Vivid Condominiums

Toronto's Etobicoke area, where 1 Michael Power Place is located, is generally served by major routes including Highway 427 and the Gardiner Expressway, along with GO Transit and TTC bus and subway connections that link the wider city. Specific transit stops and stations near this address weren't supplied, so residents and prospective buyers should confirm exact routes and stop locations directly.

Pemberton Group is an established builder active in the Greater Toronto Area, with a track record spanning condominium and residential development. The company has built a presence in the region through projects like Vivid Condominiums, contributing to Toronto's ongoing mix of completed condo communities.

Since Vivid Condominiums was completed in 2015, purchasing a unit here generally means buying resale rather than pre-construction. This changes the process considerably: instead of a builder's deposit structure staged over the construction period, buyers typically arrange financing and a deposit through a standard agreement of purchase and sale, with closing timed to the seller's needs rather than a builder's occupancy schedule.

For buyers newer to the Ontario condo market, it's worth understanding that pre-construction purchases elsewhere in the province come with specific protections, including a 10-day cooling-off period for new condo purchases under the Condominium Act. This right does not apply to resale transactions like a unit at Vivid Condominiums, where different rules and standard real estate protections govern the deal instead.

Buyers interested in a completed building like this one should work with a licensed real estate professional to review the status certificate, reserve fund, and any special assessments, since these details matter more once a building has been occupied for several years.