Park Place Condos

About Park Place Condos Development

Park Place Condos by SmartLiving is a condo development located at 7 Commerce St, Vaughan Ontario. This development offers two towers and is part of the Smart VMC master-planned community. This project is estimated to be completed in 2027.

Key Takeaways

• Park Place Condos are part of the SmartVMC master-planned development in Vaughan, offering luxury living with a mix of residential, office, and retail space, including a 9-acre central park.
• Residents will enjoy modern amenities such as fully-equipped fitness centers, outdoor terraces, and dedicated social spaces, with varied layouts featuring luxury finishes and spacious balconies.
• Strategically located for connectivity, the two towers provide easy access to Vaughan Metropolitan Centre transit options and are positioned as a viable investment opportunity with strong growth potential in the emerging city center.

Discovering Park Place Condos by SmartCentres REIT

Park Place Condos represents an addition to the ever-expanding portfolio of SmartCentres and SmartREIT as a pre-construction condo development. This mixed-use condominium community is strategically positioned at Jane St & Hwy 7, part of the thriving Vaughan Metropolitan Centre. Here, residents can enjoy a vibrant mix of:

• Residential condominiums
• Office towers
• Retail
• Parks
• Pedestrian paths

All conveniently located within a subway station’s reach.

Park Place joins the SmartVMC master-planned development, an ambitious project aiming to transform Vaughan’s cityscape. Located at the core of this development, Park Place Condos takes advantage of well-planned crosswalks and pedestrian paths, offering effortless access to public amenities within the Vaughan Metropolitan Centre.

The Vision Behind Park Place

Envision elegant, luxury-inspired towers that contribute to the dynamic SmartVMC, the new downtown center in Vaughan. This is the vision behind Park Place Condos, a strategic phase in realizing the SmartVMC master plan’s vision of a vibrant urban downtown that enhances Vaughan’s cityscape.

Sustainability, livability, and prosperity form the central tenets of Park Place Condos’ design philosophy. The goal is to foster a robust and enduring community within the emerging skyline of Vaughan. With a generous retail plaza and a 9-acre central park, Park Place highlighted the importance of outdoor living and community engagement.

Architectural Excellence

The Two Towers, including the North Tower, set the tone for the modern design of Park Place Condos. These luxury-inspired towers include unique features such as:

• Terra cotta ‘fins’ that form a stepped silhouette
• Generous windows
• Fritted glass gradients
• Horizontal gradiated louvres

The elegance of the condos is further accentuated by structural features such as smooth finished nine-foot ceilings and floor to ceiling windows, contributing to a sense of grandeur and openness within each unit. Complementing the luxurious interiors are the spacious, family friendly balconies perfect for private enjoyment of the outside views and entertaining guests.

Unveiling the Residences: Layouts and Luxuries

Park Place Condos houses 1,100 residential units across two towering structures, standing 48 and 56 storeys high. The South Tower units offer a range of sizes, from 477 to 995 square feet, tailored to accommodate a luxury living experience.

Select suites in the South Tower are designed with extra counter space and feature a gorgeous island, catering to both aesthetic and functional needs. Each South Tower residence is fitted with spacious balconies that are family-friendly and perfect for entertaining guests, providing an extension of the living space outdoors.

A Glimpse Inside

Once inside Park Place Condos, the exquisitely crafted interiors resonate with a sense of luxury and elegance. Kitchens boast a modern single slab porcelain backsplash, with select suites featuring a kitchen island for extra counter space.

The bathrooms are enhanced with the option of black or brushed gold fixtures, providing a sleek and luxurious feel. The superior quality materials and finishes, including porcelain and brushed gold, define the quiet luxury that SmartLiving aims to provide in each unit.

Outdoor Living Enhanced

As part of their amenities, Park Place Condos extends the living space outdoors with large outdoor terraces. Adjacent to the condominiums, a nine-acre park with cycling trails will provide additional outdoor fitness opportunities for residents.

The nine-acre park near Park Place Condos will include:

• A sunken lawn for picnics and social gatherings
• Trails
• A central park
• A pergola

These amenities will offer outdoor spaces for social activities and leisure for the community.

Exclusive Amenities at Park Place

The amenities at Park Place Condos are crafted with the intention of enriching the residents’ lifestyle. The development provides a fully-equipped fitness centre, and residents will also be in proximity to the new 77,000 square-foot Vaughan Metropolitan Centre YMCA, complete with gymnasium, pools, and comprehensive fitness facilities.

For those who enjoy outdoor activities, Park Place Condos features an outdoor BBQ area, allowing for ample opportunities for relaxation and social gatherings. The state-of-the-art amenities like the fitness centre are a reflection of the current market’s emphasis on lifestyle-enhancing features for homebuyers and investors.

Wellness and Fitness

Wellness and fitness form the cornerstone of Park Place’s design. The development will feature a fully-equipped fitness centre that caters to the wellness and fitness needs of its residents.

While details are currently limited, Park Place also anticipates the inclusion of a modern feature for cycling enthusiasts – a cycle lab. This addition will further emphasize the focus on wellness and fitness within the community.

