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  • 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


Critical Dates:

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


Maintenance fees:


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


Procedures:


Are name changes permitted?

o No

Will the Vendor allow assignments?

o Yes

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?

o No


Structure/Building Information:


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.




 
 

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