
Pavilia Towers, Markham
Markham ·
Overview
About Pavilia Towers, Markham
Taking advantage of a city as it rapidly gains recognition as a major science and technology hub, this development will pair sophisticated living spaces with modern amenities and a neighbourhood that continues to urbanize at a rapid pace. Pavilia Towers is a pre-construction condominium development in Markham, proposed by the Times Group Corporation. Coming hot on the heels of their nearby townhome project, these towers have a tentative occupancy date of 2021. Occupying a convenient site on Highway 7 just east of Bayview Avenue, this Markham condominium is still in the proposal phase and details about height and unit mix have yet to be released. The Times Group has several condominium projects in the area, and we love the classic, yet contemporary look of their buildings. For these residences, they’re planning sleek and modern suites with open-concept layouts, high-quality finishes and a range of suite sizes. Tower A will rise 36 storeys and will offer 400 luxury residences. Layouts in this building will encompass: 1 bedroom plus den suites at 849 square feet. 2 Bedroom suites from 882 to 1,117 square feet. 3 bedroom suites offer layouts ranging from 1,258 to 1,326 square feet with ceiling heights varying between 9 and 12 feet high. Condos in Markham, Ontario have the benefit of a region that’s showing some of the most extreme growth. Boasting over 1,000 technology and life-science organizations, it’s rapidly gaining a reputation as the province’s “high-tech capital.” The increase in jobs has led to an increased demand for homes and rental units, making it an excellent place to consider if you’re looking for an income property. The number of new developments in Markham is staggering. Many of these are mixed-use towers or master-planned communities, not to mention the region’s two massive urban revitalizations that are in the works, one of which spans over 200 acres. With an added influx of retail, office and community space, the city is on track to become a major destination where it’s possible to live, work and play. It’s also a region with excellent transportation access. Highway 7 and 407 make it easy to get around and it’s only a 30-minute drive into the heart of Toronto. With plentiful access to a diverse range of restaurants, shopping centres, schools and community facilities, Markham is a great region to consider, whether you’re a growing family, a young professional or a downsizer.
Address
South Park Rd & Hwy 7, Markham, ON L3T 0B6, Canada
Home type
High-rise
Occupancy
Move in 2021
Why invest here
Platinum incentives
- ●Absolute first access to pricing and floor plans
- ●The best incentives and promotions
- ●Extended deposit structures
- ●Capped development levies
- ●Right of assignment
- ●Free lawyer review of your purchase agreement
- ●Free mortgage arrangements
Location & lifestyle
South Park Rd & Hwy 7, Markham, ON L3T 0B6, Canada · Markham
What would this cost per month?
Mortgage estimate — Pavilia Towers, Markham
Based on the starting price of $700,000. Adjust the numbers to match the suite you're considering.
Amortization
Estimated payment
$3,096 /mo
or $1,429 bi-weekly
- Mortgage amount
- $560,000
- First payment — interest
- $2,076
- First payment — principal
- $1,020
- Total interest over term
- $368,901
Need land transfer tax and closing costs too? Open the full calculators.
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