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Serious About Selling? 5 Steps to Make Your Home the Best on the Block

We all want to be good neighbors. But when it comes to selling your home, it’s not just about “keeping up with the Joneses.” It’s about outshining them at every opportunity!

If you’re looking to sell your home fast and for the most money possible, you’ll need a strategy to set it apart from all the other listings competing for buyers in your area. That’s why we’ve outlined our proven, five-step plan for serious sellers.

Use these five tactics to help your listing get noticed, win over buyers, and net a higher sales price than your neighbors!

STEP 1: Stage Your Home to Show Its Full Potential

The average seller will do the minimum to prepare their home for market: clean and declutter, fix anything that’s broken, mow the lawn. And while those tasks are essential, today’s buyers want more than just a clean house and tidy yard. When they dream of buying a new home, they envision a designer house with modern finishes. Help them see your property’s full potential by staging it.

Home staging is one of the hottest trends in real estate—because it works! According to the Real Estate Staging Association, homes that are professionally staged spend 73% less time on the market.1

So what exactly is staging? In a broad sense, staging is the act of preparing your home for market. The goal is to highlight your home’s strengths, minimize any deficiencies, and help buyers envision themselves living in the space. When staging a home, you might rearrange the furniture to make a room feel larger or remove heavy curtains to make it appear brighter.

Some sellers choose to hire a professional home stager, who has specialized training and experience, to maximize the appeal of their home to the largest number of potential buyers. Others may opt to do it themselves, using guidance from their agent.

We can help you determine the appropriate budget and effort required to push your home ahead of the competition in your neighborhood. The good news is, an investment in staging pays off. A 2018 survey found that 85% of staged homes sold for 6-25% more than their unstaged neighbors homes.2

 STEP 2: Draw Buyers in with High-Quality Listing Photos

You only have one chance to make a first impression with potential buyers. And many buyers will view photos of a listing before they decide whether or not to visit it in person. In fact, 87% of buyers find photos “very useful” in their home search.3 Poor-quality or amateur-looking listing photos could keep buyers from ever stepping through your door.

Since good photography plays such an important role in getting your property noticed, we only work with the top local professionals to photograph our listings. But we don’t just rely on their photography skills when it comes to showcasing your home.

We go the extra mile to ensure your listing photos showcase the true essence of your home. We’re always on site during the photo shoot to help the photographer capture the best angles and lighting, and to let them know about unique or compelling selling features that they should photograph. The extra effort pays off in the end. In fact, listings with high-quality photography sell 32% faster than the competition … and often for more money!4

  STEP 3: Price It Properly From the Start

Even in a strong real estate market, there are homes that will sit unsold for months on end. This can be the “kiss of death” in real estate, as buyers tend to imagine that there must be something wrong with the property, even if it’s not the case.

But why are those houses still on the market in the first place? It’s because they are often priced too high.

Every buyer has a budget. And most will be viewing listings within a particular price range. If your property is overpriced, it can’t properly compete with the other houses they’re viewing that are priced correctly. Which means it’ll sit on the market until you’re eventually forced to drop the price.

Alternatively, if you price your home aggressively, it can be among the nicest homes that buyers have seen within their budget. This can lead to emotionally-attached buyers, who are often willing to pay a premium or settle for fewer seller concessions. And in certain markets, it can lead to a multiple-offer situation, or bidding war. The end result? More money in your pocket.

We can help you determine the ideal listing price for your home in the current market. Pricing it properly in the beginning is the best way to ensure a fast and profitable sale.

  STEP 4: Put on a Good Show at Each Showing

Once buyers are interested enough to schedule a visit, it’s crucial that you put on a good show at each showing.

The first step is to make your home readily available—and often on short notice—for buyers to see it. A missed showing is a missed opportunity to sell your home. If you set too many restrictions on when it’s available to view, busy buyers will simply skip over your listing and move on to the next one.

Part of making your home available means keeping it relatively show-ready as long as it’s on the market. Most of us don’t live picture-perfect lives, and our homes reflect the day-to-day reality of our busy (and sometimes messy) families. But a little extra effort spent keeping your home clean, fresh-smelling, and ready for buyers will help it sell faster … which means you can get back to your regular routine as quickly as possible!

