Vita On The Lake - Pre-construction in Toronto
Selling Now

Vita On The Lake

Marine Parade Drive, Toronto Nearest Major Intersection:  The Queensway & Parklawn Rd
by By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community
Price
$900,000s
Bedrooms
Various
Size
Contact for Details
Occupancy
TBD

About Vita On The Lake

Project Highlights

  • Development Name: Vita On The Lake
  • Developer: By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community
  • Location: Toronto (Marine Parade Drive, Toronto Nearest Major Intersection:  The Queensway & Parklawn Rd)
  • Building Type: Condo/Townhome
  • Ownership: Condominium
  • Status: Selling Now

Vita On The Lake is a new pre-construction property by By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community in Toronto. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.

Starting at $900,000s, Vita On The Lake 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.

is a study in timeless monochromatic architecture. Clean, classic, iconic modernity set against the tranquility of the lake and natural environment of the waterfront parklands. The building soars 53 storeys, a landmark for both boaters sailing home to the Humber Bay Marina and bikers on the Martin Goodman Trail. Residents at Vita on the Lake will enjoy expansive views to the downtown skyline from continuous wrap-around balconies that amplify the architectural design. Vita on the Lake is refined simplicity, a timeless design vernacular that eloquently speaks to a life uncomplicated.

Location & Neighborhood

Why Toronto Works

Vita On The Lake sits in Toronto at Marine Parade Drive, Toronto Nearest Major Intersection:  The Queensway & Parklawn Rd. Canada's largest city and financial capital. World-class transit, diverse neighbourhoods, and the strongest job market in the country—making pre-construction condos here a top choice for investors and urban professionals.

Toronto 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 Toronto is Growing

  • Strongest job market in Canada with highest salaries
  • Best transit connectivity in the GTA
  • Highest property appreciation potential
  • International appeal attracts global investors

Investment Potential

Vita On The Lake is priced better than most resale homes in Toronto. 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 Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community 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

DeveloperMattamy Homes
AddressMarine Parade Drive, Toronto Nearest Major
IntersectionThe Queensway & Parklawn Rd
PricingStarting From The Mid $900’s
OccupancyFebruary 2020 – January 2021 Storeys /
SuitesVita – 53 Storeys / 489 Suites // Vita Two – 16 Storeys / 169 Suites Suite
TypesTwo Bedroom – Three Bedroom + Den Suites Suite
Sizes1,101 sq ft – 2,073 sq ft Parking &
LockerIncluded Maintenance
FeesVita – $0.55/sq ft // Vita Two – $0.58/sq ft (Excludes Hydro, Cable & Phone) Deposit
StructureVita – 5% on Signing / 5% in 90 Days / 10% on Occupancy // Vita Two – 5% on Signing / 5% in 90 Days / 5% in 365 Days / 5% on Occupancy
IncentivesPlatinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Parking & Locker Included, Exclusive 1 Year Free Leasing Services & 1 Year Free Professional Property Management Services* Suite
Finishes9ft Ceilings, Wide Plank Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Appliances, Stacked Washer & Dryer & More Building Amenities

About Toronto

Discover why Toronto is an ideal location for pre-construction investment

About Toronto: A Growing Community in the GTA

Toronto is home to 2.9 million (largest city in Canada), and growing by 77,000+ residents annually. Canada's financial capital and largest employment hub Additionally, world-class transit system with ongoing expansions. Located in Toronto, Vita On The Lake offers residents a perfect blend of urban convenience and suburban comfort.

Diverse neighborhoods each with unique character Strong rental market with high occupancy rates

Transit & Connectivity

Toronto is well-connected to the GTA through Line 1 (Yonge-University) and Line 2 (Bloor-Danforth) and Line 3 (Scarborough) and Line 4 (Sheppard) and Line 5 (Eglinton Crosstown - opening 2024) subway lines. GO Train stations including Union Station, Bloor GO, Exhibition GO, and more provide average 30-45 minutes to downtown core. Major highways including Highway 401, Gardiner Expressway, Don Valley Parkway, Highway 400 ensure easy access throughout the region.

Lifestyle & Amenities

Residents of Toronto enjoy access to excellent educational institutions including University of Toronto and Ryerson University, healthcare facilities like Toronto General Hospital, and major shopping destinations such as Eaton Centre and Yorkdale Mall. Popular parks include High Park and Trinity Bellwoods.

Investment Potential & Growth

Average condo prices: $700,000-$1.2M. Annual appreciation: 5-8% Average rental yield: 3.5-4.5%. Strong rental demand from students and professionals Future developments include Ontario Line subway expansion and Waterfront revitalization, which will further enhance the area's appeal. Major employment centers include Financial District and Tech sector (MaRS, Waterfront Innovation), driving demand for housing.

Why Toronto is Perfect for Pre-Construction Investment

Strongest job market in Canada with highest salaries Best transit connectivity in the GTA Highest property appreciation potential International appeal attracts global investors Limited land supply drives long-term value Investing in pre-construction in Toronto allows you to secure a property at today's prices while the area continues to develop and appreciate in value.

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 Vita On The Lake?

Most By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community 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 Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community 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 Vita On The Lake

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

$900,000s

Selling Now
Developer
By Biddington Homes and Mattamy Homes Canada | Vita on the Lake master planned community
Location
Toronto
Occupancy
TBD

Floor Plans

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