Precon Collection
The Fifth at Charisma rendering
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Inventory Blowout

Verified August 2026

The Fifth at Charisma

Jane & Rutherford, Vaughan · Greenpark Group

BuilderGreenpark Group
LocationJane & Rutherford, Vaughan
TypeInventory & default suites, 695–970 sq ft
StatusInventory Blowout
Price from$472,900*
Deposit$5,000 with the offer, balance to 5% within 10 days
Occupancy30–60 days
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The quick read

Greenpark's Grand Finale blowout at Charisma — the builder's remaining inventory and default suites in a finished tower at Jane and Rutherford, steps from Vaughan Mills. Every suite is priced to clear: up to $214,000 below list, a 5% total deposit starting at $5,000 and closing in 30 to 60 days, with a parking unit and bicycle locker included.

Why it made the collection

  • IThis is a true inventory and default blowout, not a marketing promotion. When a buyer walks away, the builder takes the suite back and reprices it to clear — and every suite on this list carries Greenpark's own list price beside its blowout price, up to $214,000 apart.
  • IIYou can see exactly what you're buying. This is a finished building — no renderings gap, no four-year wait and no occupancy-fee limbo. Closing is 30 to 60 days from signing.
  • IIIThe deposit is 5% total — $5,000 with the offer and the balance to 5% within 10 days. Precon normally asks 15 to 20% over years; this is resale-style money down on brand-new product, with a parking unit and bicycle locker included.
  • IVJane and Rutherford is established Vaughan — Vaughan Mills across the street, Cortellucci hospital and Canada's Wonderland minutes away, the subway at VMC a short drive south.

The caveat

The Grand Finale prices are exclusive of HST and assume the proposed Enhanced HST rebate is enacted and assigned to the builder — if it isn't, HST is payable on closing, so price it both ways. Maintenance runs $0.65 per square foot plus parking, locker and internet line items, with hydro and water separately metered. A few suites were previously occupied and carry warranty conditions that may vary — we flag which ones before you offer.

Current incentives

  • Inventory & default suites — up to $214,000 below list
  • $5,000 with the offer — balance to 5% within 10 days
  • Free parking unit and bicycle locker included
  • Close and move in within 30 to 60 days

Incentives are set by the builder and can change or end without notice.

The renderings

The Fifth at Charisma — pool terrace
The Fifth at Charisma — lobby
The Fifth at Charisma — fitness
The Fifth at Charisma — party room
The Fifth at Charisma — rooftop terrace

Imagery shows the community, surrounding area and builder materials; renderings, where shown, are artist’s concepts. E.&O.E.

Run the real numbers

What will this actually cost?

A quick, honest estimate — not a mortgage approval. We’ll run your exact situation together before you commit to anything.

Total deposit

$70,935

staged over the deposit schedule

Mortgage at closing

$2,094/mo

on $413,220

Carrying cost

$2,994/mo

mortgage + taxes/fees

Down payment under 20% → CMHC insurance applies. A premium of $11,255 (2.80% of the mortgage) is added to your loan and shown in the figures above. The Ontario PST on that premium is paid separately at closing. Put 20% or more down and there’s no CMHC premium.

Estimates only, for illustration — not a mortgage approval, financial advice, or a guarantee. CMHC premiums use standard rate bands; minimum down-payment rules also apply on the portion of price above $500,000. Actual deposit schedules, rates, taxes, fees and rents vary. This tool does not factor the HST/GST new-home rebate, which depends on your eligibility. Confirm every figure with your mortgage broker and accountant.

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