Preconstruction Spotlight: TRETTI Condos Toronto

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TRETTI Condos Toronto is a new development located at Wilson Avenue and Tippett Road with an expected occupancy date of August 2021. This development is jam-packed with all the perks of condo living and is located just steps away from the Wilson Subway Station.

About TRETTI Condos

Located at 30 Tippett Road, TRETTI Condos boasts a Scandinavian design, a Toronto address, and the possibility of owning a two-bedroom unit on the subway line from the mid $400Ks. Suites range from 418 square feet to 800+ square feet and come in a variety of one-, two- and three-bedroom configurations.

TRETTI Condos is split into Building A and B and is a 13- and 14-storey development with 350+ residential units. The project is planned to have ample car and bike parking spaces for both residents and visitors, car share available for those who only need a vehicle sometimes, and Electric Vehicle (EV) charging stations on site for the environmentally-conscious.

TRETTI Condos Toronto - Coworking Space
A rendering of co-working spaces offered at TRETTI Condos

TRETTI welcomes residents and visitors alike with a lobby with soaring ceiling heights and 24-hour concierge. In terms of amenities, TRETTI offers a fitness studio with yoga room, a children’s play area, pet wash stations and a pet play room, a wi-fi enabled shared co-working space with private meeting rooms, a party room with catering kitchen that opens to an outdoor rooftop terrace and outdoor kitchen, an outdoor soft-turf children’s play area, an outdoor lounge area, and easy access to approximately 11,000 square feet of planned retail space.

TRETTI strives to seamlessly combine indoor and outdoor spaces. Two private courtyards provide space for adults and children alike. Rolling hills made of a rubbery eco- and kid-friendly material anchors the outdoor children’s play area, while there is an outdoor square off the co-working space for adults, shaded by birch trees and lined with bistro tables.

TRETTI Condos Toronto - Exterior Rendering (Aerial View)
An aerial rendering of TRETTI Condos – green space and children’s outdoor play area visible from above

TRETTI Condos Financials

If you invest using a Platinum/VIP agent, you can avail of an attractive extended deposit structure as follows:

  • $5K with offer
  • Balance to 5 per cent in 30 days (one month)
  • 5 per cent in 180 days (six months)
  • 5 per cent in 450 days (just under a year and a half)
  • 5 per cent at occupancy

A parking spot will cost $50K, with parking maintenance costs coming in at $60 a month. A locker will cost $5K, with locker maintenance costs being $20 a month.

TD will assist with mortgage financing, and mortgage pre-approval is required 60 days within signing.

Assignments are permitted.

Maintenance fees are expected to cost 58 cents per square foot a month. Suite hydro, heating, and cooling are individually metered, however Rogers is providing bulk internet 1GB/20Mb high-speed internet service to all residential suites for the first two years.

The TRETTI Condos Neighbourhood: Wilson Heights

TRETTI Condos Toronto - Exterior Rendering (Park View)
TRETTI is surrounded by green space and yet still very accessible to the rest of the city

TRETTI Condos are surrounded by 75,000 square feet of abundant green space while still being steps away from the Wilson Subway Station. TRETTI is very well connected and boasts a Transit Score of 98/100, being only…

  • A two-minute subway ride from upscale Yorkdale Mall
  • Eight minutes to the Eglinton LRT
  • A 10-minute subway ride to York University
  • A 16-minute subway right to St. George Station/Bloor Street and the University of Toronto downtown campus
  • A 17-minute subway ride north to Vaughan Metropolitan Centre
  • A 24-minute subway ride south to Union Station and the heart of downtown Toronto

The Wilson Heights neighbourhood is ripe with redevelopment, with all three levels of government recognizing the opportunity in this area and committing more than $3 billion to its regeneration.

The community surrounding TRETTI is home to nearly 100,000 jobs with internationally-recognized employers and, large projects are adjacent to the space. For example, nearby Downsview Lands will see an anticipated growth of 42,000 new jobs and residents, with the Downsview Airport Redevelopment project (a 375-acre urban renewal project of international scale) and Downsview Lands Aerospace and Innovation Hub close by (with a brand new $72-million aerospace campus). Yorkdale Mall (a two-minute subway ride away) is also seeing a great deal of growth, with a proposed plan that will see the mall transform into a hotel and office space as well.

TRETTI Condos Toronto - Exterior Rendering (West Path View)Plans for the area also include the redevelopment of Downsview Park as a National Urban Park, the creation of an extensive network of new pedestrian and cycling trails, a Finch West LRT expansion that will see an 11-kilometre light rail transit line with 18 new stops, and the Toronto-York Spadina Subway Extension that will connect Downsview Station to Vaughan Metropolitan Centre.

Why invest in TRETTI Condos?

TRETTI Condos biggest draw is that you can get a 2-bedroom unit steps from the subway from the mid-$400Ks – a competitive asking price for two-bedroom units with this level of accessibility in Toronto.

TRETTI Condos 92/100 Transit Score means that people living here can transport riders easily south to Union Station/downtown Toronto and north all the way to Barrie.

TRETTI Condos Toronto - Children's Play Area
TRETTI Condos features an indoor and outdoor children’s play area that makes it a development that is particularly geared towards young families and those with young kids

TRETTI Condos are located in a family-friendly neighbourhood as well, close to a number of great schools, daycares and high schools. Post-secondary students can take the subway quickly north to York University and Seneca College, arriving on campus within 10 minutes. The family-friendly amenities such as children’s play area are definitely draws for young families as well, not to mention the 16,000 square foot public park located in the middle of the development and parks in the surrounding area where residents can explore playgrounds, splash pads, sports fields, and walking trails.

For those looking for a long-term investment, it’s a promising sign that all four corners of this area are slated for redevelopment. These type of improvements should have a positive impact on property prices in the area.

Stage of Development

This pre-construction project is currently selling to Platinum/VIP agents.

Looking for an In?

Are you interested in TRETTI Condos? As mentioned above, it is currently only selling to Platinum/VIP agents. I’d be happy to help you get in. In addition to VIP access, I can also offer clients the following benefits:

  • An extended deposit structure (refer to financial info above)
  • The right to rent during interim occupancy
  • Capped development charges

Any other questions or thoughts? Have you been in the Wilson Heights area before? What are your thoughts on the redevelopment scheduled for the area? Let me know in the comments below.

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