REGISTER TO RECEIVE PLATINUM FLOOR PLANS AND PRICING FOR
EXPRESS 2 CONDOS
Address: 10 Tippett Rd. (Wilson Ave. & Allen Rd.)
Developer: Malibu Investments Inc.
Architect: RAW Design
Interior Designer: Figure3
Number of Units: Approx. 383
Suite Types: Junior 1 Bedroom to 3 Bedrooms
Starting Price: From the $500’s
Anticipated Occupancy: Late 2025
Express 2 Condos
Following the success of Gramercy Park, Southside and Express come Express 2 to the North York-Yorkdale neighbourhood. Located steps to Wilson Subway station and surrounded by landscaped courtyards, everyday conveniences, shopping, higher-learning institutions, and recreational facilities. Express 2 is designed to deliver an enviable living experience and a great life in a connected community.
Project Highlights
- Malibu Investments Inc. An experienced development team with over 20 years building residential and mixed-use condos in the GTA.
- A transit-oriented development steps to Wilson Subway station. Connecting residents to employment hubs, education, shopping, recreational facilities & more.
- 520 acre master-planned community right next door with residences and approx. 20 million square feet of commercial and employment spaces.
- Surrounded by 3 major employment hubs with just over 100,000 jobs and access to York University (11 min) and University of Toronto (19 min) by subway.
The "Real Deal" on Express 2 Condos
Not all pre-construction projects are worth buying. For any pre-construction project, the three most important factors are builder reputation, location, and price. But to be considered a “Real Deal” additional factors have to be met, such as livability, affordability and the potential for future profit to help you build generational wealth. I look for projects with the lowest amount of risk yet have the potential for the best profit margins in the GTA. Buying pre-construction is not a get rich quick scheme, but rather a method of long-term appreciation.
About the Builder/Developer
Malibu Investments Inc.Malibu Investments Inc. is a Toronto based development company with major residential high-rise condominiums throughout the G.T.A. representing over 3,500 residential suites delivered or currently under construction.
Through its commitment to using the most advanced materials, methods and technologies available to the industry, Malibu has set the highest standards of quality for all its developments – infusing smart urban design with today’s lifestyle demands.
An experience development team with over 20 years experience building residential and mixed-use condos in the GTA.
Malibu Investments Inc. is invested in the community with three other successful projects: Gramercy Park Condos (2013), Southside Condos (2021) and Express 1 Condos (2021 – currently under construction)
Location
EXPRESS 2 is connected to everythingExpress 2 Condos is minutes to anywhere you want to go.
- 2 min. walk to Wilson Station
- Vaughan Metropolitan Centre: 17 mins.
- York University: 11 mins.
- Yorkdale Mall: 3 mins.
- University of Toronto: 19 mins.
- Union Station: 28 mins.
Future Growth
Express 2 Condos is located within a growing communityThe success of a pre-construction project is tied to the future growth of the surrounding area. Express 2 Condos is located in an area that has seen steady growth with a varied mix of residential, commercial and employment opportunities.
Pricing & Deposit Structure
The gradual deposit structure allows you to put money down over an extended period of time so you don’t have to put 20% down immediately like you would with a resale property.
Pricing has not yet been announced, but analyzing nearby developments and the average price per square, approximate prices should be as follows:
- Jr. 1 bedroom (400 sq ft.) – low to mid $500k
- 1 bed (470-490 sq ft.) – low to mid $600k
- 2 bed (570-580 sq ft.) – low to mid $700k with more spacious units in the low $800k range.
- 3 bed – low $900k
To get first access to pricing when they are released REGISTER now!
Amenities
Livability is defined as the degree to which a place is suitable or good for living. Express 2 Condos make this a priority and have included amenities that make life easier such as:
- Lobby with 24/7 Concierge
- Pet Spa
- Kids’ Indoor Playroom
- Party Room with Karaoke Lounge
- Private Dining Room with Servery
- Fitness Room with Crossfit Training/Boxing
- Sky Lounge with Water Wall
- Butterfly Meadow
- Loungers and Seating
- Private Courtyard with BBQ
Pre-Construction FAQ's
Once you review floor plans and pricing you will submit your top 3 floor plans by submitting a reservation worksheet at . Before submitting a worksheet you should already have a good idea of the type of unit you're looking for and the budget you want to stay within. The worksheet that you fill out will be submitted to the developer and units will be allocated at that time. The earlier I receive your worksheet prior to the development launch date, the better.
Submitting a worksheet increases your chances of getting your preferred suite. Developers allocate units based on the worksheets that are submitted. It shows them how many interested parties there are.
Pre-construction projects are often competitive with many buyers interested in obtaining a unit. Some projects have sold out within 24 hours, so it is important to fill out a suite request worksheet to, in essence, reserve your spot in line to buy.
A developer doesn't guarantee you will receive a unit you requested and you are not obligated to buy the one you are allocated.
Buying pre-construction is often very competitive and can feel rushed, but after signing an Agreement of Purchase and Sale with the builder, you enter the "cooling off period." The cooling off period allows you ten consecutive (10) days (not business days), to give you time to review the contract to make sure that you are comfortable moving forward. During the 10 days, you should do 2 things: 1) Have a lawyer review the contract so you know exactly what you are getting into, and 2) contact your mortgage lender to get a pre-approval letter.
An overwhelming majority of builders will require a pre-approval letter from a mortgage lender that shows proof of your ability to purchase. There are even a handful of builders that will require FULL approval. You will not need the pre-approval upon signing the contract, but most builders will require the pre-approval letter within 30-60 days of signing.
The general rule of thumb regarding closing costs is that you can expect to pay an amount between 3-5% of the purchase price at closing, however, this number will vary depending on certain variables, including the city you purchase in, what builder you are working with, and the type of unit you are buying.
Closing costs consist of items like:
Lawyer Fees
Municipal & Provincial Land Transfer Tax
Development Charges
Levies
HST (if you're an investor)
You receive Platinum Access to the top pre-construction projects in Toronto and the GTA. Purchasing with the Real Deal with Neil saves you thousands of dollars by offering one or more of the following:
- The earliest access to more floor plans and the lowest prices.
- capped development costs and levies ($10k min on average)
- free right to assign (approx. $5k - $10k)
- free right to rent during occupancy (approx. $3k - $5k)
- reduced price when purchasing parking
- The biggest benefit is receiving expert advice so you can feel confident with your purchase, minimize your risk, and maximize your profit.