March 27, 2011
CHAZ on Charles [map] by Edenshaw Homes and 45 Charles Ltd will Grandly Open its sales office on the weekend of April 16th and 17th, and a program unveiled recently – the thoughtful ‘Easy Pay Program’ – will help eager purchasers attain their dream suite in the building.
Here’s how it works: qualified buyers can purchase a suite with a 10 percent deposit and can receive a 10 percent interest-only deposit loan, meaning that, until the lucky purchaser takes occupancy of the suite, all principal payments are deferred. Plus, for the next little while, the only payment purchasers will be making – the interest – will actually be paid by the developer.
Feel that? It’s money in your pocket!
“Coming up with a down payment is often the toughest thing for first-time buyers,” says Jason Fane, President of 45 Charles Ltd. “The Easy Pay program can make all the difference for those who would like to own a home and build equity rather than rent.” Adds David McComb, owner of Edenshaw Homes Limited:
“This program also makes buying more attractive for move-up purchasers and empty-nesters by requiring less equity up front and by taking advantage of pre-construction pricing. Many owners who already live in a condominium and enjoy the carefree lifestyle that comes along with this popular form of home-ownership now have the opportunity to move up to a larger suite economically.”
But what, exactly, will you be buying?
To learn more about the ‘Easy Pay program’ or about the project in general, call 416-922-0045 or visit the CHAZ on Charles website.