REGISTER TO RECEIVE PLATINUM FLOOR PLANS AND PRICING FOR
THE FREDERICK CONDOS
Address: 939 Eglinton Ave. E (Upper East Village – Leaside)
Developer: Camrost Felcorp
Architect: IBI Architects
Interior Designer: Maed Collective
Number of Units: Approx. 330
Suite Types: 1 Bedroom, 1+Den, 1+Flex, and 2 Bedrooms
Starting Price: From the $775’s
Anticipated Occupancy: Fall 2025
The Frederick Condos
Downtown vibes, uptown amenities. The Frederick Condos, located in the Residences of Upper East Village, a new master-planned community at Eglinton Ave. & Brentcliffe Rd, in the coveted Leaside neighbourhood. The community of Leaside, is a neighbourhood full of opportunity. Residents will love the local amenities, including dining, cafes, and local shops within walking distance. Major retailers line Laird Ave, while restaurants and stores dot Bayview Ave. With the Eglinton LRT at your doorstep, you can get anywhere in the city in minutes!
Project Highlights
- Camrost Felcorp is one of the foremost names in the development industry since 1976 creating landmark condominiums in the GTA.
- 5 minute walk to Laird station along the Eglinton Crosstown LRT. Get to Union Station in 30 minutes.
- Upper East Village consists of 3 buildings with approximately 880 units spread over 760,000 sq. ft. of indoor and outdoor space.
- Amenities include Coworking space, Water Therapy Room, Fitness Center, and more!
The "Real Deal" on the Frederick 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, exclusive access 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
Camrost FelcorpCamrost Felcorp has established its place as one of the foremost names in the development industry since 1976 by consistently leading the way in creating landmark condominiums, and is behind many of the Greater Toronto Area’s most distinctive and memorable residential communities and commercial properties. Unique in design, each is built on a similar foundation of superior craftsmanship, a pre-eminent address, and a timeless style that is ahead of the industry.
Location
Get Anywhere in the City Within MinutesThe Frederick Condos is minutes to anywhere you want to go.
- 5 min. walk to Laird LRT station
- Home Depot, Winners, Best Buy: 5 mins.
- Scotiabank Arena: 40 mins.
- Bloor Station: 30 mins.
- Union Station: 35 mins.
Future Growth
The Frederick Condos Potential ROIThe success of a pre-construction project is tied to the future growth of the surrounding area. The Frederick is already close by to established amenities (restaurants, shopping, retail), but more importantly there is still room for growth with an estimated +21,731 more residential units coming to Leaside. Year over year, condos have outperformed homes in Leaside with an increase in value over 16%. The ability to purchase in a major development means the potential for a significant ROI.
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 and deposit structure have now been released!
$10,000 on signing
Balance to 5% in 30 days
2.5% on Jun 7, 2022
2.5% on Aug 6, 2022
2.5% on Feb 12, 2023
2.5% on May 3, 2023
5% on April 17, 2024
REGISTER now to receive access to floor plans and pricing.
Amenities
Livability is defined as the degree to which a place is suitable or good for living. The Frederick Condos make this a priority and have included amenities that make life easier such as:
- Coworking Space
- Party Room
- Water Therapy Room
- Fitness Center
- Outdoor Pizza Oven
- Outdoor Fire Pit Lounge
- Indoor Garden Lounge
- Pet Spa
Get Immediate Access to Floor Plans Here
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.