condominiums in Vaughan sit in the low $400K range, but continue to rise, with the average price per square foot at around $679. Demand for Condos is skyrocketing for the city as a low vacancy rate encourages more development and the city continues it’s rapid growth.

With Vaughan Metropolitan Centre continuing to expand and include new projects, this new epic centre to Vaughan will employ thousands of people, and those people will be looking to buy homes with short commutes, right in the heart of this exciting new metropolitan area. And with easy connections to two of York University’s campuses, Vaughan is looking to be an increasingly attractive place of residence for students, faculty, and the other staff of these massive institutions. 

On top of all this, with a new Hospital on the horizon as well, Vaughan is quickly becoming an employment powerhouse – and so this may be one of the best times in the city’s history to invest in the housing market.

Property Features

  • DEVELOPERS: Trulife Developments Inc. & Constantine Enterprises Inc.
  • ARCHITECT(S): TBA
  • UNITS: 282
  • PARKING: $50,000
  • LOCKER: $6,500
  • MAINTENANCE: approx. $0.65/sf
  • DEPOSIT: $5,000 on signing ; Balance of 5% in 30 days ; 5% in 120 days ; 2.5% in 390, 540 days ; 5% on occupancy
  • ESTIMATED COMPLETION: Fall 2023


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