• 19722
  • Property ID
  • Condo
  • Property Type
  • Oakville
  • Area/City
  • 20230428
  • Launch time
  • Pre Construction
  • Construction Status
  • 10/10
  • Number of Stories
  • 205
  • Number of Units
  • 10
  • Deposit Percentage(%)

Details

Updated on October 3, 2023 at 4:35 am
    • Project Name: Gemini Condos
    • Address: 58 & 62 Shepherd Rd. Oakville
    • Intersection: Speers Rd & Kerr St
    • Area/City: Oakville
    • Neighborhood: Old Oakville
    • Interior Designer(s): McQuat Partnership
    • Number of Stories: 10/10
    • Number of Units: 205
    • Unit Type: 2 Bed to 2 Storey Garden Lofts & Penthouses
    • Price Range(CAD): $767,990-$1,269,990
    • Deposit Percentage(%): 10
    • Developer(s)/Builder(s): Castleridge Homes
    • Launch time: 20230428
    • Estimate Occupancy: 202601
    • Architect(s): Tregebov Cogan Architects
    • Building Type: Condo
    • Number of Buildings: 2
    • Selling Status: Selling
    • Construction Status: Pre Construction
    • Size Range(Sft): 591-1505
    • Average $/sft: 1100

Payment & Incentives

  • Payment StructureParking and Locker InformationMaintaince Fee
  • $5,000 on Signing $60,000 parking reduced to$9,990 Approx. $0.63/sq ft (Excluding Hydro, Water & Gas)
  • Balance to 2.5% in 30 Days LOCKERS $12,000 reduced to $7,000 Parking: $59.95/m
  • 2.5% in 90 days Free Assignment ( value $10,000) Large Locker: $19.95/m
  • 2.5% in 180 Days Right to lease during occupancy Parking Locker Combo: $79.90/m
  • 2.5% in 240 Days CAPPED DEVELOPMENT LEVIES
  • 5% on Occupancy 1 Bed + Den $8,000 2 Bed and Larger: $12,000

Description

Gemini Condos is a New Condo development by Castleridge Homes located at Speers Rd & Kerr St, Oakville

Kerr Village is Oakville’s ultimate neighbourhood on the rise and Gemini is the star attraction. Twin modern towers exuding elegance and style amidst this rapidly evolving urban community on the south bank of Sixteen Mile Creek and a casual five-minute drive to Oakville’s world-class waterfront. The stars have aligned. Launch your future in Gemini today.

Discover the hidden gem of a location that truly has it all. From Gemini, you’re literally minutes to the GO Station and QEW, golf courses and
the waterfront, bike trails and gracious parklands, big-name grocers and unique family–owned restaurants.

Project Description

Gemini Condos is a new condo development by Castleridge Homes currently in preconstruction at 62 Shepherd Road, Oakville. The development is scheduled for completion in 2023. Available units start from the $700,000’s.

Project Highlights

🚇Public Transit at door steps
🏖5 mins to Oakville waterfront
🏌️‍♀️6 mins to Glen Abbey Golf Club
🏫7 mins to Appleby College
🍻 7 mins to Oakville Place Shopping Centre
🚄8 mins to GO Station

GEOTHERMAL HEATING & COOLING SYSTEM
Gemini will be heated and cooled by a geothermal system; a technology that is an energy–efficient, cost-efficient and earth–friendly alternative to conventional heating and air–conditioning systems.
It’s simple, really. The earth absorbs heat from the sun, and 8’ below the surface the ground retains a constant temperature of 10°C all year round. Geothermal pipes that circulate water are installed in the ground, extracting heat in the winter and releasing heat in the summer. Geothermal heat pumps installed inside the building compress heat from the system and convert it into warm air that is circulated, providing the building with heat. In the summer, the process is simply reversed to provide air conditioning.
The benefits are that geothermal heating and cooling systems require less electricity to run and use zero fossil fuels. No greenhouse gas emissions are emitted and they in no way contribute to global warming. Plus, geothermal energy is an unlimited resource and will never be affected by fluctuating gas prices.

According to Urbanation Q2, 2022 rental report, there were only 27 available condo leases in Oakville in contrast to 1,043 in the city of Toronto.

Oakville is just 30 minutes from Toronto – North America’s fourth largest city. Oakville’s cunning tax rates, competitively priced employment lands and highly educated workforce (67% of the population holds a post-secondary degree) makes it an investor’s dream. And the province of Ontario enjoys the lowest overall business costs among the G7. Oakville is an opportunity not to be missed.

Oakville is consistently ranked as one of Canada’s best places to live, and for good reason, this once quaint town continues to redefine what it
means to live in a truly modern city. Oakville features kilometres of recreational trails, expansive greenspace, world-class shopping malls, boutiques and specialty markets. Plus, a world-renowned golf course designed by Jack Nicklaus, modern recreation centres, a brand-new hospital, galleries, and a state-of-the-art performing arts centre, all further solidify Oakville as one of the best places to live Canada. And with Oakville’s quick access to transit, trails and paths – getting anywhere in the GTA is easy with connections to two GO stations and four major highways, the 403, 401, 407 and QEW.

Suites features :
• Smart Home Technology
• Lofts & Penthouses with 17’-20’ High Ceilings (as per plan)
• Stainless Steel Appliances
• Granite Countertops
• Open-Concept Layouts

Building Features:
• Geothermal System
• Common Lobby Lounge
• Fully Equipped Party Room
• Contemporary Fitness Centre
• Games & Media Centre
• Social Lounge
• Designated Pet Spa Room
• Private Underground Parking
• Rooftop Terrace

Amenities
Fitness Room, Walking Trails, Dog Spa, Glen Abbey Golf Club, Restaurants, Oakville Place Shopping Centre, Rooftop Terrace 
Castleridge Homes, a division of Fercap Properties, has an extensive portfolio in high rise, custom home building and industrial/commercial developments. The principals have invested over 35 years of experience and commitment to building premier single-family homes and communities across Toronto and surrounding areas.

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