Incredible 5% Deposit – Here’s What You Need to Know!
You may have heard of the recent first-time homebuyer incentive, launched by the federal government on Monday, September 2nd. We know this probably is not applicable to you, but it very well could be to someone you know. Whether it’s your children, friends, or colleagues, you have to tell them about an even better program offering a 5% gradual deposit, an additional 10% off plus $25,000 towards your down payment….
Targeting the growing cohort of millennials, the government incentive was developed to assist them in entering the expensive homeowner market and ease the country’s housing-supply shortage. The government aims to save new owners a few hundred dollars each month of mortgage, creating shared equity between homeowner and government via mortgage insurance providers.
Now whilst this program does provide many benefits, we have an even better option. Although you may have already started your investment journey, I’m sure you have heard complaints from your children, your friend’s children or your colleagues regarding the expensive housing market in Toronto. Here’s where Daniels Corporation can assist!
Daniels First Home
Daniels Corporation has developed Canada’s most powerful homeownership program. First time homebuyers are eligible for a 5% gradual deposit payment plan, and a first home boost that provides an interest free and payment free loan. The BOOST program offers qualified purchasers an additional 10% off purchase price, together with $25,000 towards down payment. This innovative payment plan is much more flexible and achievable, particularly with the current fluctuating mortgage rules.
If you’re interested in hearing more, together with Daniels we are presenting a homeownership 101 Seminar on Thursday October 10th at the Markham Convention Centre. This will provide you with the opportunity to:
- Register for the exclusive 5% gradual deposit
- Boost down payment from 5% to 15% interest and payment free
- Use RRSP and other funds towards your down payment
- Calculate initial costs and closing costs
- Speak one-on-one with experts
- Learn how to qualify and get the best rates
- Get your mortgage pre-approval on the spot
This program makes the dream of home ownership a reality, and will only be available for a limited time! Learn more and register here to secure your spot.
Markham Sheppard Condos
Now, what better first home investment than Markham and Sheppard condos! Daniels and Diamond Corp have created a new community of Scandinavian inspired, mid-rise condominium suites and town homes. Starting from the $290s, they are already under construction in the established neighbourhood of Scarborough North. Markham and Sheppard will be just minutes from Centennial College, the 401, parks, shopping and great restaurants with convenient bus services on all main streets and many interior streets.
Rent prices are continuing to increase; millennial’s and young adults are working hard and ready to purchase a home for themselves. Don’t miss out on this great opportunity, attend the exclusive event and sign up yourself, or tell someone you think could benefit from the assistance.
We help investors build their wealth through real estate.
CONNECT Asset Management is Canada’s leading real estate investment brokerage specializing in pre-construction sales and investments. Our team consists of award-winning condo investors/realtors who negotiate directly with the industry’s leading developers to secure discounts and incentives for our clients.