oceanclubprimary The dreaded down payment is one of the biggest hurdles a future homeowner has to face. It’s typically not the mortgage that keeps people signing monthly rent cheques, but that initial bulk sum.

But right now, condo-hunters hoping to live near the boardwalks and waterfront parks of Humber Bay can take advantage of a new incentive at Ocean Club Waterfront Condos in Etobicoke. 

Purchasers only have to pay 10 per cent down: just a 5 per cent initial deposit, plus another 5 per cent in 90 days, and not another penny until closing. Plus, a capped mortgage rate with a Schedule 1 bank is available for that extra peace of mind.

The resort-style community by Graywood Developments Ltd and Beaverhall Homes is currently under construction at 2157 Lake Shore Blvd. W. Designed by Page + Steele/IBI Group Architects, the 37-storey tower and eight-storey boutique building will feature a bistro at the base of the building with unobstructed lake views as well as other top notch amenities that are too many to list.

Aside from fitness centres, pet grooming rooms, guest suites and private dining room with an outdoor terrace, there’s also one special water feature that will make you feel like you’re on vacation. The indoor saltwater pool comes with a cascading hot tub and a wraparound outdoor deck.

Rising from the lake, the elegant glass tower will be minutes away from High Park, plus an extensive trail system along the Humber River that extends well into 905 country.

Suites start from the low $200,000s.

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For more information contact 416 255 4661 or oceanclub@bakersales.info. 

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