Looks like Daniels is once again offering their highly popular 10% deposit structure for its upcoming DuEast Boutique East Residence. The launch is coming out soon on May 1st with price starting in the mid $300,000’s.
DuEast Boutique Deposit Structure:
- $5,000 on signing
- 5% minus $5,000 in 30 days
- Then $1,000 per month until you pay off the next 5%
Keep in mind, this deposit structure will be available for everyone whether you are a first-time home buyer, investors, people downsizing, or people moving up.
Compare this to the usual deposit structures for other condominium projects and you’ll see why this 10% structure is so attractive. A typical deposit would be something like this: $5,000 on signing; 5% in 30 days; 5% in 120 days; 5% in 365 days; 5% on occupancy (total of 20%).
DuEast Boutique East Residence is being built by The Daniels Corporation which is one of Ontario’s premiere builders as they have focused on creating mixed use communities through constructing over 27,000 award-winning homes and apartments, master-planned mixed-use communities, and commercial and retail spaces.
DuEast Boutique East Residence is the next condominium project located in the Regent Park Revitalization area. It’ll feature an 11 storey building with fantastic amenities such as a fitness centre, co-working spaces, kid’s play area, outdoor terrace, 24/7 concierge, party room, and much more. If you haven’t done so already, register with us for Platinum VIP access to the launch event on May 1st, 2018 and take advantage of the 10% deposit structure.