Harbour Plaza condos in downtown Toronto’s vibrant South Core Financial District is a spectacular mixed-use community – a unique integration of live-work-shop- play – set to transform the face of this fast-changing location.
Benefits of Working with Top Agents
Our track record with this builder has allowed us to pre-negotiate additional savings for our buyers :
  • Pricing, discounted below public offering
  • Official development floor plans
  • Exclusive online only promotions
  • Guaranteed access to the best suites
  • In-Depth neighbourhood analysis
  • Official features and finishes
0 cents
$ 0.60 / sq ft maintenance fee
  • SAVE $$$ pre-negotiated builder incentives
  • FREE lawyer review of agreement
  • FREE rental of your condo suite
  • FREE Ipad with every purchase
  • COMPLIMENTARY mortgage pre-approval
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Ready for Occupancy in 2017

Download your Investment Package, which includes:

Floor plans, starting from prices, purchase incentives, neighbourhood stats & more.
Meet the Team
Frank Farhangi **
647-296-5489
Filipp Kotlyar *
647-227-6906

We offer authoritative assessment of pre-construction condo opportunities to local & international purchasers maximizing their return on investment.

Many first time pre-construction condo purchasers mistakenly believe that registering on the developer’s site is the best way to get access to the project at the lowest price.

The Toronto condo market has matured into the most advanced in North America over the past decade. With the release of thousands of new condos, the staggered release process has been adopted as the best practice.

A staggered release usually follows this format:

  1. Release to Platinum brokers
  2. Release to VIP agents
  3. Release to developer’s registrants list
  4. Release to public

With over 20,000 new condos being sold per year, a special breed of realtor has arisen. Platinum agents are realtors who have sold a large volume of suites with a particular builder. Once an agent has reached the Platinum status, the developer will invite them to exclusive events and release the pricing and floor plans to them before the public and regular agents.

Over 20% of the units sold in new condos are sold by a handful of Platinum agents before most people are even aware the condo is available for sale.

The benefits of being a part of the Platinum buying group are that you get first choice of suites at the lowest initial pricing. There are also typically special promotions made available to the Platinum buying group to help build momentum of sales at the crucial launch phase of the project.

Our team has achieved Platinum status with the largest and most respected developer’s in the GTA.

Register on this page to receive your full Platinum access to this development.

Buying a new condo has some additional expenses you should budget for including:

  • Land transfer tax
  • Legal fees
  • Development charges and educational levy
  • Park levy
  • Tarion warranty enrolment
  • Bank appraisal fee
  • 2 months of condo fees
  • Law society of Ontario fee

The amounts will vary depending on how expensive your condo is and the location. Don’t be scared about the closing costs, everyone who buys a new condo has to incur the same costs this goes into their budgeting when they decide on a selling price. By being a part of Platinum group of buyers, you will have access to the lowest initial pricing and will have a positive buffer to work with compared to the typical purchaser at the project.

Consult a sales representative for more details and to calculate your approximate closing costs and consult experts when you are planning your investment.

Our team has extensive experience working with international purchasers from around the globe including Asia, Africa, Europe, South America and Australia.

International purchasers will need to provide:

  • Deposits totalling 35% of the purchase price.
  • Two forms of government issued photo ID.
  • With increased scrutiny on the transfer of international funds, the developer may request additional documents to confirm the source of the funds.

Our Sotheby’s International network can provide you with white glove service in over 49 countries around the world. We can help you manage your investment as a turn-key service, with full rental and property management services available at your request.

Contact a sales representative for more details.

In a typical pre-construction condo launch the best time to purchase is during the Platinum launch. The prices are the lowest and the availability is more open because the building just started sales.

In some cases, if the project is between 60-70% sold, the developer may choose to make a push to reach their construction financing targets (typically 75% of the project should be sold before a bank will finance the construction). In this scenario, the developer will offer a few Platinum brokers access to these special incentives for their clients to reach their financing target.

Working with a Platinum agent has significant benefits in either scenario, if you aren’t in the know you will miss out on these opportunities.

Our team does a large volume of pre-construction condo sales with the most respected developers in the Greater Toronto Area.

With our Platinum status we can help you save time and money because the developers provide us with special access to their projects. Here are some of the ways you will save time and money:

  • Access to the initial release of suites at the lowest pricing
  • No waiting in lines
  • In depth authoritative analysis of each project and neighbourhood market stats
  • We cover a lawyers review of the purchase and sale agreement
  • Immediate cash savings with Platinum VIP incentive programs
  • Deferred deposit structures
  • Consultation on the selection of your ideal suite layout
  • Waived listing fee for first time rental of your suite (optional)
  • Experienced consultation during pre-delivery inspection of your suite (optional)

Not being represented properly or working with the developer unrepresented can be one of the biggest mistakes you can make in a pre-construction condo purchase.

