New Condominium Development The Buckingham at Grand Central Mimico
Coming soon to
23 Buckingham Street, Toronto, ON
Prices From The $500s
|Address||23 Buckingham Street, Toronto, ON||Occupancy||Anticipated For 2023|
|Beds||1 – 3 Bedrooms||Suite Size Range||
|Average Price per Sqft||–||Starting Prices||
Prices From The $500s
Introducing The Buckingham at Grand Central Mimico, the first edition coming soon to an exciting Master-Planned Community joining The Mimico Triangle at Royal York Rd & Evans Ave in Etobicoke! Consisting of Nine Towers, Grand Central Mimico will feature direct access to the Mimico GO Station, over 2500 residential suites, retail, commercial and parks. Not only that, but future residents are perfectly placed just moments from the Gardiner Expressway, CF Sherway Gardens, Restaurants, Big Box Stores, magnificent views of the Toronto skyline across Lake Ontario and so much more!
This stunning project has been dubbed Grand Central Mimico and will be an epicentre of retail, offices, and restaurants in addition to bringing hundreds of new residential units to an exciting neighbourhood. Close to a GO station, and with plenty of new developments in the area, Grand Central Mimico is part of a regeneration of southern Etobicoke, making this an exciting investment opportunity.
REASONS TO BUY
A new era of connected living to Toronto. This master-planned community, Grand Central Mimico, will see a modern reconstruction of the Mimico GO Station integrated seamlessly into the community. Daily ridership at Grand Central Mimico is expected to increase threefold in the next 10 years, and residents of Grand Central Mimico will benefit most from this unprecedented access to highly connected transit.
This state-of-the-art station makes it easier and faster to get riders to where they need to be. Conveniently located only two stops away from Union Station, the city’s busiest and most significant transit hub, and one-stop away from Exhibition Station, the future south-west terminus of the Ontario Line. Just minutes to the downtown core, Grand Central Mimico is the GTA’s greatest transit redevelopment story!
The massive transformation of the Mimico Triangle includes a 1.25 km Greenway, a multi-use path along the rail corridor and over 200,000 square feet of retail and office space, including an urban grocery store and restaurants. The future home of a true urban experience that fosters both a welcoming, all-inclusive residential community and a thriving business environment: welcome to the future of living at Grand Central Mimico!
Residents at Grand Central Mimico will be just ONE stop from the proposed Ontario Line which will connect the city like never before! The Ontario Line will feature 15 Stops across 16 km, allowing riders to travel seamlessly from the Exhibition GO Station to the Ontario Science Centre in just 30 minutes!
Just a quick 4-minute commute to the Gardiner Expressway seamlessly connecting you to Highway 427 & the QEW in minutes. Accomplish all of your daily errands with impeccable ease being just 10 minutes from CF Sherway Gardens which features over 190 top retailers and is also surrounded by Big Box stores such as Ikea, Best Buy, Home Depot, Walmart and so much more! You are also just 5 minutes from the nearest Costco.
Less than 10 minutes from Humber Bay Park where you can enjoy beautiful views of the Toronto skyline across Lake Ontario, 10 Minutes from Humber College Lakeshore Campus which is home to more than 10,600 full-time students.
Register Now to get access to the VIP Prices and Floor Plans of Exclusive Low maintenance Fee for these Condominiums in Toronto, ON. Please click here and fill out the form and we will send you more info as soon as possible.
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We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of builder – NOT you and they do not disclose many points those may not be in your best interest. We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.
We are Independent Realtors, part of RE/MAX Realty Specialists inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.
All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.
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.
How do I reserve a unit or lot in this project?
Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.
What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?
Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?
Working with us as your Platinum agents give you several benefits
- You get the highest level of access in the building or in the new home project.
- You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives and terms.
- We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being top-selling pre-construction agents and investors since 2007.
- Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- Our services to you as a buyer are free
Do I get a cooling-off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.
If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 month to get your rebate back.
What are my closing costs on a pre-construction condo or house?
Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.
Contact RE/MAX Team Paliwal for more details
Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?
No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo or house? How much is the assignment fee?
Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.