Aria homes

952, Jacarandah Drive, Newmarket, Ontario, Canada

PRICES STARTING FROM $1235990's

Townhomes

3 Storeys | 23 Units

2-4 Bedroom

Occupancy : 2025

1716 - 3002 sq ft

680 Per Sq.Ft.

Aria Homes, a forthcoming townhouse development by Spotlight Development, is currently in its pre-construction phase. This new project is slated to be situated at 1038-1040 Jacarandah Drive in Newmarket, with the primary intersection being Leslie Street and Green Lane East.
Aria Homes will consist of a total of 24 units, comprising both semi-detached and detached homes. These units will offer a diverse range of layouts, including three-bedroom and four-bedroom options. The sizes of these units will vary, spanning from approximately 1,716 square feet to around 3,002 square feet. As for the anticipated completion date of Aria Homes, it is projected to be in June 2025.

Aria homes Details

Developer: Spotlight Development Inc.

Building Type: Townhouse

Address: 952 Jacarandah Dr, Newmarket, ON, Canada

Selling Status: Platinum Access

Number of Suites: 23

Price Range: $1,235,990 – $2,071,990

Maintenance Fee Range: $248.31 – $480.31

Builder (s) : Spotlight Development Inc.
Architect(s): TBA
Interior Designer(s): TBA

Deposit Structure:

10% Deposit Incentive: $10,000 On Signing //Balance to 2.5% in 30 Days //2.5% in 90 Days //2.5% at the Start of Construction //2.5% On Occupancy

Current Incentives:

10% Deposit Incentive
12 Month Mortgage Rate Buy Down Program: ($1,000/Month – Cash Back Closing Credit)
Free Assignment (Legal Fees of $1,500)
5 Piece Appliance Package (Stainless Steel Kitchen Appliances)
Free Right To Lease During Occupancy
Cash Back Credit On Closing (Total Amount Of $5,000)

Aria Homes is in a fantastic neighborhood with lots of things nearby. There are plenty of places to eat, stores like Marlborough Mall and Walmart Supercenter, and it’s easy to get around with public transportation and highways. This makes it a popular place to live, which can lead to a good return on your investment.
The company building Aria Homes, Spotlight Development, has a history of successfully turning properties into homes and mixed-use spaces. They know how to work with local authorities to get the necessary approvals, which reduces the risk for investors. When you invest in a project by an experienced developer like Spotlight Development, it’s more likely to be finished well and stay valuable.
Newmarket is a growing area, especially for real estate. It’s close to big cities like Toronto, which attracts people looking for a mix of city and suburban living. As the area keeps growing, property values could go up, giving you a chance to make money on your investment.
The area around Aria Homes is really nice, with lots of things to make life easy and enjoyable. You have many options for eating out, shopping, and getting what you need. If you want even more shopping and fun, places like Marlborough Mall and Walmart Supercenter are just a short drive away. Getting around is also simple, with buses nearby for those without cars, and Highway 201 is easy to reach if you drive.

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Extended Deposit Structure
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Right of Assignment
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