Park Place Condos
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Condo Project Summary
This new condo project is a perfect opportunity for young professionals, couples, growing families and investors alike.
Park Place Condos is a new high-rise mixed-use condominium development in Vaughan. This pre-construction project by SmartLiving will sit at 3380 Hwy 7, the corner of Highway 7 and Commerce Road in Vaughan’s revolutionary SmartVMC.
This new development will contain over 1,070 deluxe units in one-bedroom and two-bedroom suites. These dwellings will feature perfectly curated rooms and exquisite layouts ranging from 500 to 900 square feet.
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Park Place Condos will consist of two towers with heights of 56 and 48 storeys while sharing a three-storey podium. The towers will amass over 1,000 new deluxe residential units in varying floor plans and sizes to accommodate thousands of new residences.
Tower A is 48 storeys and consists of 310 one-bedroom units, 174 one-bedroom plus den units, 174 two-bedroom units, and 6 two-bedroom plus den units.
Tower B is taller than tower A, sitting at 56 storeys and providing 371 one-bedroom units, 151 two-bedroom units, and 56 two-bedroom plus den units.
The towers will contain 1,785 square metres at grade retail and commercial uses, and ample amenity space for its future residents. Most of the amenity space will be found within the podium as the ground floor will predominantly feature retail space in addition to storage, loading spaces and the two residential lobbies with concierges.
Park Place makes it easy to immerse yourself in a life of well-being, with more than 40,000 square feet of indoor and outdoor building amenities. Indoor amenities include a large corner space flooded with natural light adds reserved for the fitness centre – complete with a range of cardio, free-weight and yoga equipment. Residents can also benefit from a fully-equipped party room, indoor lounge spaces and convenient lobbies. The outdoor spaces will be in the form of spacious terraces and comfortable lounging areas for residents and visitors to enjoy.
Each suite provided here will boast open-plan living rooms, dining rooms and kitchen areas. The units will include superior fixtures with design-forward lighting, cabinetry and space efficiency making the most of your luxurious abode.
The bathrooms and ensuites feature on-trend faucets, a glass-enclosed tub and shower with a rain showerhead, and a water-efficient toilet for a stylish place of relaxation. We can expect stone countertops, bright vanities and contemporary designs to elevate your living experience.
The developers have also proposed three levels of underground parking with access via the north-south mews. The space will provide 650 bicycle parking stalls and 429 vehicle parking spaces.
Once completed, the entire master-planned community will consist of 35 towers, including a mix of residential, office and retail use. With the park, plus a series of retail promenades, landscaped walkways, and pedestrian-friendly paths this place will encompass everything you desire.
Location & Neighbourhood
Park Place Condos will strategically be placed at the corner of Commerce Street and Highway 7. This location within the SmartVMC is a corner space that will create a prominent gateway into the VMC and provide seamless travel in and out of the community.
These condos will be perfectly situated on the outer perimeters of the condo meaning it has easy access to amenities on the interior and exterior of the master-planned community.
Residents will have easy access to a variety of entertainment, shopping, and dining amenities, improving their quality of life. There is something to do for all walks of life with destinations such as Cineplex Cinemas Vaughan, Canada’s Wonderland and Playdium all found within a few short minutes from each other.
Plus, prominent retailers such as Costo, IKEA, Canadian Tire, HomeSense and Walmart SuperCentre can be found within minutes.
Not to mention, one of Canada’s largest shopping malls –Vaughan Mills, is located less than 10 minutes away. Here, shoppers have access to over 245 retailers and services from high-end luxury stores to big name outlet stores. Not to forget, residents will have a plethora of eateries to choose from all just minutes from this location.
What makes these condos so attractive and coveted is their existing and future transit-oriented convenience allowing you to travel around the GTA seamlessly. This proposal will sit in close proximity to the Commerce Street VIVA Station (located immediately south) and the VMC Subway Station which connects with TTC Subway Station Line 1.
Not to mention, the city is awaiting the arrival of the newly-extended York-Spadina subway, which will terminate at Highway 7, between Jane and Highway 400. From this station, getting to Toronto’s Financial District can be accomplished in under 45 minutes, and getting to York University takes just ten minutes. This marks the first time the subway will extend service outside of Toronto, making the Vaughan Metropolitan Centre a convenient transit hub that can connecting you to Toronto and the rest of the GTA.
Motorists will benefit from the development’s easy access to Highway 400, 7, 407, and the 401 making your commute in and out of Vaughan super fast and effective.
Investors should know that by 2031 the VMC is expected to have a population of 25,000 residents living in some 12,000 new residences. By that time, this new downtown core will be home to 1.5 million square feet of new commercial office space and 750,000 square feet of new retail space all while offering employment to some 11,500 workers.
The possibilities at the SmartVMC are endless, and an opportunity like the Park Place Condos will surely come as quickly as it goes. Don’t miss out on the opportunity to become a part of what some are calling the new “Downtown North”.
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Park Place Condo Developer
SmartLiving is a subsidiary company of SmartCentres who is long known for their commercial and retail plazas found throughout the GTA. SmartLiving is now branching into the urban housing and condominium market, bringing a wealth of development experience to their new endeavours.
Read more about this developer.