UC Tower 3

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Oshawa is home to over 170,000 people and is forecasted to grow to over 190,000 people by the year 2031 while employment numbers are forecasted to increase from 80,000 jobs to 90,000 in the same time period. The rise in population along with more employment opportunities in the upcoming years will make Oshawa an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced by Highways 401 & 407, GO Transit and Durham Regional Bus Transit – connecting you to everywhere you need to go with ease. You are also less than 1 hour from Pearson International Airport which is Canada’s largest international airport. Oshawa is also home to THREE Post Secondary Education Institutes with Durham College, the University of Information Technology (UOIT),  & Trent University Durham.

HOUSING NEEDS
Oshawa is a part of Durham Region which has been experiencing tremendous growth. It is estimated that the region will need over 89,000 new homes by 2031, but will only be able to deliver an estimated 65,000 leaving a shortage of over 24,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

REPUTABLE DEVELOPERS
Founded over 35 years ago, Tribute Communities is a Builder/Developer who has built more than 35,000 new homes and condominiums with a mission to create distinctive, visionary communities across Southern Ontario.

Since 1993, RioCan has helped shape the places Canadians want to shop, work and play. Now, RioCan Living shapes the places they want to live, for how they live. To date, RioCan Living properties have been completed in Toronto, Ottawa, and Calgary, with many more under construction in their development pipeline.

Quick Facts*

Developer: Tribute Communities & RioCan Living
Nearest Intersection: Simcoe St & Winchester Rd, Oshawa
Pricing: Starting From The $500s
Occupancy: January 2025
Suite Types: Studio – Three Bedroom Suites
Suite Sizes: 441 sq ft – 960 sq ft
Maintenance Fees: Approximately $0.50/sq ft (Hydro, Water, Thermal separately metered)
Deposit Structure: $10,000 on Signing // 5% Minus $10,000 in 30 Days // 1% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, $0 Capped Development Levies, Free Assignment ($1,500 + HST Legal Fee), Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Pre-approvals accepted: $1,500 Cash Bonus if a full Mortgage Commitment Letter from a Schedule I bank is provided within 60 days of purchase OR $3,000 Cash Bonus if a full Mortgage Commitment Letter from one of our RBC representatives is provided within 60 days of purchase (Half of the above amounts if a full Mortgage Commitment Letter is received 60 days after purchase but before 1 year of purchase)
Features & Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Event Lounge, Bar, Event Lounge, Private Dining, Spin Studio, Theatre, Boardroom, Work/Tech Lounge, Pet Spa, Fitness Centre, Yoga Studio, Sound Studio