Parkhaus Urban Towns - Pre-construction in North
Selling Now

Parkhaus Urban Towns

40 Hendon Ave, North York
by By Matrix Development Group and HB Developments
Price
$1,200,000s
Bedrooms
2 - 3 Beds
Size
1,175 sq ft – 1,600 sq ft
Occupancy
TBD

About Parkhaus Urban Towns

Project Highlights

  • Development Name: Parkhaus Urban Towns
  • Developer: By Matrix Development Group and HB Developments
  • Location: North (40 Hendon Ave, North York)
  • Building Type: Condo/Townhome
  • Ownership: Condominium
  • Status: Selling Now

Parkhaus Urban Towns is a new pre-construction property by By Matrix Development Group and HB Developments in North. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.

Starting at $1,200,000s, Parkhaus Urban Towns is a solid choice whether you're buying to live in or as an investment. You'll lock in today's developer pricing while the property value grows during the 3-5 year build period.

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.

Location & Neighborhood

Why North Works

Parkhaus Urban Towns sits in North 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, more jobs, better infrastructure. That's why pre-construction here makes sense. You're buying into a city on the upswing.

Why North is Growing

  • More Jobs: Companies keep moving here, which means more people need homes
  • Better Transit: New subway lines and bus routes make getting around easier
  • Growing Fast: More people moving in means property values keep rising

Investment Potential

Parkhaus Urban Towns is priced better than most resale homes in North. You lock in today's developer price, and by the time it's built (usually 3-5 years), the market's usually gone up. That's free equity before you even move in.

Buy at today's price, own at tomorrow's value. It's worked for thousands of GTA buyers.

Developer Confidence

By Matrix Development Group and HB Developments has been building in the GTA for years. They know what they're doing, finish on time, and build quality homes that hold their value. That matters when you're investing this much money.

Get Developer History

Project Data Sheet

DeveloperMatrix Development Group
Address40 Hendon Ave, North York Nearest
IntersectionYonge & Finch
PricingStarting From The $1.2 Millions
OccupancySeptember 2025 Number of
Homes30 Home
TypesOne & Two-Storey Urban Towns Square
Footage1,175 sq ft – 1,600 sq ft Maintenance
FeesApprox. $0.35/sq ft (
ExcludesHydro & Water) Deposit
Structure$10,000 on Signing // 5% Minus $10,000 in 30 Days // 2.5% in 90 Days // 2.5% in 120 Days // 2.5% in 210 Days // 2.5% in 300 Days // 2.5% in 410 Days // 2.5% 30 Days Prior to Occupancy Incentives*
FinishesPrivate elevated walkout patio for selected units, Private rooftop terrace with rubber patio tile, Quartz slab countertops, Stainless Steel appliance package (Including 30” black ceramic cooktop, 30” built-in oven, integrated microwave hood fan vented to exterior, 24” built-in multi-cycle dishwasher, 30” French door fridge), Porcelain tile on floors, Individual heating/cooling system, and more Building
FeaturesMultipurpose room with kitchen and universal washroom, Private bicycle storage room, Garbage and recycling room, Underground visitor parking, Surveillance cameras in select areas of building and underground garage, and more

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

Frequently Asked Questions

What is the deposit structure for Parkhaus Urban Towns?

Most By Matrix Development Group and HB Developments projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.

When is the occupancy date?

Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.

Are assignment sales allowed?

Yes, most pre-construction projects by By Matrix Development Group and HB Developments allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.

What are the closing costs?

Closing costs generally range from 3-5% of the purchase price, covering Land Transfer Tax, legal fees, and development levies. We negotiate capped levies to protect your bottom line.

Limited VIP Spots Available

Don't Miss Out on Parkhaus Urban Towns

Secure your unit today with VIP Platinum access. Get first pick of floor plans, exclusive pricing, and builder incentives before public launch.

Best Pricing

Floor Plans

VIP Incentives

Starting From

$1,200,000s

Selling Now
Developer
By Matrix Development Group and HB Developments
Location
North
Occupancy
TBD

Floor Plans

Available Now

Insider Access: Floor plans and full price lists are available. Unlock to view specific unit layouts and pricing.

Get Full Access

Complete the form to unlock pricing, floor plans, and VIP incentives.

VIP Access

Get Full Access

Complete the form to unlock pricing, floor plans, and VIP incentives.

Secure & Private
No Spam

By submitting, you agree to our Privacy Policy.