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Park Place Condos

Highway 7 And Commerce St, Vaughan Corporate Centre, York, Ontario
From $600,000
  • Project Status:Selling
  • Builder Name:SmartREIT
project size image
Project Size
  • 1100 Units, 56 Storeys
  • Condo
  • Pre-construction
project Configuration
Configurations
  • 1, 1.5, 2 Beds
  • 1, 2 Bath
  • 544-905 Sqft

Park Place Condos - Project Description

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.

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Park Place Condos - Building Details

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.

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  • Building AddresHighway 7 And Commerce St, Vaughan Corporate Centre, York, Ontario
  • Size Range544-905 Sqft
  • ArchitectHariri Pontarini Architects
  • Parking Price$70,000.00

Park Place Condos- Tower Details

Property Type : Condo
Price : From $600,000
Area : York
Maintenance : $0.66 / Sq Ft / Month
Possession Date
know more about  Possession date
Country : Canada
State : Ontario
Municipality : Vaughan
Community Vaughan Corporate Centre
know more about community
Suites Size Range : 1100

Park Place Condos - Brochure

Park Place has condos ranging from one to three bedrooms. There are 1111 units in the building. The project has two towers, one with 48 storeys and the other offering over 56 storeys.  The two-bedroom apartments have two different floor plans. The spacious floor plan of the Park Place condos is a massive selling point.

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project-pdf

Park Place Condos - Unit Plans

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.

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1 Beds
1 Beds 544. Apartment
Coming Soon
  • Unit Name: S05
  • Interior Size: 544
  • Bed Room: 1
  • Balcony Size: 41
  • Bath Rooms: 1
  • Ownership: Condominium
Park Place Condos 1bedroom 544sqft
1.5 Beds
1.5 Beds 593. Apartment
$791,990
  • Unit Name: S4109
  • Interior Size: 593
  • Bed Room: 1.5
  • Balcony Size: 52
  • Bath Rooms: 1
  • Ownership: Condominium
Park Place Condos 1.5bedroom 593sqft
2 Beds
2 Beds 733. Apartment
Coming Soon
  • Unit Name: S08
  • Interior Size: 733
  • Bed Room: 2
  • Balcony Size: 41
  • Bath Rooms: 1
  • Ownership: Condominium
Park Place Condos 2bedroom 733sqft
2 Beds
2 Beds 905. Apartment
$1,063,990
  • Unit Name: S4910
  • Interior Size: 905
  • Bed Room: 2
  • Balcony Size: 54
  • Bath Rooms: 2
  • Ownership: Condominium
Park Place Condos 2bedroom 905sqft

Park Place Condos - Amenities

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.

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Fitness Centre
Fitness Centre
Party Room
Party Room
Lounge
Lounge
PARKS
PARKS
Indoor Hammock Lounge
Indoor Hammock Lounge
Lobby
Lobby
View All

PARKS

  • Parks and green trails
  • Fitness Centre

    • High-quality gym equipments
    • Floor workout space
    • Cycle Lab

    Party Room

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    Indoor Hammock Lounge

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    Lobby

  • Convenient lobby
  • Park Place Condos - Developer

    Going forward with the vision to make a better living for all the residents of Canada, smart centers are known to bring new projects for the development of various neighbourhoods. It was through them that Walmart entered Canadian markets. They believe in catering to the ever-evolving needs of the citizens of the country. They promote their real estate development under ‘Smart Living.’ The projects under Smart Living are constructed with the aim of developing the neighbourhood to improve the standard of living.

    • $11.9B- In Assets
    • 3,500- Acres of land
    • 34M SF- Net Rentable Area
    • 98%- Occupancy Area

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    Park Place Condos - Project Structure

    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.

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    Unit Stories : 1100 Units, 56 Storeys
    Construction Status : Pre-construction
    Architect : Hariri Pontarini Architects
    Builder : SmartREIT
    Price : From $600,000
    Est. Completion : 2027

    Location Population Growth & Immigrants

    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.

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    • Population Growth
    • Canadian Immigrants
    • Avg. Cost of Living
    • Employee Growth

    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.

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    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.

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    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.

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    The median household income in the region is 18% higher than the national average. The unemployment rate in the region is over 40% lower than the national average.
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    Park Place Condos - FAQs

    How can I get a brochure for Park Place ?

    The projects brochure is available on Square Yards’ website and Park Place’s website.

    Where is Park Place located ?

    Park Place is located in Vaughan, York, Ontario, Toronto.

    If I live here, what amenities can I look forward to ?

    You can look forward to the fitness centre, theatre, party room, and entertainment centres.

    When was Park Place built ?

    Park Place was launched in June 2022. Construction will be completed in 2027.

    What is the postal code of Park Place ?

    The zip code of Park Place is L4K 0G2.

    Which developer has undertaken Park Place ?

    Ans. Park Place is developed by SmartLiving.

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