Park Place - South Tower Vaughan
New pre-construction condo SmartLiving in Vaughan.
About Park Place - South Tower
Project highlights
- Development
- Park Place - South Tower
- Developer
- SmartLiving
- Location
- Vaughan — Hwy 7 & Jane St, Vaughan
- Property type
- Condo
- Ownership
- Condominium / Freehold
- Sales status
- Selling Now
- Starting price
- $660,490s
- Occupancy
- TBD
Park Place - South Tower is a new pre-construction condo SmartLiving in Vaughan. 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 $660,490s, Park Place - South Tower 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.
Welcome to the newest addition coming soon to Vaughan’s burgeoning located at , featuring a highly desirable location steps from the Spanning over 100-acres of land, this incredible master-planned community will feature and a right in the heart of Vaughan! Residents will find themselves steps from and minutes from and more!
Why Vaughan works
Park Place - South Tower sits at Hwy 7 & Jane St, Vaughan. The GTA's fastest-growing city. Vaughan Metropolitan Centre is a brand-new downtown with direct Line 1 subway to Toronto, Canada's Wonderland nearby, and Cortellucci Vaughan Hospital—opened 2021.
Vaughan 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 Vaughan is growing
- Subway connectivity provides Toronto access
- New downtown core (VMC) driving development
- More affordable than Toronto with modern infrastructure
- Strong family appeal with excellent amenities
About Vaughan
Discover why Vaughan is an ideal location for pre-construction investment
About Vaughan: A Growing Community in the GTA
Vaughan is home to 323,000+, and fastest growing city in the gta. Vaughan Metropolitan Centre - new downtown core Additionally, direct subway connection to toronto (line 1). Located in Vaughan, Park Place - South Tower offers residents a perfect blend of urban convenience and suburban comfort.
Canada's Wonderland and major entertainment New hospital (Cortellucci Vaughan) opened 2021
Transit & Connectivity
Vaughan is well-connected to the GTA through Line 1 extension to Vaughan Metropolitan Centre (opened 2017) subway lines. GO Train stations including Vaughan Metropolitan Centre, Maple GO, Rutherford GO provide 35-45 minutes to downtown toronto via subway. Major highways including Highway 400, Highway 407, Highway 7 ensure easy access throughout the region.
Lifestyle & Amenities
Residents of Vaughan enjoy access to excellent educational institutions including York University (nearby) and Top-rated York Region District School Board, healthcare facilities like Mackenzie Health (Vaughan location), and major shopping destinations such as Vaughan Mills and Promenade Mall. Popular parks include Kortright Centre and Boyd Conservation Area.
Investment Potential & Growth
Average condo prices: $600,000-$900,000. Annual appreciation: 7-10% Average rental yield: 4-5.5%. Growing demand from young professionals Future developments include Vaughan Metropolitan Centre expansion and Subway line 1 extension, which will further enhance the area's appeal. Major employment centers include Vaughan Metropolitan Centre and Highway 400 corridor, driving demand for housing.
Why Vaughan is Perfect for Pre-Construction Investment
Subway connectivity provides Toronto access New downtown core (VMC) driving development More affordable than Toronto with modern infrastructure Strong family appeal with excellent amenities Highest growth rate in the GTA Investing in pre-construction in Vaughan 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
Why pre-construction wins
Investment potential
Park Place - South Tower is priced below comparable resale homes in Vaughan. 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
SmartLiving 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 SmartLiving profile & projectsProject data sheet
Building features
- THE ULTIMATE IN QUIET LUXURY From its sculpted, curvy exterior to its exquisitely crafted interiors, Park Place offers elevated modern design and quiet luxury. Superior quality materials and craftsmanship married with artistic flare creates the ultimate living experience. Architectural firm Hariri Pontarini has designed the two towers and their podium base to be eye-catchingly different from the norm for condos, sculpting each tower by using distinctive terra cotta ‘fins” that create a stepped silhouette. Around the generous windows, fritted glass gradients create white stripe patterns, which are repeated in the tower podium façade in horizontal gradia...
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Project visuals
Park Place - South Tower questions answered
What is the deposit structure for Park Place - South Tower?
The exact deposit schedule for Park Place - South Tower is set by SmartLiving 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 Park Place - South Tower's current deposit structure.
When is the occupancy date for Park Place - South Tower?
Occupancy for Park Place - South Tower has not been publicly confirmed by SmartLiving yet. Pre-construction projects in Vaughan 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 Park Place - South Tower?
Assignment policy is set project-by-project by SmartLiving. 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 Park Place - South Tower.
What are the closing costs for Park Place - South Tower?
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 Park Place - South Tower.
Is Park Place - South Tower a good investment?
Park Place - South Tower by SmartLiving is priced at $660,490s in Vaughan. 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 Park Place - South Tower?
Register with PreconFactory for VIP Platinum access to Park Place - South Tower. 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 Park Place - South Tower?
PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on Park Place - South Tower 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 Vaughan
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