new lawrence heights assignment

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New Lawrence Heights Assignment

By:  Metropia Inc , Context Developments

Ranee Avenue, North York, ON, Canada

Assignment: From $1,550,000.00

4 Bedroom(s)

2004  Sq Ft

Completed in 2024

Introducing innovative 3 & 4 bedroom townhomes, New Lawrence Heights Towns is a new townhouse development located at Ranee Avenue in the heart of North Toronto by Metropia and Context.

New Lawrence Heights 4 Bedroom unit for Assignment

Assignment price: $1,550,000.00.

• Project Name: New Lawrence Heights Towns
• Development: Metropia Inc, Context Developments
• Address: Ranee Avenue, North York, ON, Canada
• Main Intersection: Ranee Ave and Allen Rd
• Size Type: 4 Bedroom / 3.5 Bathroom
• Unit Size: 2004 Sq.Ft
• Facing: Facing park
• Floor: Town
• Parking: 2 Car Garage

Property Details

• Developer:  Metropia Inc , Context Developments
• Building Type:   Townhouse
• Building Status:   Under Construction
• Selling Status:   Assignment
• Suite Type :   4
• Suite Size:   2004

Pricing & Fees

• Price:   $1,550,000.00
• Parking Availability:   2 Car Garage

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New Lawrence Heights Towns

Metropia urban design and context development, floor plans & pricing, neighbourhood, features & finishes, promotions & deals.

The New Lawrence Heights

The New Lawrence Heights is a pre-construction townhome development by Metropia and Context coming to Ranee Avenue in Toronto, ON.

About The New Lawrence Heights

The New Lawrence Heights introduces a 100 acre master planned transformation in the heart of central Toronto.

CONTEMPORARY TOWNHOMES COMING SOON TO AN AMAZING NORTH TORONTO LOCATION

Welcome to The New Lawrence Heights.

Known for its beautiful historic neighbourhoods, excellent amenities and convenient location, North Toronto is one of the GTA’s most sought after places to call home.

It’s an area known for its beautiful homes, prestigious clubs and celebrated public and private schools. Now, adjacent to the world-renowned Yorkdale Shopping Centre, we’re excited to introduce a new collection of prestige townhomes just moments from the best that North Toronto has to offer.

The New Lawrence Heights is a 100 acre transformation currently underway that will bring 5,000 new homes to this convenient North Toronto location.

3, 4 & 5 Bedroom Towns With 2-Car Parking starting from $909,900.

The New Lawrence Heights Location

In The New Lawrence Heights the province, the city and developers are coming together to build on the present, creating homes and community spaces that current and future residents will be proud to call home. Click below to start exploring the neighbourhood.

NORTH TORONTO HAS IT ALL IN REAL ESTATE, WE ALL KNOW THE OLD SAYING THAT LOCATION IS EVERYTHING Well, this is particularly true at The New Lawrence Heights. This community’s exciting new townhome and condominium residences will put homeowners in the perfect position to enjoy all of the amazing lifestyle amenities of North Toronto that are close at hand here.

Known for its beautiful historic neighbourhoods, excellent amenities and convenient location, North Toronto is one of the GTA’s most sought-after places to call home.

Surrounded by Blythwood Ravine Park, Bedford Park, Wanless Park, Ledbury Park and Lawrence Park, you’ll always be able to find beautiful natural spaces and community facilities to meet your needs.

Granite Club at The New Lawrence Heights.

When it comes to more modern pleasures, excellent shopping, dining and entertainment can all be found nearby. Whether it’s the 240+ shops and restaurants at Yorkdale Shopping Centre right next door, or popular destinations at great North Toronto locations like Yonge Street, Lawrence and Avenue Road, there’s plenty to explore when you live here.

There are many wonderful public spaces and services available throughout North Toronto such as Lawrence Park Library, Barbara Frum Library and Baycrest Hospital. There are also exclusive members-only recreation destinations such as The Granite Club, Rosedale Golf Club and Toronto Cricket, Skating and Curling Club.

Excellent public schools can be found throughout the area, as well as some of the most prized private schools in the region, including Havergal College, The Crescent School, Toronto French School and more.

Of course, this is all in addition to the highly anticipated new parklands, community and recreation facilities that are coming to The New Lawrence Heights.

When you put all this together, you really do have one of the city’s most exciting places to call home!

Ranee Avenue

Somewhat walkable.

