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The Manderley Condos – MOVE IN September 2023/From the High $400’s

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Condo
12 storeys
Completion: 2023

Description

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Introducing The Manderley, an exciting new development in the Birch Cliff neighbourhood of Scarborough. A boutique mid-rise, The Manderley will combine modern aesthetic with a small-town feel. The neighbourhood of Scarborough’s Birch Cliff is quaint and charming, so developers had to ensure that the new development increased the density in the area, but didn’t overwhelm this small community. 

Being developed by Nova Ridge Developments, and still in the pre-construction phase, The Manderley will be set along a stretch of Kingston Road going through some exciting changes. Set against the backdrop of Birch Cliff’s verdant parks and ravines, plus a quick trip of Scarborough’s famous bluffs, The Manderley is in one of the GTA’s most unique little pockets. As a result, this development is expected to sell very quickly, as eager investors look to get in early on a trendy new location.

Set within the established Birch Cliff neighbourhood, The Manderley Condos is a proposed 12-storey condominium with retail at grade that combines contemporary design with village charm. Located in the heart of the Birch Cliff Common, the main commercial node for the community, the surrounding area is rich with retail shops, restaurants, parks and ravines with the beach and its endless attractions literally minutes away.

The Manderley Condos

The Manderley Condos Highlight:

  • Located at the heart sea of Scarborough
  • Only 5 mins to Victoria Park Subway Station
  • 6 mins to Danforth GO Station
  • Close to Scarborough Town Centre
  • Close to University of Toronto Scarborough Campus
  • Close to Go Train station
  • Close to Canadian Tire, Walmart Supercentre, Home Depot, LCBO
  • Great lakeview with Terrace
  • 20 mins to Downtown Toronto
  • Over 9,100 sf of indoor and outdoor amenities
  • Close to Toronto Zoo, Scarborough bluff park, Cathedral Bluffs Park,Cudia Park

Kingston Road is steadily stirring, overflowing with quiet potential, surrounded by picturesque natural beauty and a host of nearby amenities – a builder’s dream for those with the vision to see it.

Manderley Condos has a Walk Score of 68 out of 100. Transit score of 63 out of 100.This location is in the Cliffcrest neighborhood in Toronto. Nearby parks include Bluffer’s Park, Scarborough Bluffs Park and Bellamy Road Park.

Top 5 Reasons to Invest in The Manderley Condos

1.Location

The area around the Scarborough Bluffs is an important new area for development in the GTA. Picturesque and slower in pace, Birch Cliff in particular is a village unto itself amidst the larger city. 

With incredible views and breathtaking green spaces like the various parks and ravines in the area, Birch Cliff is the perfect neighbourhood for a number of different demographics. From families looking for a suburban lifestyle to mature couples or professionals looking for a quiet, soothing community to set down roots, just about anyone would find the area hard to resist. 

The Manderley

The development itself will be located right in the heart of the community’s commercial centre, at the corner of Kingston Road and Manderley Drive. The Manderley will be minutes away from countless attractions and amenities. Places like the prestigious Hunt Clubs, or the beaches and hiking trails along the Scarborough Bluffs. Take an afternoon strolling by the shores of Lake Ontario, or take a dip in one of the area’s many sandy beaches. 

As a result of it’s excellent location, developers have been keen to densify the neighbourhood of Birch Cliff, and bring a new generation of residents to this idyllic area. 

2.Amenities

In the proposal, Manderly sits eleven storeys, and contains 185 units. Like many condos in development, The Manderley will be a mixed-use building, with the entire ground floor acting as retail and business space. 622 square metres of space at street level will be Restaurants, cafés, and other amenities to greet residents as they step out their front door every morning.

The developer has indicated a warm, contemporary design with it’s early renders. Earth tones, and calming natural materials and design will make the Manderley a calming place to return to after a long day. In addition, this project will focus on large windows, a step-back design that reduces the imposition on the street below, and bright, open terrace designs to maximize resident’s access to light, and to stellar views of the gorgeous bluffs nearby. 

The Manderley

While the building is still in the planning phase, we know that the building will have 185 units broken up into a wide variety of configurations. 15 Bachelor units will complement an array of 73 one-bedroom units, 85 two-bedrooms, 12 larger three bedroom units as well as a number of townhouses on the street level. 

In addition, residents will be able to have access to 193 parking spots in an underground parking garage. 

3.Transit Options

Scarborough is directly connected to the rest of Toronto by the world-class TTC transit system. Along with extensive bus line grids, Scarborough is at the eastern terminus of Line 2 Bloor-Danforth, with stations Victoria Park, Warden, and Kennedy. Further, Line 3 Scarborough continues on throughout the borough, running north and east towards Scarborough City Centre. Metrolinx, the Ontario-owned parent company of the TTC, plans to extend this line within the next decade, and a new Light Rail Transit line is currently in construction, with plans for connections to Kennedy Station.

Commuters looking for other options will be pleased to know that like most other communities within the GTA, Scarborough is well-connected by the GO Transit lines as well as York Region Transit. 

Scarborough is so closely connected to Downtown Toronto that it shares many of the same major streets – recognized names like Eglinton, St. Clair, and the Danforth all cross within the borough, providing intimate links to many of downtown’s smaller communities. 

Travellers and explorers have a simple escape from the big-city in the form of the Highway 401, Canada’s largest highway, which cuts right through the centre of Scarborough. Drives out to Kingston, up north to Barrie and the Muskokas as well as travel around the Golden Horseshoe, and down into Niagara are all simple trips.

4.The Developer

Nova Ridge is an experienced developer of condominiums in the Greater Toronto Area, bringing quality product to end users of real estate. The team is committed to ensuring a high standard of professionalism and customer care throughout the development process.

The success of purchasers defines Nova Ridge’s success as a developer. From business leaders to residences, Nova Ridge is committed to providing a home to launch each individuals personal success. Building sustainable and innovative environments is the guiding principle for Nova Ridge Development.

5.Investment Opportunities

The Manderley

Scarborough is a dynamic area, with a wide array of communities and investment opportunities. Most of the recent development has occurred near the Scarborough Town Centre, as this area becomes more and more connected with the rest of the GTA through it’s dedicated TTC line and other infrastructure projects.

As a result, the entire area has sprung up with new developments, condominiums and master-planned communities. When you combine that with the area’s natural greenspaces, it’s parks, beaches, and ravines, and Scarborough becomes an increasingly attractive area for investors. 

The average selling price for pre-construction condos in Scarborough sits affordably within the low $300K range, and new listings maintain a $523 price per square foot. Considered one of the best neighbourhoods in the city for price appreciation, homes in Scarborough are a solid investment.

Property Features

  • ARCHITECT: Studio JCI
  • UNITS: 198
  • UNIT SIZES: 364 to 1,105 sq.ft
  • PARKING: $49,990+HST (available to purchase for 1B+D and larger suite over 603sf)
  • LOCKER: $6,900+HST (available to purchase for 1B+D and larger suite over 620sf)
  • DEPOSIT: $5,000 on signing ; Balance to 5% in 30 days ; 5% on February 1 2021 ; 5% on January 1 2022 ; 5% on Occupancy
  • MAINTENANCE: $0.63/sf ; Parking $70/month ; Locker $25/month
  • ESTIMATED COMPLETION: September 2023


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