Vintage Garden III Senior Life Lease Residences

Sales Information

Floor Type Approx. Suite Size (SQ.FT) Exposure Priced From:
2nd– 7th Floor 1 Bedroom 575 East $372,000 – 387,000
2nd– 7th Floor 1Br+Den 706, 748, 749 South, East $459,000 – 512,000
2nd– 7th Floor 2 Bedroom 823, 830, 939, 982 East, West, North East $529,000 – 667,500
2nd– 7th Floor 2Br+Den 982, 1009, 1168 West, South West, North West $650,500 – 800,000
Main Floor (Garden Patio) 1Br+Den, 2 Br, 2Br+Den 689*, 930, 973, 982, 993, 1005 *No Patio South, West $470,500 – 686,500
Appliances Includes:
  • Stainless Steel Bottom Mount Refrigerator
  • Stainless Steel Ceramic Smooth Glass Cooktop
  • Stainless Steel True Convection Wall Oven
  • Stainless Steel Built-in Dishwasher
  • Sakura M-3000 Heavy-Duty Range Hood
  • Energy Star High Efficiency Stacked Washer & Dryer (white)
Maintenance Fee: Approx. $0.74 per square foot

  • Fees include: Heating and Cooling, domestic hot and cold water, utilities for the Common Areas and Facilities, insurance on the building, basic cable with Fairchild TV channel, 24-hour emergency response and security, resident’s wellness and referral services, free Community Centre membership, property management and administration .
  • Hydro for unit not included (Independent Smart meter for every unit)
Completion Date: Summer 2022
Property Tax: Present rate is 1% of estimated assessed value by MPAC
Parking: $50,000 each (parking maintenance fee extra)
Locker: Reserve basis
Deposit Structures: 4 Installments :

  1. $5,000 upon reservation (10 day cooling-off period)
  2. 10% of Total Cost upon execution of LLOA
  3. 10% of Total cost within 90 days upon execution of LLOA
  4. 10% of total cost, within 30 days of formal notification of a construction start date (anticipated construction: Fall 2020)
  5. Balance of total cost on Completion Date
*Land Transfer Tax Exempt – Provided that purchaser is acquiring the life lease interest as his/her principal residence or as the principal residence of his/her parent or spouse.
* Price (H.S.T included). All information is subject to change without prior notice. E. & O.E