 STEP 5: Use a Proven Promotion Plan

 Most agents are still marketing their listings like they did 20 years ago  … put a sign in the yard, put the listing in the MLS, and pray that it sells. Yet, we know that 93% of buyers search for real estate listings online.3

That’s why we invest in the latest training and technology—to ensure your listing appears in the places where buyers are most likely to look. Our dual-level promotion strategy includes both pre-launch activities designed to seed the marketplace and post-listing activities to ensure your home stays top-of-mind with potential buyers.

By utilizing online and social marketing platforms to connect with consumers and offline channels to connect with local real estate agents, your property gets maximum exposure to prospective buyers.

LET’S GET MOVING

Are you thinking about listing your home? Get a head start on your competition! Contact us for a copy of our Home Seller’s Guide, which offers a complete guide to the home selling process. Or call us to schedule a free no-commitment consultation. We’d love to put together a custom plan to maximize the sales potential of your property!

Please visit our website, https://www.snaphomes.ca/ for free home evaluation or choose our popular app, Neighbourhood Buzzer Instant FREE Updates When Your Neighbours Are Selling!  Click here:>>>  https://bit.ly/2X0tPpC

 

 

Sources:

  1. Real Estate Staging Association – https://www.realestatestagingassociation.com/content.aspx?page_id=22&club_id=304550&module_id=164548
  2. Home Staging Resources –
    https://www.homestagingresources.com/2018-home-staging-statistics/
  3. National Association of Realtors –
    https://www.nar.realtor/sites/default/files/documents/2018-real-estate-in-a-digital-world-12-12-2018.pdf
  4. RIS Media –
    https://rismedia.com/2018/12/12/shocking-stats-importance-photography-real-estate/
 
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Posted by on June 9, 2019 in Condominiums

 

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2019 Federal Budget Details

March 20, 2019 — The federal government has announced the details of its proposed 2019 budget.  The budget proposes numerous significant measures focused on housing.  TREB’s formal statement on the budget and budget details are provided below.

TREB issued the following statement immediately following the announcement of the budget:

TREB Statement Regarding 2019 Federal Budget Announcement

The Toronto Real Estate Board (TREB) applauds Minister Morneau and the federal government for making home buyers and housing issues a priority of the federal budget, announced today, but continues to be concerned about unnecessary mortgage restrictions, which were not addressed.

“TREB has been vocal about the need for governments at all levels to address housing issues, especially with regard to affordability and first-time buyers. This federal budget takes some important actions in that regard.  The First-Time Home Buyer Incentive is an interesting proposal and TREB is reviewing these details to better understand how it will affect home buyers.  We are also encouraged that the government is proposing to increase the limit on the RRSP Home Buyers’ Plan from $25,000 to $35,000, something which we have advocated for. Nevertheless, this budget leaves some important issues unaddressed, including the mortgage stress test and restrictions on 30-year mortgage amortizations,” said Garry Bhaura, TREB President.

In recent months, TREB has been calling on the federal government and the Office of the Superintendent of Financial Institutions (OSFI) to reconsider Guideline B-20, which imposed an onerous mortgage “stress test” on home buyers, requiring them to qualify at mortgage rates that are two percentage points higher than actual market rates.  TREB has also called on the federal government to allow for federal mortgage insurance on 30-year mortgage amortizations.

“Current market realities indicate that the OSFI stress test and the federal limitations on 30-year mortgage amortizations are not warranted. This is especially true at a time when first-time buyers are facing serious challenges in achieving the dream of home ownership.  We applaud the federal government for acknowledging that housing issues are a top priority for Canadians, but current mortgage restrictions still need to be addressed,” said John DiMichele, TREB’s Chief Executive Officer.

