Concord Condos

Concord

The Concord is a neighborhood in Vaughan that is under development with loads of urban transformation plans as it is in close proximity to the development of a major urban centre. It is bordered by Rutherford Road to the north, Steeles Avenue to the south, Dufferin Street to the east and Highway 400 to the west. Vaughan is expected to become the next major urban hub in the Greater Toronto Area and has even nicknamed the project as ‘The New Downtown North’. Not only will this place have residential properties, but it will also be full of entertainment, retail, employment and much more. This is also the setting of the Greater Toronto Area’s northernmost and newest subway station which connects the region to the Toronto Transit Commission’s Line 1 Yonge/University subway line, making it very convenient for the residents. The current site of the Vaughan Metropolitan Centre was once a part of this neighborhood officially before it was identified as the new urban centre for the city. Once the downtown core is sufficiently populated, it is then that Concord becomes the next logical place which could happen sooner than expected.
Condos are the most common type of houses here in Concord and account for 66 percent of the total home sales over the past year. Detached homes are also prevalent in the neighborhood and account for 15% of the total home sales. The average price of a home during the same tie was $665,739 which could be divided to an average price of a condo at $502,126 along with an average freehold price of $1,176,716. One of the main reasons behind the tremendous growth in Vaughan is because of its friendly building practices as well as its generous corporate taxes. This encourages large businesses to build and put their company’s headquarters here. This also makes the city more agile in comparison to large metropolitan cities like Toronto. If any new development is needed then it happens within no time. One of the major attractions here is Canada’s Wonderland, which is in close proximity to the neighborhood, located to the north. It is an enormous amusement park and a waterpark and has some of the best rides in Canada. To the northwestern corner of the neighborhood is Vaughan Mills, a massive shopping centre and outlet mall. This is the place to visit if you wish to purchase your favorite items at discounted prices It is a total of 1,274,000 square feet of floor space which consists of 245 stores and services along with 16 anchor tenants. Some of the big brands that you can find here include Urban Planet, Winners Homesense, Bass Pro Shops, Nordstrom’s and H&M. There is no question about the fact that this neighborhood is very walkable and has everything you could ask for.