Eau Du Soleil Condo's Incredible Deposit Structure Promotion – $2500 Down and $500/month for 47 Months
Last Updated on
[Eau Du Soleil Condos is offering an incredible promotion for buyers right now]
Every day I hear from people who want to get into condo ownership but they just don’t have the money for the typical 15-20% deposit that is required.
Let’s face it, if you are just starting out, scraping together $30-40K or more is hard. It takes a long time!
And the problem is that every year you save condo prices just keep getting higher. Each passing year you are missing out on more and more equity and your net worth is barely moving.
If you are in this situation, or if you are the parent of a child in this situation, I have some great news for you today:
Eau Du Soleil Condos is offering one of the best, most buyer-friendly deposit structures for a pre-construction condo that I’ve ever seen.
[If you aren’t familiar with Eau Du Soleil, download the brochure here]
Check this out:
You can buy a unit at Eau Du Soleil with only
-$2500 deposit up front,
-then just pay $500/month for 47 months
-then the balance to 15% is due on occupancy in 2017/2018.
-So after the first year, you are only out of pocket $8500.
-After 2 years you have only paid $14,500
-After 3 years you have only paid $20,500
-After 4 years you have paid $26,000.
Plus there are some sweet bonuses for purchasers under this promotion:
Bonus #1: 1 Year TTC pass included on occupancy (value $1500)
Bonus #2: Trip For 2 to the Caribbean on occupancy (value $2500)
Bonus #3: Free parking, Free Locker, and a whack load of upgrades (see details here for all the upgrades)
For more information, or if you would like reserve a unit under this promotion, please complete the form below or call me at 416-371-2333.
Is this promo for you?
Do you want to live on the waterfront? Steps to trails, parks, boating, transit, and highways?
Do you have $2500 right now to buy a condo?
Could you save at least $26000 over the next 4 years?
Then this could be a great way for you to get into home ownership.
New Condo or New Car?
Here is a little chart that you might find interesting.
A lot of young people put buying or leasing a new car as a top priority as soon as they start to earn some money. But a new car is actually a terrible investment.
Let’s compare buying a condo at Eau Du Soleil with leasing a new car (for this example I just used a round figure of $300k for the condo purchase price)
A few things to keep in mind with this promo:
The promotion applies only to the non-water facing units in both the Sky Tower and the Water Tower. (there are 3 different floor plans, see the link here)
You must get a mortgage letter from RBC bank (The financing partner on this project)
You do need to come up to 15% total deposit on the occupancy date in 2017/2018. so you will need to keep saving up
Who is this deal perfect for?
1) Anyone who wants to get into the condo market but does not have money today for a down payment.
If you are sick and tired of seeing prices increase year after year while you sit on the sidelines scraping and trying to scratch together a down payment, this is a perfect way to get into the market
2) Parents who want to help their kids get into home ownership.
Many parents with kids in the 16-30 age bracket are paying the initial $2500 then the kid pays the $500/month.
It’s a great way to teach your kids about saving, investing, the importance of home ownership, and really it’s a forced savings plan where you make sure that if your child does have a job they are putting a few hundred away every month into an investment that will grow and that is a place they can actually live in and enjoy in a 4 years time. Or, if their life situation changes, they rent it out as a first investment property.
When the building is completed, the kid gets the TTC pass to get to and from work and the parents get to go on the vacation somewhere HOT and SUNNY!
Who is this deal NOT for?
1) Anyone looking for a condo with a view of the water.
This promotion is only available for the non-water facing units. They are looking away from the water, however, you still are living on the waterfront, you still have access to all the incredible amenities of this building (easily the most extensive amenity set of anything on the waterfront in Toronto)
For more information, or if you would like reserve a unit under this promotion, please respond to this email or call me at 416-371-2333.
Andrew la Fleur
Your Trusted Condo Expert For Life
Sales Representative – Remax Condos Plus