Closing costs can come as an unpleasant surprise to buyers who are solely focused on the ‘sticker price’ and not taking into account the development charges, land transfer taxes and utility taxes associated with their new purchase.
Purchasers at South Hill on Madison will catch a serious break on closing costs as Burnac is offering to subsidize their condo closing costs in an effort to take some of the sting out of the unanticipated costs.
“Often purchasers don’t anticipate closing costs when buying a condo,” said Ted Burnett, President of Burnac Holdings Limited. “These costs, which commonly amount to upwards of $20,000, can come as a surprise at the time of closing and place unexpected financial pressure on purchasers. Our team wanted to implement a promotion that would ease this burden.”
The limited time incentive program will protect South Hill on Madison purchasers from the majority of closing costs. Burnac will offer to pay the land transfer tax, development/education fees, Tarion enrollment fees and water/gas/hydro metering on behalf of their purchasers.
Sounds pretty appealing, right? And we haven’t even delved into the details of the sought after development yet!
The stately mid-rise project is ideally situated steps from Lower Forest Hill and only a short walk to Yorkville — two highly regarded Toronto neighbourhoods. Thanks to its location, South Hill on Madison residents will enjoy some of Toronto’s best shopping, dining and culture. And, with the Dupont subway station around the corner, reaching the rest of the city will be a breeze.
No aesthetic detail has been overlooked thanks to the design dream team of Northgrave Architects and Boychuk + Fuller. Suites in the 159 unit and six townhome project range from 450 to over 1,000 square feet and include studio, one bedroom, one bedroom plus den, two bedroom and two bedroom plus den layouts.
Gourmet kitchens feature custom-designed, European-style flat panel cabinetry with integrated handles and straight-edged, composite quartz countertops which will be complemented by a porcelain mosaic tile backsplash.
The master ensuites will be just as enticing, according to the developer. The master ensuites will come with every detail, including custom designed vanities with integrated touch-latch drawers, composite quartz counters with under-mount square sinks and deck-mounted, single-lever faucets. Bathrooms will also include low-consumption toilets, pressure balancing shower controls, rain style shower heads and tempered glass partitions.
It will also include design and function flourishes like a wifi-enabled lobby, a fully-equipped gym with steam showers and a rooftop deck with amazing views of the city, including nearby Casa Loma.
Prices at South Hill on Madison start in the mid-$200s to over $1 million.
For more info call 416 966 3737 or email firstname.lastname@example.org.