2019 Federal Budget Details

  • First-Time Home Buyer Incentive.   The CMHC First-Time Home Buyer Incentive is a shared equity mortgage that would give eligible first-time home buyers the ability to lower their borrowing costs by sharing the cost of buying a home with CMHC. The Incentive would provide funding of 5 or 10 per cent of the home purchase price. No ongoing monthly payments are required. The buyer would repay the Incentive, for example at re-sale. For example, if a borrower purchases a $400,000 home with a 5 per cent down payment and a 5 per cent CMHC shared equity mortgage ($20,000), the size of the borrower’s insured mortgage would be reduced from $380,000 to $360,000, helping to lower the borrower’s monthly mortgage bill. Terms and conditions will be released in the coming months and the program is expected to be operational by September 2019.  
    • Eligible first-time home buyers who have the minimum down payment for an insured mortgage would apply to finance a portion of their home purchase through a shared equity mortgage with CMHC.
    • The Incentive would reduce the monthly payments required to buy a home.
    • CMHC would offer qualified first-time home buyers a 10 per cent shared equity mortgage for a newly constructed home or a 5 per cent shared equity mortgage for an existing home. This larger shared equity mortgage for newly constructed homes is intended to help encourage the home construction needed to address some of the housing supply shortages in Canada.
    • The Incentive would be available to first-time home buyers with household incomes under $120,000 per year. At the same time, participants’ insured mortgage and the Incentive amount cannot be greater than four times the participants’ annual household incomes.
  • Increasing the Home Buyers’ Plan (HBP) Withdrawal Limit from $25,000 to $35,000.  The increase to $35,000 will allow home buyers greater access to their own savings to purchase a home.  To date, the HBP has helped over 2.9 million Canadians achieve homeownership.
  • Expanding Eligibility for the HBP During Significant Life Changes.  Expanding the use of the HBP is a fiscally-conscious way to help Canadians maintain homeownership after experiencing a breakdown in their marriage or common-law partnership.
  • Impact of Mortgage Rate Stress Tests.  The government will continue to monitor the effects of its mortgage finance polices and adjust them if economic conditions warrant.
  • Increasing Housing Supply Through Partnerships and Targeted Investments.  The government continues to support the Rental Construction Financing Initiative launched in 2017.  An additional $10 billion will be invested over the next nine years and the program will be extended until 2027-28.  This investment will support the construction of 42,500 rental units across the country.
  • Housing Supply Challenge.  The government is launching a challenge to municipalities and other stakeholders to identify innovative ways to break down barriers that limit the construction of housing supply. More information on the challenge will be released in summer 2019.
  • Reviewing Housing Supply and Affordability.  On March 15, 2019, the Minister of Finance Canada along with British Columbia’s Finance Minister and the Minister of Municipal Affairs and Housing launched an expert panel to discuss and provide recommendations on the future of housing supply and affordability.  Budget 2019 will invest funds to support this initiative.
  • National Housing Strategy.  Launched in Budget 2017, the National Housing Strategy is a $40 billion investment in affordable housing.  The government is proposing to introduce legislation that would require the federal government to maintain the National Housing Strategy and require regular reporting on the progress to Parliament.
  • Increasing Fairness by Strengthening Rules and Compliance.  The Canada Revenue Agency (CRA) will be creating four new audit teams dedicated to residential and commercial real estate in high-risk regions.  This will ensure that real estate tax provisions will be respected and will focus on:
    • Sale of principal residence is reported on tax returns;
    • Capital gain from a real estate sale is accurately reported as taxable income (principal residence tax exemption still applies);
    • Money made on real estate flipping is reported as income;
    • Commissions earned are reported as taxable income;
    • GST/HST on new residential properties is properly remitted to the CRA.
  • Deterring Financial Crime in Real Estate.  The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) will increase their examinations in the real estate sector to improve detection of money laundering activities in real estate transactions.
  • Improving Energy Efficiency.  To increase energy efficiency for residential and commercial buildings, the government will assign $1.01 billion to the Federal of Canadian Municipalities through the Municipal Green Fund.

 

 

Source: TREB

 
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Posted by on March 21, 2019 in Condominiums

 

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Lakeside Residences

Lakeside Residences is a new condo development by Greenland Group (Canada) currently in pre construction at 215 Lake Shore Boulevard East, Toronto. Lakeside Residences has a total of 1148 units.

Click Here To Register To Get Pricing & Floor Plans

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Lakeside Condos is a new condominium development by Greenland Group currently in pre-construction located at 215 Lake Shore Boulevard East, Toronto in the Waterfront neighbourhood with a 93/100 walk score and a 100/100 transit score. Lakeside Condos is designed by Hariri Pontarini Architects. The project is 49 storeys tall and has a total of 1148 suites.

