November 17, 2018  
   

LINE 5 CONDOS

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PROJECT INFORMATION

 

Development Name: LINE 5 CONDO

Developer: Reserve & Westdale Properties

Address: 117 Broadway Ave, Toronto ON M4P 1V3

Main Intersection: Yonge St & Eglinton Ave E

Number of Storeys: Total 5 towers, 35 Storeys (Phase 1)

Number of Units: 500 Units  (Phase 1)

Architect: Graziani + Corazza Architects Inc.

Building Type: Condominium

Unit Type: Studio – 3B

Unit Size: 345 – 926 Sq. Ft.

Starting Price: High $300s

Interior Designer: U31

Parking Price: $69,000 (Parking is only available to suites 700 sf and larger. Other suites will be waitlisted)

Locker Price: $5,000

Est. Occupancy Date: Sep 2022

Est. Maintenance: $0.58/sq. ft (Water and Hydro are separately metered. Gas is included)

Estimated Taxes: 1% of Purchase Price

 

 

DEPOSIT PAYMENT STRUCTURE:
Domestic Deposit Structure
• 5% on Signing
• Balance to 5% in 30 Days
• 5% in 120 Days
• 5% in 270 Days
• 5% in 500 Days

International Deposit Structure
• $5,000 on Signing
• Balance to 10% in 30 Days
• 10% in 120 Days
• 10% in 270 Days
• 5% in 500 Days

 

 

 

DEVELOPMENT LEVIES:
• Studios/1Bed/1Bed&Den: $9,900 | 2 Bedroom & Larger: $12,900

 

 

BUILDING AMENITIES:
• Pet Spa – Fitness Studio
• Personal Training Studio
• Steam & Sauna Rooms
• Indoor Pool & Spa Lounge
• Juice & Coffee Bar
• Party Lounge
• Art Studio
• Outdoor BBQ Lounge, Theatre, Lounge, Yoga & Zen Garden
• Outdoor Pool, Game room & Lounge
• Library Lounge
• Change Rooms & Showers

 

 

About the Developer

Reserve Properties Ltd. is an active developer in residential, commercial and mixed-use properties. With over three decades of experience, the Principals have been active in 90 projects encompassing more than 7,800 homes and one million square feet of commercial space across North America including Montreal, Toronto and Vancouver. The Senior Management Team spans two family generations, offering extensive expertise in all aspects of real estate development, construction and financing. Reserve Properties is a firm believer in the importance of hiring the best professionals and advisors to help bring each venture to life. This philosophy, coupled with a steadfast commitment towards placing the best interests of its clients and customers first, has helped the company achieve the success that it enjoys today.

 

About the Developer

Westdale Properties has 60 years of experience in owning, managing and developing real estate across Canada. A few of these propertes are located in major Canadian cities, Kingston, Amherstview, Brockville, and Dartmouth in Nova Scotia. Westdale Properties is committed to their partners, suppliers and tenants in every step of each project. Some of their popular joint ventures consist of the Nobu Residences, Theory Condos and Sage Condo developments in Waterloo.

** WE DO NOT REPRESENT THE DEVELOPER **

 

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All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
*We do not represent the builder
 
 
 
 
 
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CONTACT

Lilian HannaSales RepresentativeDirect: 647-284-2244Bus: 905-604-6595

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