Park City Homes

505-533 YONGE ST
BARRIE, ON

2nd POSITION MORTGAGE:$3,715,000
LOAN TO VALUE:69.97%
TERM:12 months
DEVELOPER:IVIVA Homes

CORE facilitated a second position mortgage to purchase and provide soft cost financing for the developer of Park City, a 138 town homes and 58 condominium unit project located in Barrie, right on Yonge St, the major transportation and retail corridor for the city.

COMPLETION VALUE: $79,700,000
Completion value estimated at the time of investment.

Capital Partners Inc. (FSCO Brokerage No. 12497) Mortgage administration by Platinum Investment Group o/a CORE Mortgage Admin. Corp. (FSCO Mortgage Administration No. 12345)

IVIVA Homes Inc.

BARRIE, ON

YOUR CONNECTION TO THE CITY YOU LOVE

It represent what’s coming, a transformation. It is located near some pretty cool spots in the city you love. It will turn heads with the raw wood and black brick exterior giving a modern, urban look. It got roots, but it’s always looking forward. Going anywhere you want from here.

4HUNDRED EAST MALL Town Homes connect you to the city you love. A new haven in former West Etobicoke, this location offers you the convenience of getting around the city, into the downtown core, or out of town, with ease.

CONNECTION YOU TO THE LIFE YOU LOVE

Enjoy the natural beauty of nearby parks and walking trails, I’m eager to be steps away from schools, community centres, libraries, and prime shopping. It access transit quickly and live in a location within minutes of Toronto Pearson International Airport.

WELL PLANNED + MODERN DESIGN
ALLURING INDOOR AND OUTDOOR AMENITIES

I’ll set myself up by the lounge furniture and fire up the BBQ. Indoors is where I’ll have some fun in the Games Room. Then I’ll enjoy my evening entertaining guests in the Chef’s Lounge. I’ll walk through the luxuriously landscaped gardens to enjoy outdoor amenity spaces.

FOR THE WAY YOU LIVE, WORK AND PLAY

Complimentary in my materials and colour palette, I offer an array of premium features and finishes. I am a modern space for today’s quality urban living.

STYLE PLUS COMFORT

Open concept living and dining areas make me an ideal space for entertaining family and friends. My one and two-storey models fit your lifestyle, whether you need a little space or a lot.

STACKED WITH FEATURES

My stylish urban design features a modern kitchen with stainless steel appliances, and designer bathrooms with contemporary finishes.

FEATURES + FINISHES
A SPACE TO FIT EVERY STYLE DISTINCTIVE EXTERIOR FEATURES

Open concept living and dining areas make me an ideal space for entertaining family and friends. My one and two-storey models fit your lifestyle, whether you need a little space or a lot.

  • Modern and innovative elevations featuring outdoor finishes, window surrounds andprecast sills with vinyl or metal accents, as per plan
  • Maintenance-free aluminum soffit, fascia, eavestroughs and downspouts, as per plan
  • Front Entry Door package including gripset with deadbolt lock and house numbers
  • Maintenance free low-E thermal insulated windows for energy savings
  • Balconies and terraces with railings complete with glass inserts, as per plan
COMMUNITY AND LANDSCAPE FEATURES
  • One level, secured underground parking garage
  • Ground level bicycle parking
  • Visitor parking
  • Private underground storage/bicycle lockers
  • Professionally landscaped grounds maintained year round
  • Amenity room including chef’s lounge and games room
  • Outdoor physical activities area
TOWN HOME FEATURES
  • 9’ ceiling heights subject to bulkheads as required
  • Ceilings to be smooth and painted white throughout unit
  • Semi-gloss off-white paint throughout kitchen and bathrooms, flat latex paint in all other rooms
  • Classic 3” baseboards with 2” casings
  • Mirrored sliding closet doors on entry closets, as per plan
  • Choice of laminate or ceramic tiles in kitchen, choice of ceramic tiles in bathrooms
  • White ceramic floor tile in laundry area
  • Choice of laminate flooring or 35 oz. broadloom with underpad in open areas and
  • Hallways that are on the same level
  • Choice of 35 oz. broadloom with underpad for bedrooms, loft areas and staircases
  • Solid wood handrails on stairways in natural finish, as per plan
  • Vinyl-coated wire closet shelving, as per plan
KITCHENS
  • Choice of traditional and contemporary designed cabinetry in a variety of finishes
  • Choice of builder’s standard quartz countertops
  • Single bowl or double bowl (where possible) stainless steel sinks with single lever faucetand integrated vegetable sprayer
  • Stainless steel self-clean oven
  • Stainless steel frost-free fridge
  • Stainless steel built-in dishwasher
  • Stainless steel over the range built-in microwave with integrated exhaust fan
  • White stacked washer and dryer
BATHROOMS
  • Choice of traditional and contemporary designed cabinetry in a variety of finishes
  • Choice of elegant ceramic tiles for tub wall surrounds to ceiling height
  • Builder standard selection of quartz vanity countertops with single bowl sink and matching
    single lever faucet
  • Low-flow, water efficient toilets
  • Privacy locks on bathroom doors
  • White ceramic accessories including towel bar and toilet tissue holder
  • Cabinet width mirror above vanity sink
ELECTRICAL AND MECHANICAL FEATURES
  • Individually controlled gas fired heating unit
  • Individually controlled central air conditioning
  • Rental high efficiency on-demand hot water tank
  • Ceiling light fixtures provided in the entry, kitchen, and bedrooms, as per plan
  • White toggle switches, receptacles and cover plates
  • Ground fault (GFI) electrical outlets in all bathrooms and kitchens, where applicable, as per code
  • 100 amp service panel with circuit breakers and copper wiring throughout
  • All units pre-wired for cable outlets in living room, and master bedroom
  • All units pre-wired for telephone and data (Cat 5) on first and second level (if applicable) of unit
  • All exhaust fans vented to the exterior
SECURITY FEATURES
  • Carbon monoxide and fire protection devices provided as per code
  • Rough-in security system
WARRANTY
  • All units covered under the TARION New Home Warranty Program
  • TARION Registration No. 45031
  • The warranty provided is pursuant to the Ontario New Home Warranty Plan Act

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