LAKESIDE Condos Highlights:

Has a walkscore of 93/100: walkable EVERYWHERE
Located in the Waterfront Communities-The Island neighbourhood in Toronto
16 minute walk to Union Station
Walking distance to Billy Bishop Airport and The Financial District
8 minute walk to St. Lawrence Market and Toronto Island Ferry Terminal
Steps from Lake Ontario and Sugar Beach
Close access to University of Toronto St George Campus and Ryerson University
Close to shops, restaurants and entertainment
Has a transit score of 100/100: World class public transportation
Nearby parks include St. James Park, Berczy Park and Sculpture Gardens
✔ Excellent WalkScore of 93/100, perfect TransitScore of 100/100, and great BikeScore of 86/100
✔ Local and nearby attractions and things to do include the Hockey Hall of Fame, Berczy Park, the Distillery Historic District, the CN Tower, Rogers Centre, Ripley’s Aquarium of Canada, Toronto Railway Museum, Harbourfront Centre, Princess of Wales Theatre, Simcoe Wavedeck, Royal Alexandra Theatre, the Air Canada Centre, HTO Park, Glenn Gould Studio, TIFF Bell Lightbox, Toronto Music Garden, Roy Thomson Hall, National Ballet of Canada, Cynthia Findlay Antiques, Nathan Phillips Square, New City Hall (architecture), York Quay Centre, Bay of Spirits Gallery, and the Four Seasons Centre for the Performing Arts
✔ Restaurants located near the area include Belle Restaurant, Marche, Oliver & Bonacini Café Grill, Ki Modern Japanese & Bar, Over Easy, Biff’s Bistro, The Irish Embassy Pub & Grill, Wildfire Steakhouse, Jump Restaurant, IQ Restaurant, Fran’s Restaurant & Bar, Druxy’s Famous Deli, Movenpick Café, Bottom Line Restaurant, Manchu Wok, Edo Japan, Beer Bistro, Tamarind, Old Spaghetti Factory, Canoe Restaurant & Bar, Carisma, East Thirty-Six, P.J. O’Brien Irish Pub & Restaurant, Teller’s Bar & Lounge, and Uncle Tony’s Restaurant
✔ Local schools to the area include Downtown Alternative School, DreamShare Learning, Centre Des Pionniers, Market Lane Junior and Senior School, Saint Michael School, and EV Charging Station

All information, prices, terms and conditions subject to change without notice. E. and O.E.

 

 

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Panda Condo

Panda Condos is a new condo development by Lifetime Developments currently in preconstruction at 20 Edward Street, Toronto. Panda Condos has a total of 555 units.Panda Condos Located in center of Downtown Toronto where there is plenty of options for shopping, restaurants and entertainment. Yonge and Dundas is the part of downtown which is excellent in all scores. Cecconi Simon designed-infused suites Exquisite euro style kitchens Timeless bathrooms Convenient Laundry.Panda Condos Highlights:
-100/100 Walk Score
-100/100 Transit Score
-Toronto Eaton Centre right around the corner
-Endless Shopping and Eateries in the Bay Street Corridor
-Perfect for Students: Short Walk to Ryerson University, OCAD University, UofT.

Click Here To Register To Get Pricing & Floor Plans

All information, prices, terms and conditions subject to change without notice. E. and O.E.

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The Step Condos

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The Step Condos. With entry-point pricing, low monthly running costs, Terranata’s residential condominium, The Step, is the affordable and utterly desirable option that allows you to say goodbye to renting and say hello to owning a home overlooking the Humber River’s lush greenspaces. One of the highlights of living at The Step Condos is an easy access to highway 400 and 401. It is also close to Humber College and York University.

First launch is not available to public or other agents. First access Guaranteed, Register today.

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Posted by on December 30, 2015 in Condominiums

 

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30 Ordnance Condos

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A new project featuring innovation and sustainability. Proposed 30 & 35 storey residential condominium towers with an industrial component. This innovative project incorporates work space in the podium of the north tower, and connects to future open space and linkages to the east. Unsurpassed views and all you need to live, work, and play.

30 Ordnance Condos will be a 500,000 square foot mixed use development with a podium containing the 26,000 square feet of office / studio use, and street related townhouses that will animate a new pedestrian walkway that will connect Ordnance Street Condos to the new park and bridge. Two residential towers will provide a wide range of unit types, most with uninterrupted views of the downtown skyline and Lake Ontario.

