Abeja District Block 2

Reasons to Buy*

POPULATION INCREASE & ECONOMIC OUTLOOK
Vaughan is home to over 250,000 people, which is forecasted to grow to over 420,000 people by the year 2031, with employment numbers expected to increase from 162,000 jobs to 276,000 in the same time period. The rise in population, along with more employment opportunities in the upcoming years, will make Vaughan an even more desirable city to reside in, all while increasing the demand for housing.

Strategic investments in education, technology, and infrastructure support Vaughan’s ongoing economic growth. Vaughan’s quality of life and connectivity have made it a popular choice for major corporate headquarters and innovation hubs like Arla Foods Inc., Hugo Boss Canada Inc., SmartCentres Vaughan, Toromont CAT, etc. As it develops into a vibrant downtown area, the Vaughan Metropolitan Center is drawing in professional services, tech companies, and financial institutions.

CONNECTIVITY & TRANSPORTATION

Vaughan is serviced by Highways 400 & 407, which will seamlessly connect you to every major highway in the GTA, making it incredibly easy to get to wherever you need to go. It is also home to the Vaughan Metropolitan Center (VMC), which is a major transit hub that features Rapid Transit options as well as the Yonge-University Subway Line, which will carry you right into Downtown Toronto.

Vaughan’s local and regional transit networks are still growing, even beyond access to highways and subways. Regular, dependable service is offered by York Region Transit and Viva Rapid Transit to important locations like Toronto Pearson International Airport, Richmond Hill, and York University. For commuters who prefer a car-free lifestyle, the Rutherford GO Station, which is close by, provides a direct rail link to Union Station.

HOUSING NEEDS

Vaughan is a part of York Region, which has been experiencing some tremendous growth. It is estimated that the region will need over 180,000 new homes by 2031, but will only be able to deliver an estimated 88,500, leaving a shortage of over 90,000 homes. This will lead to increased demand, which will put upward pressure on real estate values and rent prices.

The place is a favorable environment for both homeowners and investors due to the apparent housing shortage. The demand for modern, efficient, and well-located residences is increasing day by day, making new developments like Abeja District a perfect place to reside. Due to the limited supply of housing in Vaughan, investing in a high-quality project now can provide robust protection against future price increases.

REPUTABLE DEVELOPER

Established in the early 1970s and branded in 2009, Cortel Group is a family-run collective of diverse, dynamic, and successful businesses that build commercial and residential communities throughout the province of Ontario. The developer has focused on innovative architecture, community integration, and environmental protection & supervision, making this place perfect for living a good lifestyle.

With all these necessities in focus, Abeja District has become a thriving destination for people searching for comfortable living places. Cortel’s dedication to quality is demonstrated by its long-standing partnerships with leading architects, engineers, and designers, which make Abeja District a safe and profitable investment for selective purchasers.

Abeja District Block 2 Quick Facts*

Quick Facts
Developer: Cortel Group
Address: 2901 Rutherford Rd, Vaughan
Nearest Intersection: Jane St & Rutherford Rd
Pricing: Starting from $400s or more for units in the newer Tower III.
Occupancy: 2025
Storeys/Suites: 30 storeys / 824 suites
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: 415 – 1,560 sq ft
Maintenance Fees: $0.60/sq ft

Deposit Structure: $5,000 on signing, followed by 5% in 30 days, 5% in 90 days, 5% in 180 days, and 5% in 360 days.
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer, and more
Building Amenities: Concierge, 1.5 Sq Km of Park Space, Outdoor & Indoor Fitness Facilities, Dog Run, Pet Spa, Co-Working Space, Stylish Entertaining Venues, Kids’ Play Areas

FAQ*