Gallery Towers Condos is a new high-rise pre-construction Condo development by Remington Group located at Birchmount Rd & Enterprise Blvd, Markham
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Details of Gallery Towers Condos-
- No. of floors – 25, 28
- No. of units – 222. 261, 14 townhomes ( Total 483 Units)
- Suites Starting floor- 1
- Development name – Gallery Towers
- Developer (s) – Remington group
- Sq footage from – 518 sq. ft. – 1548 sq. ft.
- Available in – 1 BR, 1BR+den, 2BR, 2BR+den, 3BR
- No. of Floor plans – 18
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Why to buy or invest in Gallery Towers Condos-
Gallery Towers Condos in Markham will be located in a growing community and is a right investment opportunity for downsizers, professionals looking to live near work place and investors.
Gallery Towers Condos provides the community with a perfect combination of functional design, modern sensibility and relaxed luxury. It provides plenty of entertainment opportunities. For nature lovers, there are around 200 parks, trails and pathways measuring to 150 KM where you can unwind and rejuvenate yourself while enjoying the beauty of nature. For art lovers, there are art galleries and historical heritage buildings supported by city of Markham A new campus of York University is opening in 2020. Globally high-tech companies like Aviva, Lenovo, IBM and many more are relocating their headquarters to Markham, which will create more employment opportunities here. Tallest building in York Region Liberty Square is just 8 minutes walk from Gallery Towers and provides employment almost 800 people per net hectare. Access to all major highways and public transit is at your door. Above all, tax rates are the lowest in Markham since 2009
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Highlights about Gallery Towers Condos-
- Prime location- Heart of Markham
- Very easy access to Hwy 407 & 404 and Steps to the YRT, VIVA & Union GO Station
- Plenty of entertainment opportunities available in the neighborhood like Varley Art Gallery of Markham, Kids town Water Park, Cineplex Cinemas Markham, and CF Fairview Mall.
- Markham Stouffville Hospital is just 10 minutes from Gallery Towers condos.
- Nearby parks include Milne Dam Conservation Park, Carlton Park, Toogood Park and Thomas Frisby Woods and others.
- Close to schools including the future York University Markham Campus
- Minutes drive to Markville Mall Stop where you can find major like Apple, Michael Khors, Saks off 5th, Banana Republic, Mac, Sephora, Body shop
- Under 8 minutes drive to Markham Civic Centre and Markham Town Centre
- 9 minute drive to Pan AM Centre
- 8-minute drive to YMCA, Smart Centre Woodbridge, Costco, Shoppers Drug mart and No Frills.
- A small drive to five golf clubs including Angus Glen Golf club, York Downs Golf and Country Club, Crest haven Golf Club, Bayview Golf and Country Club, York Downs Golf and Country Club, Markham Green Golf Club
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Rental Analysis of the community –
- Rentability– Neighborhood vacancy rates below 1% with less than 10 days on market
- Rental Appreciation– Rental rates appreciated an average more than 14% year over year (Source – Toronto Real Estate Board)
- Rental Rates in the area are following-
- 1 Bedroom- $1400- $2180; Median- $2000; Days in Market – 10
- 1 Bedroom + Den- $1900-$2500, Median – $2150; Days in Market – 07
- 2 Bedrooms- $1950-$2750, Median – $2500; Days in market – 09
- 2 Bedrooms + Den – $2650-$3010, Median – $2775; Days in market – 12
Leasing rates are expected to be much higher at the time of occupancy (These are last 60 days statistics from the date of getting updated leased units data from Toronto Real Estate Board i.e. April 29, 2022)
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Renderings of Gallery Towers Condos-
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Location of Gallery Towers Condominiums-
Enterprise Boulevard, Markham, York Region, Golden Horseshoe, Ontario, L6G 1B3, Canada
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Amenities at Gallery Towers Condos –
- Two storey grand lobby
- Indoor sports facility
- 24 hours access to Fitness Centre
- Social lounge
- Entertainment and Game Room
- Play Lounge for Kids
- Yoga and Dance studio
- Gourmet and kitchen and dining
- Many more
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Deposit Structure – All Deposits Payable to: BRATTYS LLP in Trust
- $5,000 on Signing (Demand Draft)
- 5% in 30 Days
- 5% in 60 Days
- 2.5% in 240 Days
- 2.5% in 365 Days
- 5% on Occupancy
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Occupancy
Tower D – March 2024
Tower E – August 2024
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Maintenance Fee
$0.63 per sq ft per month (Hydro & Water Metered Separately)
Additional Maintenance:
Parking $59.95/m
Tandem Parking $89.93/m
Bicycle/Storage Locker
$20.95/m
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Incentives (LIMITED TIME & Subject to change)
- Assignment
- Capped Levies
- Extended Deposit Structure
- And Many more
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Pricing (Free Locker with Purchase of a parking)
$65,000 (Regular Price – $75,000)
Parking available for 590+ sq. ft. unit and above
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Floor Plans
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Why to Choose Us as Platinum/VIP Broker for Pre Construction Projects???
- First access guaranteed
- Platinum/VIP Prices
- Extended Platinum Deposit structure
- Best Platinum/VIP Incentives
- Capped closing Levies (Project Specific)
- Expert advise for condo unit selection and better understanding of floor plans
- Make you familiar with the process including important dates and closing costs
- Reviewing the Purchase and Sale Agreement before signing & making amendments, if necessary
- Mortgage approval assistance; Wide network of Mortgage Consultants
- Pre delivery Inspection assistance for our clients to check everything before possession
- Refer to Lawyer’s firm for review of Agreement of Purchase
- Refer to Lawyer’s firm at closing; team of experienced lawyers available to serve our clients for smooth closing
- Refer to accounting firm if you need services to deal with HST and claims
- We don’t get or ask for any kickbacks for services mentioned above. All these are for the convenience of our clients
- Over above – Expert, honest and Professional Services
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