Located just east of Liberty Village, 30 Ordnance Street is located adjacent to one of Toronto’s most vibrant new neighbourhoods. Within walking distance of the lakeshore and the entertainment/shopping/gallery districts of West Queen West, Trinity Bellwoods Park, King Street West and Ossington, 30 Ordnance Street is also a quick bike or streetcar ride away from the downtown core and financial district. The site faces the new parks being added to the Fort York precinct and will thus have protected views of the dramatic downtown skyline to the east.

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Important Message: In order for an investor to take the most advantage of Buying Pre-construction Condos is to buy before its open to the public. Prior to opening day of a new condo sales office to the general public, prices may have gone up. This will be an opportunity for you to invest in a unit at the lowest price possible before its open to the public. You can be one of the first purchasers to be invited to Platinum VIP Preview Sales Event long before the presentation centre opens to the public. This gives you an opportunity to have the first access to inventory, best pick at unit levels, floor plans, lowest price not available to the public and the ability to take advantage of Platinum VIP Condo Incentives the builder may offer.  This is a perfect opportunity at the Platinum VIP Price.

For more information and to register now for this project Condos Platinum VIP Preview Sales Event please Register, we can only bring limited customers into the Platinum VIP Sales Event, so pre-register now for priority access:

 

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Yonge + Rich Condos

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Introducing Yonge + Rich Condos, setting a new standard for condominium living in the heart of the city. Entertain friends on your expansive landscaped terrace surrounded by open sky and lake views.

Conveniently located at Yonge and Richmond, this soaring development at 25 Richmond Street East. Yonge + Rich Condos provides residents with uncompromised lake and city views, unparalleled design, expansive terraces ideal for entertaining, and unbelievable features and finishes.

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With the TTC just steps away, explore your city, or discover Toronto’s underground PATH where you will find local boutiques, gourmet food shops, The Eaton Centre, and Dundas Square. The city is at your doorstep.

Priced from $289,990

Yonge + Rich Features & Finishes

THE BUILDING

Located just east of Yonge, live at the centre of it all with everything you can imagine. Enjoy easy access to the subway, the PATH, Eaton Centre, U of T, and the Financial and Entertainment Districts. Live with luxury amenities, expansive terraces, and views of the lake and city. YONGE + RICH Condos is a dramatic 50-storey tower, designed by celebrated architectural firm, Architects Alliance. YONGE + RICH Condos is at the southeast corner of Richmond and Victoria Street with the main entrance off Richmond Street East.

Breathtaking double-height lobby and extensive amenities designed by internationally-renowned interior design firm Burdifilek. Amenities will be located on the entire fifth floor and will include yoga / aerobic / pilates room, his and hers steam and change-rooms, cardio room, weight room, fitness training room, billiard room, kitchen / dining / bar lounge area, and pool side lounge. This floor opens onto a spectacular garden designed by acclaimed landscape architect, DTAH. This resort-in-the-city style area will include an outdoor swimming pool and hot plunge, BBQ area, seating, sunning areas and trees.

  • 24 hour, 7 day a week concierge including virtual concierge service through custom-designed mobile application.
  • Underground parking with security monitoring from concierge station.
  • Underground garage painted white and lit with fluorescent lighting for added safety and security.
  • 4 custom-designed high-speed elevators.
  • Paid visitor parking for cars on the uppermost parking level.
  • Mailroom conveniently located beside front lobby.

THE SUITES

  • Ceiling heights of approximately 8’6” up to and including floor 21, and approx. 9 ft. on floors 22 and above. Ceiling heights are exclusive of bulkheads, which are required for mechanical purposes such as kitchen and bathroom exhausts, and heating and cooling ducts.
  • Choice of designer-selected pre-finished engineered flooring throughout.
  • Choice of one paint colour, from builder’s standard samples
  • Solid core entry door with security view-hole.
  • Samsung electronic door hardware with RFID / security code access
  • Sliding or swing doors in bedrooms, as per plans.
  • Architecturally-designed baseboards, door frames and casings.
  • Brushed metal door handles and hardware.
  • White, plastic-coated, ventilated wire shelving in all closets.
  • Insulated double-glazed, aluminum windows.
  • Stacked compact brand-name washer/dryer with exterior venting in all suites, as per plans.

