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Vita On The Lake photo 1

Toronto

Vita On The Lake

By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community · Marine Parade Drive, Toronto Nearest Major Intersection:  The Queensway & Parklawn Rd

$900,000s

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Beds
Various
Baths
Various
Size
Contact for Details
Occupancy
TBA

Overview

is a study in timeless monochromatic architecture. Clean, classic, iconic modernity set against the tranquility of the lake and natural environment of the waterfront parklands. The building soars 53 storeys, a landmark for both boaters sailing home to the Humber Bay Marina and bikers on the Martin Goodman Trail. Residents at Vita on the Lake will enjoy expansive views to the downtown skyline from continuous wrap-around balconies that amplify the architectural design. Vita on the Lake is refined simplicity, a timeless design vernacular that eloquently speaks to a life uncomplicated.

Quick facts

Developer
Mattamy Homes
Address
Marine Parade Drive, Toronto Nearest Major Intersection:  The Queensway & Parklawn Rd
Pricing
Starting From The Mid $900’s
Occupancy
February 2020 – January 2021 Storeys / Suites:  Vita – 53 Storeys / 489 Suites // Vita Two – 16 Storeys / 169 Suites Suite Types:  Two Bedroom – Three Bedroom + Den Suites Suite Sizes:  1,101 sq ft – 2,073 sq ft Parking & Locker:  Included
Maintenance Fees
Vita – $0.55/sq ft // Vita Two – $0.58/sq ft (Excludes Hydro, Cable & Phone) Deposit Structure:  Vita – 5% on Signing / 5% in 90 Days / 10% on Occupancy // Vita Two – 5% on Signing / 5% in 90 Days / 5% in 365 Days / 5% on Occupancy
Incentives
Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Parking & Locker Included, Exclusive 1 Year Free Leasing Services & 1 Year Free Professional Property Management Services* Suite Finishes:  9ft Ceilings, Wide Plank Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Appliances, Stacked Washer & Dryer & More Building Amenities :  24/7 Concierge, Fully Equipped Cardio and Weight Room, Private Yoga Studio, Change Rooms with Relaxing Sauna, Party Room with Bar and a Private Dining Room – Both Have Direct Access to the Outdoor Pool, Sundeck and BBQ Entertainment Areas, Guest Suite Complete with TV

Other details

Thumbnail Url
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Why consider this project?

Vita On The Lake is a By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community project in Toronto. Treat the brochure as a starting point. The decision sits in the home type you would actually buy, $900,000s, and whether the occupancy fits your move.

Who it may suit

  • Buyers who are still choosing a home type and want this project in the comparison.
  • Clients who will look at the plan and the price list together.
  • Anyone already focused on Toronto and willing to rule the project out if the facts do not fit.

Who should look elsewhere

  • Buyers who want a decision from the brochure alone.
  • Anyone who cannot wait if occupancy slips.
  • People who have not named the other project this must beat.

What buyers should know

  • Published pricing here is $900,000s. The home you want can sit well above the opening number. Ask for the current price list before you register.
  • Occupancy is listed as an occupancy date that still needs to be confirmed. Treat that as the builder’s present estimate and plan your own housing around a range, not a single day.
  • Ask for the floor plans. A bedroom count without dimensions is not enough to choose a home.
  • If an incentive is offered, ask what it is worth in dollars and whether the price was adjusted to create it.
  • Cooling-off rules depend on the home type. Confirm, before you sign, whether this purchase has a statutory cooling-off period or only the terms in the builder’s agreement.

Fahad’s perspective

On Vita On The Lake, the work is to decide if it belongs on your shortlist, not to collect another brochure. We look at Toronto, the home type, $900,000s, and an occupancy date that still needs to be confirmed beside the other projects you are willing to buy. If the plan, the deposit schedule, or the location fails that test, we say so. The point of the conversation is the right unit, or a clear no.

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