The Wilde is a 30-storey condo planned for the corner of Marlee Avenue and Glencairn Avenue. Its main selling point is simple: Glencairn station on the Line 1 subway is at the door. Chestnut Hill Developments is the builder, and suites start at $568,900.
Subway at the door
Very few new buildings outside the downtown core are this close to a subway entrance. From Glencairn, trains run south through St. Clair West and Spadina to Union Station, and north to Yorkdale and Vaughan. The builder estimates 20 minutes to downtown.
The station sits in the median of Allen Road, so expect traffic noise on the east side of the building. Ask which direction each suite faces and visit the corner at rush hour before you choose.
The “mortgage buster” incentive
The builder is advertising a one-year mortgage incentive worth up to $30,000. Incentives like this change often and come with conditions. Before you count it as a discount, ask:
- Is it a credit on closing, or a payment made over the first year?
- Does it apply to every suite, or only to certain sizes?
- Is it written into the agreement of purchase and sale?
If it is not in the agreement, it does not exist.
Price and deposit
At $568,900, the starting price is about $83,000 below the City of Toronto’s average resale condo price of $651,648 in August 2026. The deposit is 15 per cent, with the schedule running to October 2027. Occupancy is expected in April 2029, so there is a long gap between your last deposit and your move-in date.
The neighbourhood
Marlee and Glencairn is a low-rise residential area between Eglinton West and Lawrence. Yorkdale Shopping Centre and Highway 401 are about ten minutes north. Eglinton Avenue West, with its shops and the Crosstown line, is a short trip south. The building plans a tiered podium with amenities that include a terrace with a pool.
Questions to ask
- What do parking and a locker cost?
- What are the estimated maintenance fees, given the pool?
- Is the April 2029 date firm or tentative?
Closing costs at the starting price
Land transfer tax on $568,900 in Toronto is about $15,706, or $7,231 for a first-time buyer after rebates, including Toronto's municipal tax. New homes also carry builder closing adjustments such as development charges, utility connections and Tarion enrolment, which are set out in the agreement and are often capped on request. Have a lawyer review the agreement during the 10-day cooling-off period on a new condominium. The land transfer tax calculator and the HST rebate guide cover the rest.