About the Developer

METROPIA Metropia is a privately owned and highly respected real estate developer creating authentic communities in both the Greater Toronto Area and Calgary. Metropia focuses on community building, urban renewal and design innovation. Our communities offer a wide range of housing options with an emphasis on affordability and an abiding responsibility to the environment.

CONTEXT Context was formed in 1997 by Stephen Gross and Howard Cohen. Our company is focused on the development of mixed-use projects, condominiums and affordable rental housing in Toronto’s central neighbourhoods. We are pioneers in downtown intensification with buildings based on quality design, sustainability and innovative city planning.

The New Lawrence Heights Frequently Asked Questions

How do i reserve a unit in this project.

After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.

Does filling out the worksheet form mean I’m committing to buy a suite?

No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.

What does it mean that Andrew la Fleur 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.

Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.

For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/

How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?

Working with me as your Platinum agent gives you several benefits

• You get the highest level of access in the building
• You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
• The best possible incentives
• I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
• Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
• My 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. 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 I 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.

Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.

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 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me 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 nothing 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 as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.

For more information on the HST, see here:

https://truecondos.com/tag/hst-rebates/

Contact me for more details.

What are my closing costs on a pre-construction condo?

Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit 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.

Check out this article for more info on closing costs:

https://truecondos.com/5-things-to-know-about-closing-costs-when-investing-in-a-pre-construction-condo/

Contact me for more details

Are there any ‘hidden’ costs when buying a pre-construction condo?

No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to 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? How much is the assignment fee?

Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.

[email protected]

(416) 371-2333

READ OUR INSIGHTS

The ultimate guide to renting out your condo during the occupancy period 4 things i love about buzzbuzzhome 5 things you should know about realtor.ca what every condo investor should know about delayed occupancy selling your home to downsize not so fast–read this first, listen to our podcast, heights of harmony: minto’s brand new community in north oshawa why union village phase 2 is the hottest low rise community in york region finally north oak is minto’s first new high rise condo in the gta since 2019 5 lessons from the craziest year ever in toronto real estate 4 reasons why the condo market will rebound in 2021, watch our videos, priced out of toronto do this. the toronto condo market finally hit this crazy milestone is the real estate market about to spring back to life in the gta one question investors have to ask themselves in 2018 can you “renovict” your tenants.

Tags context Context Developments Lawrence Heights metropia The New Lawrence Heights townhomes

Author: Andrew la Fleur

Andrew la Fleur is Toronto's leading expert on condo investing. Since 2007 Andrew has been sharing his expertise and his insider connections to help hundreds of clients every year to make money by investing in the Toronto condo market. He is the founder of TrueCondos.com, contributor to New Condo Guide magazine, and has been featured in The Toronto Star, The Globe and Mail, and the Wall Street Journal. Contact Andrew directly: [email protected] | (416) 371-2333

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The New Lawrence Heights  - North York

From $1,299,900.

• Ranee Ave & Varna Dr, North York

Project Overview

Reasons to invest.

• One of the most well-liked residential areas in the Greater Toronto Area is North Toronto. New Lawrence Heights is the ideal spot to invest because of its scenic parks and historic neighborhoods, as well as its many everyday conveniences and convenient access to the highways and public transportation.

Connectivity

• Fast access to Highway 401 is minutes from Allen Road in New Lawrence Heights. Many TTC bus routes link you to two metro stations within steps. Additionally, Yorkdale Go Bus Station is close.
• Developers Metropia & Context, who together have over 50 years of expertise, are two very respectable developers working on The New Lawrence Heights.

Neighbourhood

New Lawrence Heights residents prioritize education for their children. Parents will discover several great day care centers in the region, and the city is proposing more centers throughout development. The city proposes a new accessible primary school in the development. There are several private, high school, and post-secondary schools nearby.Yorkdale and Lawrence Square commercial centers provide stores, restaurants, and a movie theater minutes away. Founded in 1827, the Toronto Cricket, Skating, and Curling Club is one of numerous libraries and community spaces in the neighborhood.

Street View Of Neighbourhood

Similar Pre-Construction Homes

The new lawrence heights, interested in this property, walk score for the new lawrence heights - north york, very walkable.

Nobody knows the assignment market in the GTA and southern Ontario better than me. Whether you’re looking to buy or sell, I promise to work hard on your behalf to ensure you get the best deal possible.

Sean Bhairo is a data-driven CPA and Sales Representative. Sean understands that buying or selling a home is one of the largest investment decisions you will make, and his goal is to leverage his skillset and experiences to help support these decisions.

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The New Lawrence Heights Towns

Ranee ave, toronto.

