2901 Hwy 7 Road Condos
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Condo Project Summary
Condominiums with direct access to subways are one of the most fruitful investments one could make. Transit accessibility means seamless travel throughout the city, making it ideal for a variety of lifestyles -- and that's exactly what this development promises.
2901 Hwy 7 Road Condos is a high-rise pre-construction condo headed to the Vaughan Metropolitan Centre. The development from Liberty Development Corporation will stand at the station, nestled at the intersection of Hwy 7 and Jane St in the Concord neighbourhood of Vaughan. It will be located on the southeast corner of Maplecrete Road and Regional Road 7 at 2901 Highway 7.
Vaughan is a rapidly transforming city with the VMC subway station, notable business headquarters and more, An expansive community like this is the perfect opportunity to invest in the thriving region that only promises to grow and urbanize more in the foreseeable future.
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This mixed-use development is slated to house 962 units across a two-tower condo connected by a seven storey mid-rise podium.
The two towers -- dubbed the south and north tower --will be connected by a podium featuring floor level retail space. The two towers will respectively stand 33 and 39 storeys. Residents can anticipate balconies for their suites.
The developer is known for creating hotel-inspired suites that are uniquely urban, and it can be expected that the units in this development will follow suit. Their developments commonly boast fixtures and finishings that are high quality, as well as high-end amenities that make for an all-encompassing luxurious lifestyle.
Investors will want to take note of this expansive development that will boast mixed use, with retail and commercial space at floor level. These spaces provide ample opportunity for small businesses, and provide even more value to the residence.
Location & Neighbourhood
This development marks the implementation of the city’s plan for the VMC neighbourhood to incorporate residential neighbourhoods, office districts, mixed-use areas, parks, open squares and employment areas. The region is one residents will want to live with, thanks to its rapid growth and influx of transformative additions it has seen recently and will see in the foreseeable future.
Located right by the VMC -- a seven minute walk away to be specific -- this proximity to a terminal station makes the site ideal for business professionals and students alike.
Students for one will be able to be removed from the hustle and bustle of campus, while also having a seamless route to school for early morning and late night classes. Students will likely opt to share a unit with a roommate at this development that will make travel easy to Toronto’s major campuses like University of Toronto, Ryerson and OCAD. The building will be particularly perfect for students of York University, who will arrive on campus in a matter of minutes after hopping on the subway.
The third largest university in Canada, York University is home to 46,000 undergraduate students and 5,900 grad students -- it also employs a total of 7,000 people. Needless to say, this proximity to the campus is beneficial for students and professionals alike.
In fact, Vaughan is projected to create 12,0000 units and 6,500 jobs by 2031 -- making it ideal for professionals. The city is currently home to over 11,370 businesses, seeing a 3.5% employment growth from 2006 to 2016. The city makes up 38% percent of York Region’s employment, making it the largest employment centre in the region.
With job opportunities in the city, nearby suburbs like Markham and in the city thanks to transit access there’s a lot of reasons for people to seek residence in Vaughan. After all, the location of the site offers the opportunity to travel into the city to enjoy the 9 to 5 hustle and bustle of working in the downtown core and make it home to a charismatic contemporary suburb for dinner.
The sky's the limit for business professionals looking to establish roots in this up and coming urban suburb. The creation of the Subway Line 1 addition involving the VMC was the first major step towards transforming Vaughan into a suburban city centre with job additions like the notable KPMG office building on site.
Another example of steps being taken towards the metropolitanization of the city is the upcoming addition of the Mackenzie Vaughan hospital slated to span 1.2 million square feed with 350 beds and the possibility to hold 550 beds. This addition also promises to add jobs to the neighbourhood.
In 2009, The Region of York deemed the VMC one of four regional centres. These centres are contemplated to provide the community with diverse uses including residential, employment, live/work, and investment purposes to name a few.
Vaughan is a city that is showing no signs of slowing down. Developments are constantly being built up in the city surrounding the central VMC, which has made a substantial impact on the city’s market and culture. The time to invest in this rapidly urbanizing region is now, and this expansive tower is the perfect chance.
Don't Miss Out On An Investment Opportunity Again
2901 Hwy 7 Rd Condo Developer
Liberty Development Corporation is an award winning developer with ample experience building single-family homes, townhouse communities and commercial developments. They have become leading builders in the GTA through their many projects, and nack for creating integral working relationships. They work to ensure quality land assembly, design, property control, sales and construction.
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