NY Place Boutique Condos is the newest addition to Daniels' Landmark NY Towers Community at Bayview and Sheppard. The building is just a few steps to the subway station, minutes to shopping, theatre and the cinema. Best of all, Daniels is offering a bold new direction in home ownership with Toronto's ONLY Rent-To-Own Program -- part of the rent goes towards a down payment.
NY Place, by Daniels Corporation is the latest development in in Bayview Village known for the dominating "NY Towers" and "Arc" Condominiums that are pretty difficult to miss from the 401. The development is geared towards first time home buyers, and the Rent-2-Own program highlights Daniels' approach. Daniels are well known in the Real Estate world for their ability to sell their developments out very very quickly (their First Home developments in the suburbs and recent launches in Regent Park both sold out in just a few days). We expect nothing less from NY Place.
Daniels is the ONLY developer in Toronto to offer this unique program for purchasing pre-construction condominiums, and with NY Place already under construction, buyers will be able to move into their new home much much quicker than we are typically used to.
So, just how does the Rent-2-Own process work?
The program is only available for a limited number of suites (so act FAST and register below to get the details as soon as they become available), and works as follows:
1) Choose a one bedroom, one bedroom plus den or a two bedroom suite, Sign an Agreement of Purchase & 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 (pre-determined) 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 really THAT easy!
NY Place is a boutique development, featuring approximately 140 units. The units will feature 9ft. ceilings, stainless steel kitchen appliances, granite kitchen countertops and bamboo hardwood flooring throughout. In terms of location, NY Place is steps for the TTC and Bayview Village Shopping Centre and has easy access to the 401 & 404.
1 Day sale only at VIP price on September 10, 2011
Limited Time Offer!
Parking and Locker for only$12,800