The New Lawrence Heights Towns is a new pre-construction Townhomes at Ranee Ave, Toronto, The New Lawrence Heights Towns by Metropia.

Description

The New Lawrence Heights. 100 ACRE TRANSFORMATION, MASTER PLANNED COMMUNITY IN NORTH TORONTO

It’s an area known for its beautiful homes, prestigious clubs and celebrated public and private schools. Now, adjacent to the world-known  Yorkdale  shopping centre, we’re excited to introduce a new collection of prestige townhomes just moments from the best that north Toronto has to offer. A 100 acre transformation currently underway that will bring 5,000 new homes to this convenient north Toronto location. Welcome to the new Lawrence heights.

Contact sales center

Request additional information including price lists and floor plans.

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The New Lawrence Heights

Estimated Completion: 2022 | Starting at: $12,000,000s

Project Details

Introducing  The New Lawrence Heights , an incredible master-planned community spanning over 100-acres of land in Toronto’s north end! These stunning contemporary 4 Bedroom + Den Townhomes places future residents just moments from highly desirable amenities such as Yorkdale Shopping Centre, Subway Transit, Major Highways, Big Box Stores and so much more.

​ Pricing Starting From $1,299,900

Reasons to Buy*

• Boasting a Transit Score of 91/100 means that you will be surrounded by great transportation options! You will be less than a 10 minute walk from the Yorkdale Subway Station where you will have access to the Yonge-University Subway Line and you are also just steps from multiple TTC Bus Routes
• Walking distance to from all of your shopping needs at Yorkdale Shopping Centre which features over 240 retailers and is home to Canada’s largest collection of luxury brands such as Burberry Cartier, Chanel, Gucci, Jimmy Choo, Louis Vuitton! Surrounding Yorkdale Shopping Centre, you will also find an incredible assortment of Big Box Stores such as: Staples, Costco, The Home Depot, Best Buy, LCBO and more
• You are also just 3 minutes from Highway 401, 7 minutes from Highway 400, and 11 minutes from Highway 407 — making travelling across the GTA an absolute breeze!
• 15 Minutes from York University which is home to 53,000 students & 7,000 faculty. 6,200 of York’s student population are international students, coming to Canada from 178 countries around the world!
• Less than 15 minutes from Toronto’s largest urban park, Downsview Park, covering 572 acres of land Downsview Park offers an incredible variety of activities to enjoy including soccer, baseball, football, rock-climbing, go-karting, Downsview Park Merchants Market, Toronto Wildlife Centre, Festival Terrace, Scotiabank Pond Arena, The Toronto School of Circus Arts, Volleyball Canada, The Hoop Dome & Much More
• Downsview Park offers fantastic amenities to enjoy the great outdoors with the Circuit Path Walking Trail — a paved 2.7km path looping around Downsview lake, orchard, meadow and forests, the 9-acre lake featuring walkways, fountains, stone seating areas, large shade trees, and gardens
• Moments to Downsview Airport which is 375 acres and is currently being offered for sale for future mixed-use development. This will easily be one of the largest redevelopment sites in the nation and you have an opportunity to purchase in the area before and at pricing which will not be available to you in the future. To give you a magnitude on the size potential — Canary Wharf in England is only 97 acres but has a working population of 120,000 people in 37 commercial buildings with over 300 restaurants. This future development land is well over 3.5 times the size
• The New Lawrence Heights is being developed by a pair of highly reputable developers, Metropia & Context, when combined possess over 50 years of experience!

Quick Facts*

Developer:  Metropia & Context Address:  Ranee Ave & Varna Dr, North York Pricing:  Starting From $1,299,900 Occupancy:  Anticipated For 2022 Unit Types:  Townhomes Square Footage:  2,004 sq ft – 2,740 sq ft Maintenance Fees:  $219.95 / month (Hydro, Heat & Water Separately Metered) Deposit Structure:  $10,000 on Signing // $30,000 in 30 Days // $30,000 in 90 Days // $30,000 in 120 Days // $30,000 in 180 Days // $30,000 in 270 Days // Balance to 13% in 365 Days // 2% in 540 Days Incentives*:  Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements Features & Finishes:  Stainless Steel Kitchen Appliances, Quartz Kitchen Countertop, Laminate Flooring Throughout, Full oak staircase on ground, 2nd and 3rd level stairs stained to match flooring, 9′ ceiling on ground level, 8′ ceiling on second level and 8′ ceiling on 3rd level, Smooth Finished Ceilings, Full size stacked washer & dryer and more

MIB Incentives*

Developer Approved Platinum VIP Brokers Absolute First Access to Pricing and Floorplans The Very Best Incentives & Promotions Extended Deposit Structure Capped Development Levies Right of Assignment Free Lawyer Review of your Purchase Agreement Free Mortgage Arrangements

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Last Updated: 2024-07-05

The New Lawrence Heights Towns

261 Ranee Ave, North York, ON

Starting From $ 1,489,900+

Floor Plans

Condominiums for sale.

