clogo
PCG Logo_monogram rose
PCG Logo_monogram rose

REGISTER TO RECEIVE PLATINUM FLOOR PLANS

AND PRICING FOR

316 JUNCTION CONDOS

AMENITIES
GALLERY
MAP

Overview:

Project Name: 316 Junction Condos

Address: 316 Campbell Avenue, Toronto, Ontario, M6P 3V9

Developers: Marlin Spring

Completion Date: 2027

Number of Units: 309 

Unit Sizes: 461 sq ft to 792 sq ft; 1 to 3 bedrooms

316 Junction Condos By Marlin Spring, Junction Triangle, Toronto

Project Overview 

Junction Triangle,  one of West Toronto’s bustling neighbourhoods, welcomes a new condominium project – 316 Junction Condos developed by Marlin Spring. Akin to the groups other projects, the 28-storey tower being constructed on 316 Campbell Avenue looks spectacular. It has tons of useful amenities and it’s located right next to Dupont Street & Lansdowne. According to me, this is going to be one of Toronto West End’s hottest pre-construction launches of the year. 

 

316 Junction Condos is positioned to take up a very coveted spot in the Junction Triangle neighbourhood and that’s super-exciting for prospective residents. Junction Triangle is a booming neighbourhood as it’s able to offer its residents the charm of urban living away from downtown Toronto. At 316 Junction Condos, you have transit stops for multiple transit lines nearby, a beautiful park as a neighbour and tons of shopping centers close by to cater to all your essential and impulse purchases. 

 

Marling Spring is a relatively new player in the real estate development market. Launched in 2014, they specialize in boutique condominium projects rooted in the community. They are known for their keen eye for detail incorporating art, efficiency and functionality into its projects.

Why Invest In 316 Junction Condos?

One of the reasons we love Junction Triangle is because the neighbourhood often commands premium prices. It’s one of West Toronto’s best neighbourhood currently under-served with only condos nearby. But that too is soon going to change. There are 20+ only condo developments slated for launch between 2023-2027. What all of this really means is that this is good news for rental investments and future market value of 316 Junction Condos

Location / Neighbourhood 

What once used to be an industrial neighbourhood, is now a bustling, thriving community that many individuals and families now call home. Junction Triangle has undergone this evolution partly due to the local attraction nearby. 316 Junction Condos that has a walk score of 82 and transit score of 88 out of 100. 


Below is a list of some of the local attractions nearby: 

Transit:

– TTC bus stop (1-minute walk, at the doorstep)

– Dundas West TTC Stop (18-minute walk, 11-minutes by public transit)

– Bloor GO stop (15-minute walk) 


Parks / Trails:

– Perth Square Park (6-minute walk) 

– Campbell Avenue Park (6-minute walk)

– Carlton Park (6-minute walk)


Shopping:

– Food Basics (4-minute walk)

– Dollarama (5-minute walk)

– FreshCo Dufferin & Dupont (10-minute walk)

– Osler Fish Market (8-minute walk)


Entertainment / Recreation: 

– Caldense Bakery (1-minute walk) 

– Dotty’s (4-minute walk)

– Gus Tacos (5-minute walk)

– Planet Fitness (10-minute walk)

– Museum of Contemporary Art (9-minutes by public transit)

– Chica’s Chicken (10-minutes by public transit)

– The Drake Commissary (12-minutes by public transit)

– Dirty Food Eatery (18-minutes by public transit)

The two towers will also share a centrally-located lobby that will have pedestrian access from Dawes Road and a passenger drop-off/car entrance from Guest Avenue to the west. When it comes to public transportation, Dawes Condos is nearly unbeatable with its Rider’s Paradise Transit Score of 93. In just 8 minutes by foot, condo residents can walk to the Main Street Line 2 TTC subway station, allowing them to commute downtown in just 36 minutes.

Conversely, residents can also walk to the nearby Danforth GO Station in the same amount of time, allowing for downtown commutes of just 23 minutes.

And, other than use bus routes found throughout the neighbourhood, residents can opt to use a vehicle and drive downtown in just 22 minutes or the Beaches neighbourhood in just 11 minutes.

Wide-ranging in its influence, fully-encompassing in its convenience, awe-inspiring in its luxurious design — this east-end condominium has it all, making it the ideal home for new families and the ideal investment for savvy investors.

