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One Crosstown Condos by Aspen Ridge ( West Condos, Studio Condos ) is the first phase of Crosstown Community Condos at Eglinton East and Don Mills. This is a master-planned community sitting on the previous lands of IBM Canada, originally designed by famous architect John B. Parkin.
Crosstown Community Information:
Crosstown Community in a Glance:
The Crosstown Community sits on 64 acres and hosts the following:
- 16 Condo Towers
- Several Mid Rise Residential Buildings
- Office Complex
- Shopping Complex
- Community Centre
- Large Park
- Bicycle Lanes
- Access to Transit
One Crosstown Condos Information:
One Crosstown Condos is the first release of residential condo tower in the project.
One Crosstown is comprised of two towers, 32 and 39 stories, hosting 687 residential units in total. Residences begin on the 6th and 9th floors, accordingly.
All units One plus Den or larger come with one parking spot. One bedroom and bachelor units may purchase parking for an additional fee. To upgrade any parking spot to EV plug, add $7,000.
Send me The One Crosstown Investor Package:
Crosstown Frequently Asked Questions:
About the Project:
Located on the northwest corner of Don Mills Rd & Eglinton Ave. This 64 acre multi-phase residential and commercial development will consist of high-rise towers, mid-rise towers, stacked townhomes, and rear lane townhomes.
About Phase One (One Crosstown):
Phase 1 sits on the most westerly point of the site and consists of two residential condominiums (a 32 storey tower and a 39 storey tower which includes a 4 storey podium).
One Crosstown Detailed Information:
- Total of 3 levels of underground parking and 4 elevators in each tower
- Lockers are $5000 each
- Parking is included for all suites 1+den and larger. For 1 bdrm suites parking is $50,000 each
- Electric Vehicle Parking $57,000 (or an additional $7000 for suites that are 1+den and larger)
- Ceiling heights â€“ 9â€™ in the tower (excluding bulkheads)
- Architect: Core Architects
- Interior Designer: MNID
- Landscaper: The MBTW Group
- Floor premium – $1000 per floor (exceptions may apply)
- Maintenance fees â€“ approx. $0.55/sf includes bulk internet (hydro, water, energy and gas (if
applicable) consumption are separately metered), $50/mth for parking, $20/mth for locker
- Tentative Construction Start: Fall 2020
- First Tentative Occupancy Date: Nov 2023
- Outside Occupancy Date: Nov 2025
- 24 hour concierge, dog wash station, lounge(s), meeting room, games room, gym, yoga studio, party room, dining room, bar, and outdoor terrace
- # of guest suites – 6
- Property Management â€“ Forest Hill Kipling a Division of Kipling Residential Mgmt Inc
Canadian Resident: (total of 25% of the Purchase Price)
- 5% with offer
- 5% in 60 days
- 5% in 365 days
- 5% in 540 days
- 5% on occupancy
Foreign Purchaser: (total of 35% of the Purchase Price)
- 10% with offer
- 10% in 60 days
- 5% in 365 days
- 5% in 540 days
- 5% on occupancy
One Crosstown Condos Gallery
One Crosstown Floorplans
Why Invest in One Crosstown?
Investing in One Crosstown is, in my opinion, a good and solid long-term option for Real Estate investors and condo dwellers. Here are my main reasons:
- Location is fantastic
- Connected by LRT, Roads and TTC Public Transport
- Master Planned Community – all you need on-site
- 700,000 Office Space – many, many jobs
- 100,000 Community Center – perfect for socializing and families
- 5-Acre Park – refresh and renew (and take your kids out)
- Bicycle Lanes – take a little vacation every day
- Greenery and Ravines around – fresh clean air
In essence, the Crosstown Community is what we call a “Master Planned Community” where the designers put the residents in the centre of the development, people-first approach.
Developed by Aspen Ridge
The developer, Aspen Ridge, is know for many years of building quality homes and condos. The architects/designers are some of the best in the world, and have successfully completed many quality projects. This is one of the best and most experienced development teams we have today.
A Master-Planned Community
Investing in Master Planned communities is a safe and solid way to invest: the developer has pre-planned and designed the entire area (64 acres). Calculations are taken to ensure there are enough amenities, parking, roads and communal areas to all residents.
The communal aspect is also evident in the million square feet of non-residential spaces built:
- 700,000 sqft of Offices
- 100,000 sqft of Community Centre
- Shopping Centre
- 5 Acres of Park
- Bicycle Lanes
- Walking Trails
Jobs will be created, to serve the residents, buildings, amenities and community. One could live work and spend most of their time on the grounds, without the need to leave at all.
This is similar to Jane Jacob’s vision of “The Modern Village” – a self-contained urban area that encompasses all the living necessities for its residents.
How to Buy in a Large Project:
To get the most out of your investment funds, you must first set goal for your investment, and then “zoom in” to the unit type that fits your real Estate Investment Criteria the best.
For example, you are a first-time home buyer or investor and you have limited funds. In this case, we’ll look for the best possible one or one plus den unit for you. We will search the most optimized floorplan, the best views, the best location within the building/project and the best ROI that we can find.
If you are a seasoned investor and is looking for a larger investment, you have more options: you could purchase several smaller units (on/One plus den), or, you could focus on two bedroom units and townhomes.
The lager units will, in my opinion, be high in demand as years go by. Young residents turn into young families, and those, in return, need more space and all the services and comfort that families require.
Here, we have all the services, green space, shopping and plenty of transportation options for growing families. The parents may work and love in the project, enjoy the large outdoor spaces, shop on location, visit the dentist (in the commercial area), enjoy an area school and make friends with other young families. its all about community and that’s the focus here.
Moreover, as the city continues to grow and develop, areas that once deemed “far” become central. Downtown is becoming exceedingly busy and noisy and families look for other places to live, close enough to the core, but not in it.
With every project, jobs are created, and one no longer need to travel downtown to work. You may work from home, from the office on the complex or from an area work of place.
As Thousands of people move in the area, it will grow exponentially, lifting values and creating new communities in these sectors. Now is a good time to get involved, as prices are the lowest they will ever be.
How to Get More Information:
For more information about One Crosstown, and for current availability and prices, contact Yossi Kaplan or use the form above.
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