Pricing and Incentives

About the new lawrence heights towns development.

New Lawrence Heights Towns represents a fresh condominium project, brought to life by Metropia Urban Design and Context Developments, situated at 261 Ranee Avenue, North York, ON. Presently in its phase of public sales, occupants can anticipate moving in by May 2021. This residential initiative will boast 36 townhomes with sizes stretching from 1,387 sqft to 2,006 sqft.

It is planned to span over an area of 25 acres or 10 hectares. Also, the residents will be able to choose between three-floor plans. Each house is built, keeping in mind the convenience and comfort of its residents.

One of the most important characteristic features of this project is its high ceilings and spacious homes. Moreover, because this project also includes a 12-acre park for the residents of New Lawrence Heights Towns, it makes it perfect for families! With ample amenities as well as easy commute options to the city, homebuyers are eyeing it keenly.

Features and Amenities

The North York condo development comes packed with features and amenities exclusive to its residents. The project is 3-storey high and will have 36 spacious units available. These units will have 3 variants which are inclusive of all needs and requirements. The ceilings of these homes are as high as 9 feet. Thus, making them appear more spacious. This project is a part of a 100-acre revitalization.

All homes come with contemporary architecture on the inside. Kitchens are well equipped with modern freeze and freezers, glass top electric range, built-in microwave, as well as a dishwasher. There are plenty of amenities in the suite as well, other than the kitchen equipment.

Homes will also have a “smart” thermostat and will also have wire rod shelves in every closet of the bedrooms. The master bathrooms have double vanities and rain showerheads. They also come with exquisite ceiling light fixtures.

The floors of the homes also have wood lamination, and the ceilings are smooth. In addition, the occupants have the liberty to decorate the house any way they wish to. The property also comes with a 12-acre park. This feature makes it a wholesome residence for families to grow and nurture.

Location and Neighbourhood

This project is located in one of the most premier spots in northern Toronto. Ranee Avenue, North York, ON, is popular for its beauty and rich historic neighbourhoods. It is convenient for residents to carry out their daily tasks in this region. If you wish to invest in real estate in north Toronto, this township is your best bet!

It is in close proximity to various amenities like the Yorkdale Shopping Centre, countless daycare facilities, grocery stores, as well as medical supply stores. The Yorkdale shopping center is a one-stop-shop for your everyday needs.

With a great walk score of 71, it is easy for residents to access these amenities through a simple walk. This area is suitable for families due to its friendly neighbourhood, various public parks, and great schools. There is no shortage of excellent private and public schools in this area. Children can gain secondary school knowledge and post-secondary knowledge from schools nearby.

This region is suitable for students to live in. The main highways connect to York university, which makes it easy for students to commute as well. One can walk down the street to find countless dining options. These options range from quick fast food bites to fine dining restaurants. With options like Jimmy, the Greek, and Thai express, there are options available from every cuisine for all palates.

Accessibility and Highlights

This neighbourhood has a transit score of 91. It is away from the chaotic city center. However, due to its proximity to highway 401, it is easily accessible by motor vehicles. Residents of New Lawrence Heights Towns can also opt for public transportation options.

This project is close to several bus stations and subway lines. Affordable and convenient accessibility is available to all. One can walk down to the Yorkdale GO Bus Station and hop on to the bus to reach the city.

Since the world is going green, so are the residents of New Lawrence Heights Towns. Due to urbanization, the cycling infrastructure has improved drastically. Occupants can opt for eco-friendly options like walking and cycling for the daily commute, as well.

About the Developer

Metropia Urban Design and Context Developments are handling the development of these condos in collaboration. Metropia Urban Design is famous for its sheer drive and determination. They have been active for 25 years and have never settled for anything less than perfection. Their perseverance for customer satisfaction has earned them brownie points in the real estate industry.

This company has partnered with Context Developments, which is responsible for shaping the majority of Downtown Toronto’s skyline. This project is going to set a new benchmark in the already luxurious lifestyles of the residents of North Toronto. Click here to view more listings in the Toronto area.

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Neighborhood: The New Lawrence Heights Towns

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