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About the Project:
- Crosstown is a 64 acre multi-phase residential & commercial development located on the Northwest corner of Don Mills Rd & Eglinton Ave which will consist of high-rise & mid-rise towers and stacked & rear lane towns
- CREST at Crosstown is an 8-storey mid-rise building
- 191 residential condominium units
- 3 levels of underground parking and 2 elevators
- One locker is included for all suites. Additional lockers are $5000 each
- Parking is $60,000 – can be purchased for 2 bedroom suites and larger (EV Parking is $67000)
- Ceiling heights – 9’ (excluding bulkheads)
- Architect: Core Architects
- Interior Designer: MNID
- Landscaper: The MBTW Group
- Maintenance fees – approx. $0.55/sq.ft. [hydro, water, gas consumption (if applicable) are separately metered], plus $22.60 for bulk internet, $50/mth for parking, $20/mth for locker
- Development caps and levies - $10,000 for 1 and 1+den, $16,000 for 2 bedroom and larger
Amenities:
- Main Floor: Lobby with 24-hour concierge, gym, lounge, party room, outdoor terrace
- Property Management – Forest Hill Kipling a Division of Kipling Residential Mgmt Inc
Deposit Structure:
Canadian Resident: (20% of the Purchase Price)
- 5% with offer
- 5% in 90 days
- 5% in 540 days
- 5% on occupancy
Foreign Purchaser: (35% of the Purchase Price)
- 10% with offer
- 10% in 90 days
- 5% in 365 days
- 5% in 540 days
- 5% on occupancy
Critical Dates:
- Tentative Construction Start: October 2021
- First Tentative Occupancy Date: April 2024
- Outside Occupancy Date: April 2026
Platinum Access
Real Estate Websites by Web4Realty
https://web4realty.com/