IF YOU DON'T LOVE YOUR HOME PURCHASE WITHIN 12 MONTHS, WE'LL BUY IT BACK OR SELL IT FOR FREE. 

28 Eastern Is The Condo You Have Been Waiting for Downtown Toronto!


Yes, Send Me More Info and Floor Plans.

28 Eastern Is a Luxury Condo in the core of Downtown Toronto

  • In the core of Downtown gives you the freedom to quickly access anything. The location of this condo is belongs to the community of “Cork town”. You can find delicious restaurants, new fitness centres, YMCA, and most known the distillery district. George Brown College is located just minutes away, this gives a great opportunity for investors looking for a student rental.

  • Rents vs. PSF - (Im not sure about the prices rn )

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Market Rents

TREB Condo Rent Data Q1-2020

YOUR INVESTMENT??

75% of units are between $400k - $600k

DEPOSIT STRUCTURE 20%

Local Deposit Under 850 sqft
$5,000 on Signing
Balance to 5% in 30 Days
5% in 380 Days
5% in 600 Days
5% on Occupancy

Local Deposit Over 850 sqft
$5,000 on Signing
Balance to 5% in 30 Days
5% in 450 Days
5% in 735 Days
5% on Occupancy

PLATINUM INCENTIVES ??

Assignments $1000

Occupancy Leasing Privilege

All terraces equipped with water and gas

Dhillon Realty’s Buyer Protection Guarantee

Mortgage Loan Assistance

Lawyer Review Assistance

PARKING AND LOCKER

EV Parking: $89,000

Locker: $6,500

DEVELOPMENT LEVIES OF $0 ??

($15,000 value)

SITE LOCATION

28 Eastern Ave, Toronto Ontario

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Launch:  July 2020
Units: 379 Units, 12 Stories, 9’0” ceiling height 
Suite Types: 1 to 4.5 Bedroom
Investment:Pre-Launch Sales from 

$549,990 to over $1,379,990

Parking Price:$79,000

Locker Price:$6,500

Maintenance Fees: $0.59 / sq ft / mont
Amenities: Barbeques, On-site Car Share , 24-Hour Conceirge , Courtyard Terrace with Private Outdoor Workpods,, Bicycle Repair Station , Fitness Studio , Billiards Room , Sculpture Garden , Lobby, Media Lounge , Family Room, Co-working Space, Conference Room, Party Room, Pet Spa, Dog Run, Parcel Storage, Dedicated Bicycle Storage Rooms, Rooftop Terrace with Sundeck
Taxes:1% of the price / year

Developer: Alterna Group

 

HOW DOES THE PRE-CONSTRUCTION PROCESS WORK?

Buying pre-construction real estate is a bit different than putting on offer on an existing property. Here's how the process typically works:

  1. The builder reaches out to select brokerages to share "early access" to a new pre-construction release.

  2. There is usually a fairly short period of time (usually a week or so) where information is released. Things like floor plans and prices are shared during this time. Occasionally the builder holds these things back until they gauge demand and releases them on a set day all at once.

  3. You express interest by filling out what's called a "worksheet" that is submitted by our brokerage to the developer, with details of your preference.

  4. The developer will allocate a unit to you, if you are satisfied you have 24 hours to complete a full Purchase & Sale Agreement and provide the post dated deposits.

  5. In Ontario there is a 10 day "cooling off period" after signing which allows you to change your mind and cancel for any reason (and get your deposit back).