Park Place Condos

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High-rise condo in Vaughan

Commerce Street at Highway 7, Vaughan, ON

Park Place Condos is the newest addition to SmartVMC, SmartCentres REIT’s 100-acre master-planned community in Vaughan’s new downtown centre.

This real estate project, which is now in the pre-construction phase, will be built on 1.7 acres of land and will have two towers with a total of 1,111 condo units. Park Place Condos is expected to be completed in 2027.

Its south tower will be 56 storeys tall, while the north tower will be 48 storeys tall and a three-story platform will link the two buildings. Park Place Condos was designed by Hariri Pontarini Architects.

Units will be a combination of one, two, and three-bedroom configurations and will range in size from 470 to 1,100 square feet.

Highlights

Neighborhood

This two-tower Vaughan condo project, located at the northeast intersection of Highway 7 and Commerce Street and immediately next to SmartVMC’s central 9-acre park, is set to expand the area’s developing skyline, create a dynamic and buzzing neighbourhood, and make life easier for all.

Future Park Place Condos inhabitants will be a few steps away from a fantastic shopping experience, as well as a selection of restaurants, cafés, and entertainment venues. There are also many family-friendly elements, such as professional services and facilities, well-known colleges, public transportation links, outdoor areas, and much more.

Transportation

Park Place Condos will be centred on direct access to public transportation, with York Region Transit providing both express and local bus service in the neighbourhood, as well as the company’s VIVA bus rapid transit network servicing a huge stop only steps away on Highway 7.

For major destinations, GO Transit’s bus station on Highway 407 provides direct connections to many locations in Southern Ontario.

Finally, motorists may take advantage of convenient access to both Highway 400 and Highway 407 for quick access to the GTA.

Education

This area is great for families wishing to settle down and have a family since it is home to several educational institutions that provide high-quality education to students of all ages, so parents can be confident that Park Place Condos is a family-friendly neighbourhood.

Postsecondary students will enjoy the proximity of universities such as Niagara University in Ontario, which is only a 6-minute walk away, or McLaughlin College, which is only a 9-minute drive away, making Park Place Condos ideal for off-campus living.

Outdoor

The upcoming Park Place Condos will be located in one of Vaughan’s most desirable areas, with everything within walking distance.
[mobileonly][expand title=”Read More”]Vaughan Mills and Yorkdale Shopping Centre are a short drive away and cater to all your shopping needs, including retail, services, restaurants, and more.

Aside from the metropolitan advantages, there are many recreational areas in the area that are great for unwinding. Spring Blossom Park, Southview Park, and Langstaff Park are all nearby public parks. Furthermore, for those who enjoy adrenaline rides and world-class attractions, Canada’s Wonderland is only a 10-minute drive away.[/expand][/mobileonly][desktoponly]Vaughan Mills and Yorkdale Shopping Centre are a short drive away and cater to all your shopping needs, including retail, services, restaurants, and more.

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Amenities

SmartCentre REIT is introducing Park Place Condos, the next phase of one of Canada’s fastest-growing communities, and it’s right here in Vaughan at the Vaughan Metropolitan Centre!

The development’s two structures are 56 and 48 stories tall. The 1,111 condo units in the building range in size from 470 to more than 1,100 square feet, and have one to three-bedroom floorplans.

Park Place Condos have Hariri Pontarini Architects‘ signature curving style, with the podium veering inward to surround a courtyard on the west. The project delivers a modern expression that is distinct and noticeable on the built Vaughan skyline.

The total amenity space will be 27,437 square feet indoors and 21,033 square feet outside. Park Place Condos will have 10,000 square feet of usable space on the ground level.[mobileonly][expand title=”Read More”]The amenities will be located on the second and third floors of the common podium. A workout center with yoga and wellness areas, a cycling lab, a lounge and games room, and a huge outdoor terrace with an outdoor cooking area will be among the amenities. The building will have smart technology equipped with WiFi in all communal spaces, touchless entry, smart thermostats, and app integration. The structure will have a three-story underground parking garage.

Finally, the proposed development fronts immediately onto the 9-acre central park at the center of the SmartVMC master plan. The park was planned by famous landscape architects Claude Cormier and Associés, and the central center of the park will have a sunken lawn, a children’s play area, and a dog park, becoming a large backyard for residents.[/expand][/mobileonly][desktoponly]The amenities will be located on the second and third floors of the common podium. A workout center with yoga and wellness areas, a cycling lab, a lounge and games room, and a huge outdoor terrace with an outdoor cooking area will be among the amenities. The building will have smart technology equipped with WiFi in all communal spaces, touchless entry, smart thermostats, and app integration. The structure will have a three-story underground parking garage.

Developer

Founded in 1989, SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 168 strategically located properties in communities across the country. SmartCentres has $10.3 billion in assets and owns 34.0 million square feet of income-producing value-oriented retail space with 97.3% occupancy, on 3,500 acres of owned land across Canada.