Union City – Tower 1
Details
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Beds1.5 - 3.5
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Year builtSeptember 2027
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Type
Details
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Beds:1.5 - 3.5
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Status:
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Parking Purchase Cost:N/A
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Additional Parking Details:N/A
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Storage Cost:N/A
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Locker Cost:N/A
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Occupancy:N/A
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C.C.maint:N/A
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Additional Storage Details:N/A
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Additional locker Details:N/A
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Sale Start:N/A
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clmonthyear:N/A
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Average PPS:$1,320
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Has condo:1
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Area Sqft:605 - 901
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Celling:9,9
Overview
Union City – Tower 1 is a new condo community by Metropia currently under construction at 15 University Boulevard, Markham. The community is scheduled for completion in Sept 2027. Available units range in price from $798,900 to $1,087,900. Union City – Tower 1 has a total of 437 units. Sizes range from 605 to 901 square feet.
Reasons To Buy
REPUTABLE DEVELOPER: Howard Sokolowski, founder of Metropia, brings extensive experience in residential development. As co-founder and former CEO of Tribute Communities, he led the construction of over 30,000 homes. To date, Metropia has developed and managed more than 14,000 residential units across 21 communities, including high- and low-rise developments and master-planned communities covering over 13 million square feet of residential, retail, and commercial space.
EMPLOYMENT & EDUCATION: Known as Canada’s "high-tech capital," Markham sits at the heart of the nation’s second-largest tech hub. The city is home to more than 650 corporate headquarters and over 1,500 companies in high-tech and life sciences, including giants like IBM, Lenovo, Toshiba, Johnson & Johnson, and Pfizer. Markham will also soon welcome the new York University Markham Campus, opening in 2024, which will accommodate 4,200 students.
CONNECTIVITY: Markham offers a variety of transportation options, making it easy to navigate the Greater Toronto Area (GTA). With access to major routes like Highways 407 and 404, as well as York Region Transit and GO Transit, getting around is both convenient and efficient.
POPULATION GROWTH & ECONOMIC OUTLOOK: Markham currently boasts a population of over 350,000 residents, and by 2031, this number is projected to exceed 416,000. At the same time, employment in the city is expected to surpass 223,700 jobs. The combination of population growth and increasing job opportunities will make Markham an even more attractive place to live, which will in turn drive up the demand for housing.
Features Finishes
Part of 12-acre master-planned community to be comprised three high-rise condominium buildings situated in downtown Markham and adjacent to York University Markham Campus opening in 2024. Within five minute walk to Markham YMCA, Pan Am Center, Unionville Go Station, and the VIVA Enterprise bus transit. Less than ten minute drive to Highway 404 and 407. Tower 1 and Tower 2 share approximately 37,000 sf of indoor and outdoor amenities and a 50,000 sf terrace on the 6th floor. Parking is available for podium suites over 548 sf and larger, and tower suites 605 sf and larger. EV charging: $79,999. Maintenance fees exclude utilities. Additional monthly fees of $69.95 for parking, $24.95 for locker and $63.99 for Roger internet & 1Valet., Kitchen Floor: Laminate, Kitchen Counter: Quartz, Entry Floor: Laminate, Living Area Floor: Laminate, Bedroom Floor: Laminate, Main Bathroom Floor: Tile, Main Bathroom Counter: Composite, Ensuite Bathroom Floor: Tile, Ensuite Bathroom Counter: Composite, Cabinets: Laminate, Appliance Finish: Stainless, Fridge: Bottom Freezer, Stove: Electric Glass Top, Brands: Energy Star, Heating Source: Heat Pump, AC: Individual
Deposit Structure
First deposit: 3%, Second deposit: 3%, Third deposit: 3%
Incentive Detail
No assignment fee; Capped development levies at $9,999 & community benefits at $4,999 for all suites; 10% deposit structure; 5% deposit structure (3B only) (Q2-2024)
Pre Incentive Details
: Free Right to Lease (including legal fees)
: Free Mortgage Setup
: Complimentary Lawyer Review of Purchase Agreement
: Property Management & Leasing Services Available
: Free Assignment Option (including legal fees)
: Fixed Cap on Parks & Community Benefit Fees ($4,999 for all suites)
: Capped Development Charges ($9,999 for all suites)
: Priority Access to Premium Availability
: Exclusive Platinum VIP Pricing & Floor Plans
Pre Nearst Places
Nearst Places
Big Box Stores
York University’s upcoming Markham Campus
Highways 407 & 404
Unionville GO Station
Mortgage Calculator
$1,087,900
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Monthly
- Principal & Interest
- Property Tax
- Home Insurance