- FREE ASSIGNMENT ** (Regular price $5,000)
- PERMISSION TO LEASE DURING OCCUPANCY
- CAPPED DEVELOPMENT CHARGES:
• $9,000 FOR 1 BEDROOM OR 1 BEDROOM + DEN
• $12,000 FOR 2 BEDROOM OR LARGER
- EXTENDED DEPOSIT STRUCTURE:
$5,000 on Signing
Balance to 5% in 30 days
5% in 120 days
5 % in
270 365 days
5% on Occupancy
FREQUENTLY ASKED QUESTIONS
About the Project:
o Located at St Clair Ave W & Old Weston Rd
o Proposed Addresses: (Midrise) 1808 St. Clair Ave W / (Urban Towns) Ed Clark Gardens
o Developer/Builder: Diamond Kilmer Developments
What is the Anticipated Construction Start Date?
o September 2020
What is the First Tentative Occupancy Date?
o June 2022
What is the International Deposit Structure?
o $10,000 on signing
o 10% less $10,000 in 30 dayso 10% in 120 days
o 10% in 270 365 days
o 5% on occupancy days
o Midrise: $0.59/sf per month
o Urban Towns: $329 per month
o Plus $23 per month for Rogers High Speed Internet
What do the maintenance fees cover?
o Common Area Expenses, Unit Gas Consumption & Rogers Internet
How many visitor parking spaces available?
o Midrise & Urban Towns: 11
How is mail being delivered?
o Midrise: Mailroom & Parcel Room for package delivery
o Urban Towns: Canada Post Community Mailboxes
Who is the property management company?
o First Service Residential
Are name changes permitted?
Will the Vendor allow assignments?
Can Purchasers buy multiple units under the same name?
o No, one purchase per household
Can Purchasers purchase under a Corporation?
o Yes, but the APS must also include the Owner’s Name
Are Purchasers required to provide mortgage approvals?
o Yes, within the 10-day cooling periodAbout Features & Finishes:
When does the Purchaser choose colours and finishes?
o Approximately 1 Year prior to occupancy
Can Purchasers make changes to the floor plan?
What are the ceiling heights?
o Midrise: 9 ft Ceilings on Floor 2, 3, 4, 5, 9
10 ft Ceilings on Floor 6, 7, 8, 10, 11
o Urban Towns: 9 ft Ceilings on Main Living Level 8 ft Ceilings on Bedroom Level
What is the heating and cooling system?
o Midrise: 2-pipe Heat Pumpo Urban Towns: Gas Furnace
Please contact me for the price list and any other questions.