A Closer Look at the Brand New Vaughan Metropolitan Centre
It’s not every day that you get to see the creation of a brand new master planned Downtown, but that is exactly what is happening in Vaughan. Dubbed the Vaughan Metropolitan Centre (VMC), it is one of the largest scale re-developments in the GTA and has caught the eye of the the condo investors. The 179 hectare development will become a true work-live-play City that will will be home to 36,000 workers and residents.
The Icona Condos, located in the heart of the brand new Vaughan Downtown will be launching soon and has huge buzz in the investor community. To get guaranteed first access, click the button below.
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The video below shows the vision for Vaughan’s New Downtown that will grow from Highway 7 & Jane.
The master planned community plans to incorporate:
- Commercial Space and Offices (major companies are already relocating here, including KPMG)
- Brand new Retail
- Shops & Cafe’s
- Hotels
- Convention Centres
- A brand new Entertainment District
- A brand new Subway stop
- Urban lifestyle
- Residential Condominiums
Brand New Subway
The growth of the VMC will be anchored around the brand new $2.4 billion Subway extension that will be located in the heart of the redevelopment and link Downtown Vaughan to Downtown Toronto, York University, the Airport (once the Eglinton line is completed) and many other key destinations.
The new Subway will help attract major companies to relocating their offices to Vaughan.
Brand New Condos
This intense growth will also bring forward new condominiums and allows investors the opportunity to be part of the new Downtown years before it is completed.
The Icona Condos will become the latest new condominium project in this budding neighbourhood. Developed by the Gupta Group, The Icona Condos will rise to 44 and 48 storeys and include a re-development of the existing 9 storey Hilton Garden Inn Hotel. Icona Condos is launching in early 2017 and we expect huge demand.
Expo Condos and Expo Condos 2 are nearing completion and will become the first condominiums in the new Downtown. The hugely successful condominiums launched and sold in 2012.
In early 2016, Plaza had a hugely successful launch with The Met Condos located on Jane Street just north of Highway 7, virtually selling out in just weeks.
Cosmos Condos was a huge success story at the new VMC. The project is developed by Liberty Developments, a developer that is very familiar with the Vaughan market having sold over 600 units at Centro Square Condominiums. Cosmos phase 1, 2 and 3 all sold out in record time.
The VMC is one of the largest scale re-developments in the GTA and is an area we feel that all serious condo investors should be looking at.
