Park Place Condos is a new project by SmartCentres in Vaughan, Ontario. The architect and interior designer of the project are Hariri Pontarini Architects. The project was launched in June 2022 and is expected to be completed by February 2027. The building has two towers North (A) and South (B) Towers. There are 48 and 56 floors in Tower A and B respectively. There are around 1111 units in the Park Place towers. Since it is located close to many public transit services, the condos are expected to reach high occupancy upon completion of construction.
Park Place is best for small families, professionals and students. The condos are very close to public and private schools in the area. There are office spaces very close to Park Place. The area has good restaurants. Vaughan Mills Shopping Centre is close to the condos.
Vaughan is a vibrant city located in the York Region of Ontario. It is home to a diverse population of over 300,000 people, making it one of the fastest-growing cities in Canada. It is a cultural and economic hub, with a thriving business centre and an array of recreational activities. With its close proximity to Toronto, Vaughan is a great place to live, work, and play. It offers a wide range of amenities, including shopping, dining, and entertainment options. The city has numerous parks and green spaces and is home to a number of attractions, such as Canada's Wonderland and the McMichael Canadian Art Collection. Vaughan is also known for its educational institutions, such as York University and Seneca College. With its excellent infrastructure, quality of life, and great opportunities, Vaughan is an ideal place to call home.
SmartREIT is a leading publicly traded real estate investment trust (REIT) based in Ontario, Canada. SmartREIT owns, operates and develops a portfolio of retail, commercial and mixed-use properties located in key markets across Canada
Park Place Condos is located on Commerce Street, Highway 7, Vaughan, Ontario. The project has 1111 units of condos divided into two buildings. The North Tower has 48 floors. There are 310 one-bedroom, 174 one-bedroom plus den, 174 two-bedrooms and six two-bedrooms plus den. The South Tower is taller than the North Tower with 56 floors. There are 371 one-bedroom, 152 two bedrooms and 56 two-bedroom plus a den.
Park Place has condos ranging from one to three bedrooms. There are 1111 units in the building which is 56 storeys high. The two-bedroom apartments have two different floor plans. The spacious floor plan of the Park Place condos is a massive selling point.
Park Place has condos ranging from one to three bedrooms. There are 1100 units in the building, which is 56 storeys high. The two-bedroom apartments have two different floor plans. The spacious floor plan of the Park Place condos is a massive selling point.
The fitness centre, cycle lab, yoga space, party room, game room, large outdoor terrace and lounges are the amenities provided in the Park Place Condos. The property is close to Vaughan Mills Shopping Centre. Park Place is very close to franchise stores like Costco, Home Depot, Cineplex and PetSmart. York University is just eight minutes away from Park Place.
| Property Type : | Condo |
| Price : | From $600,000 |
| City : | York |
| Possession Date : |
| Country : | Canada |
| State : | Ontario |
| Municipality : | Vaughan |
| Community : | Vaughan-Corporate-Centre |
The pricing of Park Place condos is not out. The buildings are in the pre-construction period. The project will finish in early 2027. Since the real estate market is dynamic, the pricing of the apartments will depend upon the demand for the condos at the time of possession.
| Unit Stories | 1111 Units 56 Stories |
| Construction Status : | Preconstruction |
| Architect : | Hariri Pontarini Architects |
| Builder : | SmartLiving |
| Price : | From $600,000 |
| Est. Completion : | Feb 2027 |
Vaughan Metro Centre is constantly climbing the ladder of development. The neighbourhood is being elevated because of the new infrastructure, retail and employment opportunities, and good schools and colleges. The community is well planned, with Park Place adding a spark to it. The property is close to Vaughan Mills Shopping Centre. Park Place is very close to franchise stores like Costco, Home Depot, Cineplex, and PetSmart. York University is just eight minutes away from Park Place.
One of the main factors contributing to Vaughan's population growth is its location. Vaughan is strategically located in the heart of the GTA, which makes it an attractive destination for businesses and residents alike. The city is located close to major highways, which provide easy access to other parts of the GTA. This has made Vaughan an ideal location for businesses to set up shop, and for residents to live and work.
A significant factor contributing to Vaughan's population growth is immigration. The city has seen a significant influx of immigrants over the past few decades, particularly from countries like Italy, India, and China. In fact, according to the 2016 Census, over 50% of Vaughan's population is made up of immigrants.
The cost of living in Vaughan is 15% higher than the Canadian average. The cost of goods and services is 8% higher than the national average. Housing is 28% higher than the Canadian average. The cost of living in Vaughan is 3% higher than in Ontario. However, the income tax is 40% less than the national average.
The projects brochure is available on Square Yards’ website and Park Place’s website.
Park Place is located in Vaughan, York, Ontario, Toronto.
Park Place is developed by SmartReit.
You can look forward to the fitness centre, theatre, party room, and entertainment centres.
Park Place was launched in June 2022. Construction will be completed in 2027.
The zip code of Park Place is L4K 0G2.