Our brokerage is paid a commission by the developer upon successful completion of your transaction, you are not responsible to pay any commissions for our services that save you thousands. When you can get all of these valuable benefits and actually save money, it makes sense to work with professional pre-construction condo specialists.

Working with a Platinum status pre-construction condo specialist will save you thousands of dollars, countless hours of time, and make your service experience significantly better.

Our experience and volume of sales with the most respected developers equates to money in your pocket.

Working with a specialist makes sense in almost every area of your life.

For example, when your family has a new baby you would visit a pediatrician because your baby will get the best care with their specialized knowledge and experience of a newborn’s needs. If your car needs servicing, you would take it to a mechanic who is trained and experienced in servicing your brand of vehicle.

Working with a specialist makes sense because you get better service. Don’t take the chance of working with a friend who happens to be a realtor or trying to go at it alone, this is literally the #1 mistake in pre-construction condo investment!

Register on this page to receive your investment package and to get in contact with us.

For residents the deposit structure is:

  • $5000 with offer
  • Balance to 5% in 30 days
  • 5% in 90 days
  • 15% on occupancy
Every purchaser has their own strategy and goals when investing in real estate but they all fall into one of three categories:

  • Short term investor: Will sell before final closing via an assignment or shortly after final closing. This investor does not want to be a landlord or deal with maintaining condos and are usually interested in established neighbourhoods and projects where they can see appreciation on their deposits that are above what they would get by keeping their money in the bank or in mutual funds.
  • Medium term investor: Will buy pre-construction and rent the property for a few years before selling the condo for a profit. This takes a bit more management and patience but will allow you to get a higher return on your money. The renter will pay your mortgage for a few years and put some additional equity in your pocket while the market value of your condo appreciates further. Most investors fall within this category.
  • Long term investor: Will buy pre-construction and rent the property indefinitely with no plans to sell. This type of investor is thinking about condominiums as a way of building wealth over the long term. Their portfolio of condos are being paid off by their tenants and are increasing steadily in value over time. With this method, a long term investor will eventually have several paid off properties that are generating cash flow for them.

The beauty of pre-construction condos is that you have the time and flexibility to adapt your strategy. We typically recommend a medium to long term approach to investing in real estate because that is the safest and most reliable way to build your wealth with a cash producing asset.

4th Floor Amenities Plan
Recent Blog Posts
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Selling Assignments at Harbour Plaza Residences

With the growth in pre-construction condos, assigning purchase and sale agreements has become a popular way to liquidate your investment and avoid the hassles of closing. In order to execute these types of transactions you will need the services of individuals who have extensive experience with pre-construction condominiums and have a database of buyers at their disposal.

Frank Farhangi and Filipp Kotlyar have been selling Harbour Plaza Residences since its initial sales release and have grown […]

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Harbour Plaza Residences – Penthouse Released

The week we are proud to announce the long awaited release of penthouse suites at Harbour Plaza Residences.  The Sky Penthouse Collection as it has been called will feature 10 foot smooth finished ceilings, engineered hardwood flooring and European Miele appliances throughout. With only 4 condos per floor at the penthouse level and three dedicated elevators servicing the higher floors residents at Harbour Plaza Residences will enjoy all that modern day luxury living has to […]

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The Globe and Mail announced last week that Sun Life Financial Inc. plans to move out of its King Street office and move into the commercial tower at Harbour Plaza, known as One York. This marks the beginning of a move many large companies in Toronto are undertaking, leaving  the old commercial office buildings behind and setup in brand new LEED certified buildings like Harbour Plaza Residences.

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Following the huge success of Phase 1, Menkes has accelerated the release of Phase 2 suites at Harbour Plaza Residences to meet the ever growing demand. The new floor plans are exceptionally planned, and the new exposures provide an additional assortment of stunning views. One great condo at Harbour Plaza Residences I have recommended to many of my clients is the PORT (pictures below).

Residents will benefit from a highly efficient square shaped layout facing north […]

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The initial launch at Harbour Plaza Residences has been a great success, so much that Menkes is now releasing the Harbour Collection. Beginning on the 55th floor and above; the Harbour Collection will contain condos with some of the best views in the city. Just take a look at some of these views.

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Planes, Trains and a PATH to the TTC

Harbour Plaza Residences are at the epicentre of transportation in downtown Toronto. This highly sought after location makes them not only an easy destination for friends and family to visit, but also easier for you to get practically anywhere in the country. Let’s take a comprehensive look at this phenomenal infrastructure by starting at street level.

The Harbour Plaza Residences will be located at the intersection of York and Harbour, a quick five minute walk to […]