LILY at Crosstown

LILY at Crosstown: A Serene Parkside Oasis in North York

Perched at Eglinton Avenue East and Don Mills Road in North York, LILY at Crosstown is a new pre-construction condo development by Aspen Ridge Homes. This 8-storey boutique-style mid-rise condominium will offer 220 modern suites, from 1-bedroom to 3-bedroom options that range in size from 459 to 1,070 sq. ft. The project is expected to launch in October 2023 and be completed in 2027.

LILY at Crosstown condos set themselves apart by combining the bustling energy of urban living with the idyllic beauty of a serene natural oasis, fitting for a neighbourhood known for its multiculturalism and affordable housing, with a population of around 20,000 people. The condos offer breathtaking views of the lush natural surroundings, allowing residents to retreat from the noise and hustle of city life while still enjoying access to all its conveniences.

Neighbourhood Highlights

LILY at Crosstown is located in the Banbury-Don Mills neighbourhood, known for being home to many new Canadians in search of affordable housing in the city. With over 20,000 residents, the neighbourhood boasts a multicultural community where over 80 different languages are spoken. However, residents are only minutes away from nearby amenities such as open-air shopping at The Shops at Don Mills, the Aga Khan Museum and Edwards Gardens, the Ontario Science Centre, and many nearby parks like Moccasin Trail Park, E.T. Seton Park, and Sunnybrooke Park. Additionally, the 401 and Don Valley Parkway, two vital Toronto highways, are just minutes away from the development, making it highly accessible to downtown Toronto.

Project Amenities

LILY at Crosstown offers a host of amenities that cater to the modern city lifestyle. The building has been designed with convenience and comfort in mind and includes a 24-hour concierge, gym, lobby lounge, party room, outdoor terrace, dog park, and dog wash station, and two guest suites for visitors.

Incentives

As part of the project’s incentives, LILY at Crosstown offers one free assignment (legal fees apply). Development caps and levies, including development, education, parks, and Section 37, are also included in the pricing structure. The development further offers $10,000 for 1 and 1+den, and $15,000 for two-bedroom and larger.

Deposit Structure

LILY at Crosstown requires a 20% deposit on the purchase price for Canadian residents only. The deposit structure is as follows: $10,000 bank draft with offer, balance to 5% in 30 days, 2.5% in 180 days (6 months), 2.5% in 270 days (9 months), 2.5% in 356 days (12 months), 2.5% in 450 days (15 months), and 5% on occupancy.

LILY at Crosstown is an excellent residential development offering modern condo living with the added benefit of a serene natural environment. With a strategic location, numerous amenities, and attractive incentives, LILY at Crosstown is an opportunity for those seeking a seamless blend of urban and natural living in the heart of North York.