THE KITCHEN

  • Contemporary kitchen cabinetry custom designed by Burdifilek, in a variety of materials and colours, from builder’s standard samples.
  • Choice of quartz kitchen countertop, from builder’s standard samples.
  • Glass tile backsplash, from builder’s standard samples.
  • Single bowl stainless steel under mounted sink with contemporary design faucet with integrated
  • Choice of pre-finished engineered flooring, from builder’s standard samples.
  • Stainless steel appliances including full-height counter depth 25” refrigerator for one bedroom and one bedroom + den suites (30” refrigerator for two bedroom and two bedroom + den suites), 30” self-cleaning range, built-in dishwasher and built-in microwave, as per builder’s standard samples.
  • Integrated stainless steel hood fan, as per builder’s standard samples.
THE BATHROOMS
(master bathroom or main bathroom in one bathroom suites)
  • Choice of quality Burdifilek custom designed cabinetry in a variety of materials and colours, from builder’s standard samples.
  • Choice of quartz countertop with undermount ceramic sink and polished chrome faucet.
  • Burdifilek custom designed mirror above vanity.
  • Wall mounted lighting above vanity.
  • Choice of 12”x24” porcelain tile, from builder’s standard samples.
  • Soaker tub with shower rod, as per plans.
  • Steel accessory package including towel bar and toilet paper holder, where applicable.
  • Choice of full height porcelain wall tiles in tub/shower enclosure, from builder’s standard samples.
  • White plumbing fixtures.
  • Exhaust fan vented to exterior.
  • Pressure balance valve for tub.

THE SECOND BATHROOMS

(in two bathroom suites)
  • Choice of Burdifilek custom designed quality cabinetry in a variety of materials and colours, from builder’s standard samples.
  • Choice of quartz countertop with undermount ceramic sink and polished chrome faucet.
  • Burdifilek custom designed mirror above vanity.
  • Wall mounted ceiling lighting above vanity.
  • 12”x24” porcelain floor tile from builder’s standard samples.
  • Full height porcelain wall tiles in shower enclosure, from builder’s standard samples.
  • Frameless glass shower enclosures, as per plans.
  • White plumbing fixtures.
  • Steel accessory package including towel bar and toilet paper holder, where applicable.
  • Exhaust fan vented to exterior.
  • Pressure balance valve for tub and shower.

THE TECHNOLOGY

  • Building to feature virtual concierge service through custom-designed mobile application.
  • Emergency voice communications system, smoke, heat and carbon monoxide detector where applicable in each suite.
  • High-speed Internet access provided with “future technology-ready” features in all suites.
  • Rough-in for future security system.
  • Pre-wired for cable TV and telephones as per plans.
  • White “Decora” switches and outlets.
Great Gulf is a member of BILD (Building Industry and Land Development Association) of Toronto.All suites protected under the Tarion Warranty Corporation.Interior design consultation at Décor Centre on all finishes and colour packages included in purchase price. All interior floor, wall finishes and materials are to be chosen with the assistance of the Builder’s Interior Design Consultant. All materials and other selections for which the Purchaser is entitled to make a selection are to be chosen from Builder’s samples, and are as per Builder’s specifications. Purchaser shall only be entitled to make such selections provided that the items are not already ordered or installed. Sizes and specifications are subject to change without notice. E. & O.E.

Price List and Floor Plans  are available upon request.

Important Message:In order for an investor to take the most advantage of Buying Pre-construction Condos is to buy before its open to the public. Prior to opening day of a new condo sales office to the general public, prices may have gone up. This will be an opportunity for you to invest in a unit at the lowest price possible before its open to the public. You can be one of the first purchasers to be invited to Platinum VIP Preview Sales Event long before the presentation centre opens to the public. This gives you an opportunity to have the first access to inventory, best pick at unit levels, floor plans, lowest price not available to the public and the ability to take advantage of Platinum VIP Condo Incentives the builder may offer.  This is a perfect opportunity at the Platinum VIP Price.

For more information and to register now for the Yonge + Rich Condos Platinum VIP Preview Sales Event please fill out the form below, we can only bring limited customers into the Platinum VIP Sales Event, so pre-register now for priority access:

 

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