Daniels WAVE Lakeshore West
Final few suites remain at Daniels’ successful community that makes home ownership easy and affordable!
From the Condo Guide Magazine
Time is growing short for those seeking affordable home ownership in a premier locale. WAVE Lakeshore West, a Daniels FirstHome community, has attracted a tidal wave of interest since The Daniels Corporation launched sales this past October. Incredible pricing, Daniels’ renowned quality, a fabulous south Etobicoke location and unprecedented programs to assist with the down payment and enhance affordability have proven to be a tremendous success â€“ and WAVE is now about 80% sold!
With incredible prices on two-bedroom suites starting from $195,900, and three-bedroom townhomes from $314,900, WAVE is truly a home ownership opportunity that is second to none.
WAVE Lakeshore West is nearing completion at Lakeshore Boulevard and 12th Street, just west of Islington and adjacent to Garnett Janes Park. Owners will live close to absolutely everything in this up-and-coming neighbourhood, including numerous schools, plus shopping on Lakeshore and at fabulous Sherway Gardens. It’s a quick walk to the TTC, neighbourhood shops and restaurants along Lakeshore Boulevard, as well as the parks, walking paths and marinas along Lake Ontario. The QEW and GO Transit are also close by, and downtown Toronto is only a 15-minute drive away.
Daniels is making home ownership even easier with their innovative down payment assistance program. Recognizing that the down payment is one of the biggest hurdles in purchasing a new home, Daniels did some creative thinking and came up with a great solution. Qualified buyers will be eligible for Daniels’ Triple 5 Downpayment Assistance Program. This innovative new program allows qualified purchasers to put down five per cent of their new-home purchase price and Daniels will match it with an additional five per cent loan, (payment free for five years and payable at the end of that period with five per cent interest). To assist homebuyers further, the Federal and Provincial governments are providing an additional five per cent loan towards the downpayment, payment free for 20 years with the principal forgiven at that time at no interest. Qualified purchasers can also take advantage of CMHC’s 35-year mortgage amortization, resulting in a further saving of approximately $100 per month in after-tax dollars.
In addition to all of this, for a limited time, purchasers can buy a new condo at WAVE with only $500 down! By choosing to take this option of incredible affordability, buyers pay $500 at the time of purchase and then continue to pay $500 each month until final closing. By doing this, Daniels is eliminating the interim occupancy step of purchasing a new home â€“ the value that is accumulated from your $500 payments each month then goes towards your down payment.
A good selection of choice suites with five appliances and designer-inspired features and finishes is still available â€“ but you’ll have to hurry. With closings available early in 2007, and a limited-time offer of one year free maintenance, WAVE is sure to sell out quickly!
The Condo Guide Magazine is an excellent source of housing information for those looking for information on new condos in Ontario, Canada. We offer the most up-to-date information on new condominiums across the greater Toronto area.
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