Social and Leisure

Park Place Condos offers a wide variety of activities. Indoor lounge and games room areas create a welcoming environment for residents to socialize and unwind, complemented by a separate games room for additional entertainment.

The outdoor BBQ area provides a communal space for residents to host intimate gatherings, fostering community connection. While no specific details on the sunken lawn were provided, residents can expect a range of social and leisure amenities that cater to a variety of interests and activities.

Minutes away is Canada’s wonderland, a dog park and a vibrant community growing for families.

Connectivity and Convenience in Vaughan

Situated at the core of a transit-oriented community, Park Place Condos offers instant access to the Vaughan Metropolitan Centre subway station and the SmartVMC Bus Terminal, thereby improving resident connectivity. These transit city condo towers are designed to enhance the urban lifestyle of those living in Park Place Condos.

Residing at Park Place Condos places York University only two subway stops or a 6-minute drive away, while Vaughan Mills Shopping Centre is within a 10-minute drive, offering an array of shopping and dining options.

The strategic location allows easy access to major highways, including direct access to Highway 7 and only minutes from Highway 400, which links to Highways 407 and 401.

Transit Options

Located a mere walking distance from the Vaughan Metropolitan Centre station, Park Place Condos ensures residents can easily access the subway for their commuting and travel requirements.

At the VMC subway station, residents of Park Place Condos can avail themselves of a variety of transit options, including express and local bus services from York Region Transit and the VIVA bus rapid transit network.

Retail and Dining

Featuring over 10,000 square feet of selected retail space, Park Place Condos provides residents with effortless access to a diverse range of shops.

The master-planned community surrounding Park Place Condos offers a wide array of dining and shopping experiences, all within walking distance, enriching lifestyle options for residents. With pedestrian-friendly streets and walkways, residents can easily navigate to a selection of retail outlets and dining venues, promoting a walkable urban environment.

Investment Potential and Market Insights

Centrally situated in Vaughan’s rapidly developing new city centre, Park Place Condos emerges as a coveted alternative to downtown Toronto.

Due to its strategic urban development, the Vaughan Metropolitan Centre offers a more affordable lifestyle, which is likely to drive property value growth over time. Park Place Condos offer strong connectivity to local amenities, are near major highways, public transportation, and top attractions like Vaughan Mills Shopping Centre, enhancing their investment allure.

Economic Growth Factors

Covering over 100 acres, the SmartVMC plan envisages a comprehensive amalgamation of over 20 million square feet of:

• residential
• retail
• commercial
• cultural spaces

This will significantly energize the region’s economy.

The rapid development of VMC is set to achieve targets of 12,000 residential units, 1.5 million square feet of office space, and 750,000 square feet of retail space by 2031, indicating a strong market for investments in properties like Park Place Condos. By creating a hub for innovation and accessibility, Park Place Condos is actively contributing to the economic upturn and livability of the Vaughan area.

Park Place Benefits for Homebuyers

Adjacency to the future central park of SmartVMC bestows Park Place with copious green space, making it a vibrant focal point for the neighbourhood in the northeast corner.

With pedestrian-friendly streets within the master-planned community, Park Place Condos ensures easy access to multiple transit options. The design philosophy of Park Place reduces the necessity for local car trips, aiming to decrease the community’s carbon footprint and contributing to a cleaner environment.

SmartLiving Introduces Park Place

Park Place Condos’ SmartLiving concept enriches the resident experience by weaving together art, culture, and balanced living within the SmartVMC community.

The architecture at Park Place prioritizes environmental sustainability and resilience, aiming to meet high environmental standards for efficient and minimal energy use. Park Place Condos’ SmartLiving features luxury-inspired towers with a focus on a 9-acre Central Park, promoting outdoor living and fostering community engagement.

Residents get to enjoy an intimate gathering space, elevated modern design and amenities located in the building.

Summary

Park Place Condos offer a compelling blend of luxury, convenience, and investment potential. The development is strategically located in Vaughan’s budding city centre and offers a range of amenities designed to enhance the quality of life for its residents.

Whether you’re a first-time homebuyer or an experienced investor, Park Place Condos presents an excellent opportunity to be part of Vaughan’s vibrant and growing community.

Frequently Asked Questions

Where is Park Place Condos located?

Park Place Condos are located at Jane St & Hwy 7, in the Vaughan Metropolitan Centre, offering a strategic location for residents.

What amenities does Park Place Condos offer?

Park Place Condos offer a fully-equipped fitness centre, indoor lounge areas, games room, outdoor BBQ area, and large outdoor terraces, making it a well-equipped and comfortable living space for residents.

What is the SmartVMC master plan?

The SmartVMC encompasses over 100 acres, featuring a diverse mix of over 20 million square feet of residential, retail, commercial, and cultural spaces. This plan is designed to create a dynamic and thriving community for residents and visitors. This project will feature two towers with nine foot ceilings.

How does Park Place Condos contribute to environmental sustainability?

Park Place Condos contributes to environmental sustainability by prioritizing efficient and minimal energy use to meet high environmental standards.

Looking for more options? Check out these new pre-construction condos in Vaughan.