Construction Has Started at Vaughan's Sold Out Vincent Condominiums

Nationalpost.com
June 27, 2022

Ground has been broken for Vincent Condominums, a 766-unit, two-tower condominium, following an impressive 8-month selling program.

Vincent is among the largest condominium projects currently underway in the GTA. This makes the extremely fast market absorption a notable accomplishment, and a vote of confidence in the building, the developers and its location in the new VMC.

The celebration was officiated by Vaughan’s Mayor Maurizio Bevilacqua, Councillor Sandra Yeung-Racco and representatives of the builder/developer.

Hon. Maurizio Bevilacqua, P.C., Mayor, City of Vaughan said, “I am pleased to welcome Vincent Condominiums to the Vaughan Metropolitan Centre (VMC), the city’s dynamic downtown core. The VMC continues to rise to new and unprecedented heights, growing well beyond projected growth rates at 267 per cent. The heart of Vaughan’s downtown is home to several transformational projects, including the VMC Subway, high-rise towers, and commercial office buildings, which have created thousands of jobs, public art projects and community event spaces. As a result, Vaughan is outpacing national, provincial and regional growth rates with real GDP growth at 7 per cent. Since 2010, the city has issued more than $15 billion in building permits and 70,000 additional jobs have been created. I want to congratulate the development team of Rosehaven Homes, Townwood Homes and Guglietti Brothers Investments and express my sincerest gratitude for their meaningful city-building contributions. By making investments, creating jobs and giving back to the community, you are making a positive difference and demonstrating the spirit of generosity that radiates in Vaughan.”

Created by an impressive development team of Rosehaven Homes, Townwood Homes and Guglietti Brothers investments, each of these companies is owned by members of the extended Guglietti family, a group with a long history of building and development in Vaughan, and across the GTA. With Vincent, the project’s name, and the vision behind it, was more than business. Vincent is an expression of their family history.

Spokesman Silvio Guglietti said, “For the Guglietti family, the Official Groundbreaking of Vincent has a very personal importance to us. The Guglietti family came to Canada from a little town in Italy called Sora, just outside Rome in Lazio. It’s actually the twin-city of Vaughan. In our town, the small church that our family belonged to was San Vincenzo Ferreri, or Saint Vincent Ferrer. And our grandfather, the man we are all descended from was named Vincent, or Vincenzo, after this saint.”

To create this new landmark condominium community, the Guglietti family were committed to choosing a world-class team of consultants to complement their own extensive internal resources.

“Kirkor Architects brought us a striking, extraordinary architectural design,” says Guglietti. “Figur3 has taken the designs to a whole new level with their stylish and elegant interiors. And In2ition Realty, our sales brokerage and McOuat Partnership, our marketing firm, have delivered us a sold-out condominium project.”

Located near Jane St. and Hwy 7, the Vaughan Metropolitan Centre is a new financial, innovation and cultural centre. Major corporations, retailers, small businesses and other industries are located in the VMC, as it is a major transit hub with direct subway connections to York University and downtown Toronto as well as VIVANEXT and local bus routes across Vaughan and Richmond Hill.

For more information on The Vincent, visit TheVincent.ca