YongeParc2

YongeParc2's location on Oneida Crescent puts residents close to the Yonge Street corridor, one of the primary north-south routes through Richmond Hill and into Toronto, with York Region Transit and Viva bus rapid transit service running along Yonge Street. Highway 7 and Highway 407 are both within the general area, offering east-west connections across York Region, while Highway 404 provides a nearby north-south link for drivers heading toward Toronto or further into York Region.

Pemberton Group is a Toronto-based builder with an extensive history developing condominium and residential communities across the Greater Toronto Area, including projects throughout York Region. The company is known for mid- and high-rise residential developments that have contributed to the growth of transit-oriented corridors like Yonge Street in Richmond Hill.

Because YongeParc2 has already been completed, buying here works differently than buying a pre-construction condo. Rather than registering for early access to a builder's price list and choosing from a floor plan menu, buyers are purchasing an existing suite through the resale market, which means viewing actual units, reviewing current condo corporation documents, and negotiating price based on comparable sales in the building.

In Ontario, buyers of new condominium units have a 10-day cooling-off period under the Condominium Act, which allows a purchaser to rescind a firm agreement of purchase and sale within that window. This right applies specifically to new condo purchases from a builder; resale transactions, which is what a completed building like YongeParc2 typically involves today, follow standard resale purchase procedures instead, including a home inspection and status certificate review handled through a real estate lawyer.

Buyers considering a unit at YongeParc2 should speak with a realtor familiar with the building and review the status certificate, reserve fund, and maintenance fee history before making an offer, since these details matter more in a completed building than they do in a pre-construction purchase.