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Daniels’ Innovative RENT-TO-OWN PROGRAM is Coming This Fall
This fall The Daniels Corporation will introduce the most unique homeownership opportunity in the city today, with their exclusive Rent-To-Own Program at NY Place Boutique Condominiums, the newest addition to the landmark NY Towers Community at Bayview and Sheppard. Daniels is the ONLY builder-developer in Toronto to offer this unique program designed for those seeking to secure a down payment on a home of their own. With NY Place already under construction, suites priced from the mid $200,000s, and rents starting from just $1,489 per month, those who are interested in taking advantage of this program will want to act quickly - this incredible opportunity will only be available on a limited number of suites and judging by the overwhelming response to date they are sure to go fast!
“Purchasing a new home is one of the biggest and most exciting decisions you will ever make, and at Daniels, we work hard to create programs that help to make the dream of homeownership more attainable”, says Martin Blake, Daniels’ Vice President. “We are really excited about NY Place and the Rent-to-Own program because it will help make it easier for people to get into homeownership by allowing them to accumulate a significant portion of their monthly rent towards their down payment for the purchase of their new home. For many this is the extra help they need to be able to enter into the new home market place and realize their dream of homeownership”
The Rent-To-Own Program at NY Place has been designed to make the purchasing process as easy as 1, 2, 3. Here’s how it works:
1) Choose a one bedroom, one bedroom plus den or a two-bedroom suite, Sign an Agreement of Purchase and Sale and move in to your new home starting as early as next spring.
2) While you are living in your new home a portion of your monthly payment will be credited towards your down payment. The total amount accumulated will then be applied towards your 5% down payment.
3) At the end of that year all you will have to do is top off your 5% down payment for your closing… It’s that easy!
Residents at NY Place will also love the functionality and usability of the phenomenal amenities at the NY SOCIAL. Residents will feel right at home with the NY Café - a cozy, sunlit lounge complete with WiFi capabilities, comfy couches and a flat screen TV – the perfect place to chat with neighbours, catch up on the daily news or just chill out with a good book. The chic Party Room will feature a central ‘glowing’ bar and causal seating ideal for entertaining large groups or intimate gatherings. Fitness buffs can forgo their expensive gym memberships and take advantage of the state-of-the-art Fitness Centre complete with a stretch area, cardio and weight training equipment.
For those who have a knack for gardening, NY Place will offer an Urban Garden Terrace. This phenomenal outdoor oasis will be filled with garden plots and fruit trees where residents can exercise their green thumbs by planting their own herbs, flowers and spices. During the colder months, residents will be able to continue their love for the outdoors by taking advantage of the Garden Nursery that can be used year-round to plant seedlings or pot plants.
The Urban Garden Terrace is also the perfect place to get away from of the hustle and bustle of the busy city and relax with friends over a BBQ or even enjoy an evening around the fire pit. On top off all of this, NY Place will have a ground floor retail space and is even cool for canines with its own built-in dog washing centre.
From its slick, clean glass architectural design to its spacious suite designs, NY Place offers stylish suite features and finishes including 9 foot ceiling heights; stainless steel kitchen appliances; granite kitchen countertops; bamboo hardwood flooring throughout and much more - NY Place truly embodies today’s contemporary uptown lifestyle.
NY Place is steps from the TTC and Bayview Village Shopping Centre - one of the city’s premier shopping destinations. Highways 401 and 404 and the Don Valley Parkway are also nearby, along with entertainment venues, great restaurants, parks and more.
Over the past two decades, The Daniels Corporation has become one of Canada’s most prominent residential builder/developers and has built over 18,000 homes and apartments in a diverse range of award-winning communities across the GTA.
Don’t Wait - REGISTER NOW to take part in our home ownership Seminar to learn more about Toronto’s ONLY Rent-To-Own program at NY Place, in advance of the sale event this fall.
Remember, this program will only be available on a limited number of suites so ACT FAST!
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