Southside Condos is a new condo development by Malibu Investments Inc. currently in pre construction at 9 Tippett Road, Toronto. The development is scheduled for completion in 2019. Sales for available units start from the $190,000’s. The development has a total of 500 units.
EXCLUSIVE INSIDER PURCHASER INCENTIVES
RIGHT TO LEASE DURING OCCUPANCY* Permission to have non-purchaser occupants during occupancy period.
$15,000 DESIGNER UPGRADE PACKAGE*
Wide plank laminate flooring Smooth finish ceilings High gloss upper kitchen cabinetry Integrated dishwasher Kitchen island with stone countertop and microwave oven High gloss medicine cabinet in ensuite
SPECIAL PURCHASER CREDITS* 1 Bedroom: $3,000 Credit on Closing 1 Bedroom + Den: $4,000 Credit on Closing 2 Bedroom and Larger: $5,000 Credit on Closing
DEFERRED DEPOSIT STRUCTURE* Initial $5,000 On Signing Balance of 5% / 30 days after signing 5% / 120 days after signing 5% / 370 days after signing 2.5% / on January 18, 2018 2.5% / on January 18, 2019
FREE ASSIGNMENT RIGHTS* Right to Assign Unit upon 95% Sales of Project and Commencement of Construction. Normal Assignment fee is $5,000.
CAPPED DEVELOPMENT CHARGES & LEVIES* $4,500 – Studios, 1 Bedroom, 1 Bedroom + Den $5,500 – 2 Bedroom and Larger $600 CAPPED METER INSTALLATION*
MAINTENANCE: $0.55 Approx. (Includes gas, amenities, and building insurance) Hydro and Water Metered Separately
TAXES: Estimated at approx. 1% of the purchase price. (Market value assessment as per City of Toronto)
OCCUPANCY: August 23, 2019
PARKING: $28,500 (1 Bedroom + Den or Larger)
LOCKER: $3,500 BICYCLE STORAGE RACK: $500 (Lower Rack) $250 (Upper Rack)
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- Price Range: From $198,900
- Square Footage: 388sq
- Move In: Aug 2019
- Maintenance Fees: $0.55 Cents Per Sq
- Price From $198,900
- Maintenance $0.55cents per sq