Parkhaus Urban Towns
Details
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Beds2.5
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Year builtSeptember 2025
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Type
Details
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Beds:2.5
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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:$1,059
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Area Sqft:1175 - 0
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Celling:9,9
Overview
Parkhaus Urban Towns is a new townhouse community by Matrix Development Group and HB Developments currently in preconstruction at 40 Hendon Avenue, Toronto. The community is scheduled for completion in Sept 2025. Available units range in price from $1,244,900 to $1,244,900. Parkhaus Urban Towns has a total of 30 units. Sizes start at From 1,175 square feet.
Reasons To Buy
Experienced Developer: Matrix Development Group is a well-established builder with more than 40 years of expertise in residential and commercial real estate development. Their team has been instrumental in delivering over 5,000 condominium and townhome units, as well as more than 1,000,000 square feet of commercial space, including office buildings, retail centers, and hotels. Their commitment to quality, innovation, and community-focused development has made them a trusted name in the industry.
Prime Location: Located near Yonge & Finch, this area provides easy access to major transportation routes and essential amenities. Highways 401 and 407 are just minutes away, while the Finch Subway Station offers quick and efficient access to downtown Toronto. Along Yonge Street, residents can enjoy a variety of restaurants, retail stores, and boutique shops, while major shopping centers such as Centerpoint Mall, Yonge Sheppard Centre, and RioCan Marketplace are a short drive away. Other nearby attractions include York University, multiple golf courses, and G. Ross Lord Park, offering a blend of urban convenience and outdoor recreation.
Connectivity & Transportation: Toronto offers extensive transportation options, making it easy to navigate the city and beyond. The public transit system includes the subway, streetcars, GO Transit, UP Express, and the upcoming Eglinton Crosstown LRT. The city is also well connected to domestic and international travel through Billy Bishop Airport and Pearson International Airport, providing convenient access to major destinations.
A World-Class City: Toronto is widely recognized as a global city, known for its strong economy, high standard of living, and cultural diversity. It is internationally regarded as the most multicultural city in the world, attracting people from all backgrounds. The city is also a center for innovation, featuring the second-largest financial district in North America and one of the fastest-growing technology sectors. Additionally, Toronto is home to three highly regarded universities—University of Toronto, Toronto Metropolitan University, and York University—solidifying its reputation as a hub for academic excellence and research.
Population Growth & Economic Outlook: Toronto is the largest city in Canada, home to over 2.7 million residents, and its population continues to grow. By 2031, the city will require approximately 259,000 new homes to accommodate this increase. However, current projections indicate that only 157,800 homes will be built, resulting in a housing shortfall of over 100,000 units. This gap between supply and demand will put upward pressure on real estate prices and rental rates, making Toronto’s housing market even more competitive.
Marketing Summary
A rare opportunity in the city! Welcome to PARKHAUS URBAN TOWNS, an exclusive collection of modern townhomes backing on to the 3.5-hectare Hendon Park, surrounded by vibrant green spaces, and all the cosmopolitan energy of Yonge and Finch. Just 4 minutes WALK from the Finch subway station, a boutique urban residence that offers a refreshing and connected lifestyle. Steps from the area's best shopping, dining, parks schools, theatre, entertainment and night life. A green, walkable neighbourhood where everything you need is right here. Source: Parkhaus Towns
Features Finishes
Boutique stacked townhouse development overlooking 3.5 hectare Hendon Park. TTC Finch Subway Station is a 3 minute walk and Edithvale Community Centre is a 10 minute walk. Retail, restaurants, and services along Yonge Street are within a short walk. Maintenance fees exclude hydro and water. Parking maintenance: $50 per mo., Kitchen Floor: Laminate, Kitchen Counter: Quartz, Entry Floor: Laminate, Living Area Floor: Laminate, Bedroom Floor: Laminate, Main Bathroom Floor: Porcelain, Main Bathroom Counter: Quartz, Ensuite Bathroom Floor: Porcelain, Ensuite Bathroom Counter: Quartz, Cabinets: Laminate, Appliance Finish: Stainless, Fridge: Bottom Freezer, Stove: Elec Ceran Top, Heating Source: Heat Pump, AC: Individual
Deposit Structure
First deposit: 5%, Second deposit: 3%, Third deposit: 3%
Incentive Detail
Parking included; No assignment fee; Capped development charges at $12,000 (Q3-2024)
Pre Incentive Details
: Capped development charges at $12,000 (Q3-2024)
: No assignment fee
: Parking included
Pre Nearst Places
Nearst Places
York University
Yonge Sheppard Centre
Centerpoint Mall
Highways 401 & 407
Mortgage Calculator
$1,244,900
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Monthly
- Principal & Interest
- Property Tax
- Home Insurance
