Parkhaus Urban Towns North
New pre-construction townhome Matrix Development Group and HB Developments in North.
About Parkhaus Urban Towns
Project highlights
- Development
- Parkhaus Urban Towns
- Developer
- Matrix Development Group and HB Developments
- Location
- North — 40 Hendon Ave, North York
- Property type
- Townhome
- Ownership
- Condominium / Freehold
- Sales status
- Selling Now
- Starting price
- $1,200,000s
- Occupancy
- TBD
Parkhaus Urban Towns is a new pre-construction townhome Matrix Development Group and HB Developments in North. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.
Starting at $1,200,000s, Parkhaus Urban Towns is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.
Introducing an intimate collection of backing onto Hendon Park coming soon to Toronto’s north end at Yonge & Finch! This highly desirable address places residents steps from and minutes from and much more is just minutes away.
Why North works
Parkhaus Urban Towns sits at 40 Hendon Ave, North York. Explore pre-construction homes in this growing GTA community. Get VIP access to new developments before public launch.
North keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.
Why North is growing
- More Jobs: Companies keep moving here, driving housing demand.
- Better Transit: New subway, LRT and GO expansions in progress.
- Strong Migration: Population growth keeps property values rising.
- Infrastructure Investment: Schools, hospitals and amenities expanding.
About North
Discover why North is an ideal location for pre-construction investment
About North: A Growing Community in the GTA
North is a vibrant community in the Greater Toronto Area, offering excellent opportunities for pre-construction real estate investment. Located in North, Parkhaus Urban Towns offers a perfect blend of urban convenience and suburban comfort.
Transit & Connectivity
North is well-connected to the rest of the GTA through GO Transit and major highways, providing convenient access to downtown Toronto and other employment centers.
Lifestyle & Amenities
Residents enjoy access to excellent schools, healthcare facilities, shopping centers, and recreational spaces.
Investment Potential & Growth
North has shown consistent growth in property values, making it an attractive market for real estate investors.
Excellent Transit
Well-connected to downtown Toronto and the GTA
Strong Growth
Consistent property value appreciation
Quality Living
Modern amenities and community infrastructure
Why pre-construction wins
Investment potential
Parkhaus Urban Towns is priced below comparable resale homes in North. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.
Developer confidence
Matrix Development Group and HB Developments has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.
View Matrix Development Group and HB Developments profile & projectsProject data sheet
Building features
- Boutique stacked townhouse development overlooking 3.5 hectare Hendon Park. TTC Finch Subway Station is a 3 minute walk and Edithvale Community Centre is a 10 minute walk. Retail, restaurants, and services along Yonge Street are within a short walk. Maintenance fees exclude hydro and water. Parking maintenance: $50 per mo., Kitchen Floor: Laminate, Kitchen Counter: Quartz, Entry Floor: Laminate, Living Area Floor: Laminate, Bedroom Floor: Laminate, Main Bathroom Floor: Porcelain, Main Bathroom Counter: Quartz, Ensuite Bathroom Floor: Porcelain, Ensuite Bathroom Counter: Quartz, Cabinets: Laminate, Appliance Finish: Stainless, Fridge: Bottom Freezer, St...
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Project visuals
Parkhaus Urban Towns questions answered
What is the deposit structure for Parkhaus Urban Towns?
The exact deposit schedule for Parkhaus Urban Towns is set by Matrix Development Group and HB Developments and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for Parkhaus Urban Towns's current deposit structure.
When is the occupancy date for Parkhaus Urban Towns?
Occupancy for Parkhaus Urban Towns has not been publicly confirmed by Matrix Development Group and HB Developments yet. Pre-construction projects in North typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.
Are assignment sales allowed at Parkhaus Urban Towns?
Assignment policy is set project-by-project by Matrix Development Group and HB Developments. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for Parkhaus Urban Towns.
What are the closing costs for Parkhaus Urban Towns?
Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for Parkhaus Urban Towns.
Is Parkhaus Urban Towns a good investment?
Parkhaus Urban Towns by Matrix Development Group and HB Developments is priced at $1,200,000s in North. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.
How do I buy Parkhaus Urban Towns?
Register with PreconFactory for VIP Platinum access to Parkhaus Urban Towns. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.
Who represents buyers at Parkhaus Urban Towns?
PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on Parkhaus Urban Towns and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.
Helpful guides for buyers
First-Time Buyer Guide
Government incentives, deposit structures, and the step-by-step buying process.
Read guideMortgage Calculator
Estimate monthly payments, stress test qualification, and CMHC insurance.
Read guideLand Transfer Tax
Calculate closing costs including Ontario and Toronto LTT rebates.
Read guideInvestor's Handbook
ROI strategies, assignment sales, and cash-flow analysis for investors.
Read guideOther pre-construction in North
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