FLOOR PLANS

– Studio

– 1 Bedroom or 1 Bedroom + Den

– 2 Bedroom or 2 Bedroom + Den

– 3 Bedroom or 3 Bedroom + Den

AMENITIES

– 2-storey, full-equipped fitness center assisting you with your fitness goals

– Multiple lounges to socialize, read or relax 

– Co-working space, library, and art/creative studio to network, exercise creativity, and boost productivity

– Games room in addition to indoor and outdoor spaces for kids to play 

– Pet wash facilities to take care of your furry friends

PRE-CONSTRUCTION CONDO FREQUENTLY ASKED QUESTIONS

The process to buying pre-construction condos can be quite rushed. When you register with us for a project, we’ll reach out to you to get your specifics, so it’s good to know in advance the type of unit you’re looking for and your budget. If you register ahead of the sales launch and are serious about buying, we will get you to fill out a builder suite request worksheet.
We are unable to guarantee that the suite you request will be allocated to you and your agent. Many pre-construction sales launches are extremely competitive and fast-paced. To increase your odds of receiving an allocation it is best to be flexible on the type of suite, floor and exposure that you have requested. You are also in no way obligated to purchase the suite you’ve been allocated.
The deposit structure on pre-construction condos will vary from project to project but generally breaks down like this:

$5,000 on signing
balance to 5% in 30 days
5% in 60-90 days
5% in 120-270 days
5% on occupancy
Getting a lawyer, preferably one who is familiar with pre-construction contracts, is never a bad idea. We would encourage our clients to have a real estate lawyer review their Agreement of Purchase and Sale during the Cooling Off period. If you need help finding a lawyer, we can introduce you to our lawyer who handles many of our pre-construction clients.
On closing, which is three to four years after signing, you will need to pay closing costs. As with any property purchase you will have to pay:

• Legal fees (about $1,500-$2,000)
• Municipal & Provincial Land Transfer Tax (this will depend on the price of the property–use our Land Transfer Tax calculator )

In addition to these, pre-construction closing costs also include:

• Development charges (these vary per project depending on the unit type but can range from $5,000-$12,000)
• HST (for investors, which can be rebated back up to $24,000)
By submitting a worksheet, you increase your chances of getting your preferred suite. In essence, it is a suite request sheet. It shows the condo developer that there are interested buyers. Agents are then allocated suites based on the worksheets they submit.

Many pre-construction launches are fast-paced and extremely competitive with buildings selling out in 24 hours. In these launches a suite request worksheet submission is necessary to ensure that you actually have a possibility of receiving the suite you’d like (but this is never guaranteed).

You are not guaranteed to receive the suite you request and you are also in no way obligated to buy the suite you’ve been allocated.
Pierre’s expertise in Toronto’s pre-construction condo market has earned him Platinum Broker status among Toronto’s top developers. This means that when you buy or invest with the Pierre Carapetian Group team, you have your pick of the best floor plans and the lowest pricing available.We represent you, not the builder and we will always guide you towards projects that we believe are a good investment and have great resale value.
Yes. As we mentioned, the process to buying pre-construction can be quite competitive and rushed. After you’ve signed an Agreement of Purchase and Sale with the builder you are given ten days to look over the contract and ensure everything looks good for you. Keep in mind, the cooling off period is ten consecutive days, not ten business days.
You won’t need a mortgage pre-approval right away, but it is always best to speak to your mortgage professional so that you fully understand your borrowing power.

You will however need a Mortgage Letter that states upon the building taking occupancy you will be able to afford and carry the property. Typically this is required within the first 30 days of signing. It is always a good idea to get a mortgage pre-approval in the beginning of your real estate journey so that you know how much you can afford.
This will depend on whether you are buying as an end user (planning to live there) or an investor. In Ontario, there are two types of HST Rebates in place for newly built properties.

If you are buying as an end user, typically the Ontario HST rebate is assigned to the builder directly upon closing, allowing the builder to essentially pay the cost of the HST from your purchase.

If you are buying as an investor, you must pay the HST upfront at closing and have your lawyer file for a full HST rebate, refunded 4 to 6 weeks later provided they have a one year lease in place.
A FREE GUIDE TO

INVESTING IN PRECONSTRUCTION

TORONTO CONDOS

Learn how to properly invest in Pre-Construction real estate. With over 500 investment properties, my clients have made millions by making smart real estate decisions. Now, it’s your turn.

GET THE FREE GUIDE

REGISTER FOR FLOOR PLANS AND PRICING AT 316 JUNCTION CONDOS

YES I WANT ACCESS