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  • Best for rental

Park Place

New Condos at Commerce Street, Vaughan
  • 1-2 bed
  • 1-2 bath
  • 500-899sq ft
  • parking
  • $1,071.43/sq ft
  • 2027closing

$600,000 - $899,999

Floorplans and Prices

What is next?

Once you provide us with your info, one of our team members will get back to you right away.

Units from $600,000 or $1,071.43/sq ft

We understand buying a home can be confusing, especially when dealing directly with a builder. Our guide provides clarity, transparency, and valuable insights to help you make an informed decision while avoiding common pitfalls when purchasing a new home.

What this project offers

Extended deposit structure

Walking distance to Subway, Ikea, Costco and other amenities

2 mins to HWY 400, 407 & 7

Parking: $70,000 (2B will be eligible). Parking priority waitlist for 1B, 1B+D

Closing in 2027

Park Place Overview

Interested in the north side of GTA? You should check out Park Place project in Vaughan. It’s a new condo development with 1-2 bedrooms and 1-2 bathrooms, ranging from 500 to 899 square feet. The price per square foot is $1,071.43, and it’s set to close in 2027. The condos are priced between $600,000 to $899,999.

 

Now, let’s talk about what’s in it for you as a first-time home buyer or an investor! You can get parking for $70,000, and if you’re interested in a 2-bedroom condo, you might be eligible for something special.

 

If you’re looking for a 1-bedroom or 1-bedroom with a den, you can join the priority waitlist. And guess what? They’ve got you covered when it comes to moving costs! If you choose them as your representatives for buying the condo, they’ll take care of your moving expenses.

 

The occupancy date is set for summer 2027, so you have some time to plan. As for amenities, they have parking, and you can easily get directions to the location.

 

Now, let’s talk money! The deposit structure is as follows: You’ll need to pay a $10,000 deposit with the offer. Then, 5% of the total price within 30 days, another 5% within 120 days, 5% more in 400 days, and the final 5% in 620 days.

 

It’s a great opportunity for both first-time home buyers and investors, so don’t miss out!

Deposit structure and timelines

  • During signing (deposit with offer)       $10,000
  • Balance to 5% in 30 days       
  • 5% in 120 days       
  • 5% in 400 days       
  • 5% in 620 days       

INTERNATIONAL DEPOSIT STRUCTURE

$10,000 deposit with Offer
Balance to 10% in 30 days
10% in 120 days
10% in 400 days
5% in 620 days

Expected completion: Summer 2027

Amenities

  • Parking

Location

Get directions to Park Place location

What is next?

Once you provide us with your info, one of our team members will get back to you right away.

Units from $600,000 or $1,071.43/sq ft

We understand buying a home can be confusing, especially when dealing directly with a builder. Our guide provides clarity, transparency, and valuable insights to help you make an informed decision while avoiding common pitfalls when purchasing a new home.

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