Freehold towns do not belong to a condominium corporation and all aspects of the property are owned and maintained by the homeowner. Roads and surrounding landscaping are owned by the municipality and maintained by the city.
Common element towns are part of a private community in which the roads and landscaped areas are maintained by a condominium corporation. The “parcel of tied land” (POTL) or unit available for purchase is owned by the homeowner. Each homeowner has a percentage interest in the common elements condo areas. Schedule “D” of the Condominium Declaration will set out the percentage interest of each POTL
Once the project is assumed by the municipality, fencing will be permitted at the sole expense of the homeowner, and subject to any development agreements and municipal approvals (for example, a permit may be required by the City of Brampton). The fence must be within the boundaries of the homeowner’s property.
Move in ready means that construction of the POTL in question has been completed. Purchasers may move in as early as 30 d ays after purchase of the POTL.
Dual frontage means that both sides of the POTL are built with exterior decorative elevations to reflect two “front” entrances.
Protected woodlot refers to land that has been designated by the conservation authority or municipality as being protected from any future development.
Kaneff Homes offers a range of upgraded features as their standard, including granite or quartz countertops in the kitchen, marble countertops in the powder room (as per plan), 9’ ceilings on the main floor, smooth ceilings on the main floor and upper hallways, stained hardwood throughout (excluding bedrooms), stained oak stairs (from main to bedroom levels), and many more exquisite features. Please speak with a sales representative for more information.
Yes, all units are covered by Tarion New Home Warranty for seven years. You can find more information on warranty coverage on the Tarion website.
The Forest Gate Townhomes are ideally located: it is located off of Mississauga Road, just north of highways 401 and 407; across the road from the renowned Lionhead Golf Club & Conference Centre with breathtaking event facilities and 36 championship holes of golf; within the Riverview Heights trail systems which connect the project to Eldorado Park; and steps away from shopping amenities available at Lionhead Marketplace, a roughly 200,000 square foot retail plaza opening in 2019, and which boasts a variety of banks, a major supermarket grocery chain, restaurants, a daycare, and many more amenities.
The Tot Lot is a children’s playground within the Forest Gate Town Manors community.
The period between the date of occupancy (when you can move in) and the date when the condominium closes (and ownership is transferred to you). The fee you pay to the builder during this time is known as the ‘interim occupancy fee.’
Ownership of condominium units can not be transferred from the builder to the purchaser until the building is registered with the municipality. This registration does not happen until all of the units are completed. Units that pass municipal inspection can be deemed to be in move-in ready and may be occupied before all of the building(s) and amenities are fully completed. In accordance with the Condominium Act, for anyone to take occupancy of their home prior to owning it, an interim occupancy arrangement must be in place.