NY2 Condos description
Daniels’ exclusive Rent-To-Own Program offers an easy way for first-time buyers to enter the new home marketplace, and it is the only program of its kind in Toronto today. “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 make the dream of homeownership more attainable”, says Dominic Tompa, Broker of Record for City Life Realty Ltd. “We are really excited about NY2 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 down payment while living in 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 NY2 has been designed to make purchasing 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 into your new home starting as early as summer 2014.
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) After one year, all you will have to do is top off your 5% down payment for your closing… It’s that easy!
In addition to a fantastic Rent-To-Own Program, residents will be able to enjoy fantastic amenities within their new home at NY2, including a Wi-Fi café lounge – perfect for enjoying a coffee or catching up on emails, a fully-equipped and professionally designed fitness room, a roof top party room great for entertaining both indoor and out, and outdoor gardening plots – this outdoor oasis will be the perfect place for residents to get away from everyday life and exercise their green thumbs by planting herbs, flowers and spices. Plus it will offer 5,000 sq. ft. of retail space on the ground level. NY2 is simply “2 Good 2 Miss!”