It’s not often you stumble across an incentive program that will literally hand you plane tickets to one of the world’s most sought-after destinations. Tower Hill Development is stepping up its game for purchasers and investors alike with their latest “Fly Where You Buy” promotion for 2221 Yonge Condos in Toronto, which is based around the project’s floorplans.
Translation: each floorplan is named after a variety of far-flung locations — from the one-bedroom London to the 1.5 bedroom Sydney. Other layouts go by the names Paris, New York, Athens, Rome and Tokyo. And that doesn’t even cover all of them.
So when you decide on your favourite suite layout, imagine yourself boarding a plane to that location. This rare perk (hello, summer vacation) has also been broken down into two options. The first is catered toward investors, where they can purchase with a 10 per cent deposit and take part in a two-year rental leaseback program in addition to the travel incentive. The second is for end-users who can buy with a 10 per cent deposit and receive one-year of free maintenance.
Check out the chart below for a breakdown of the first option:
In other words, the leaseback program offers security since Tower Hill will take care of suite rental for a two-year period. This means the purchaser is guaranteed a positive cash flow and will also build equity through mortgage payments.
The 56-storey residential tower will soon rise in Toronto’s Yonge and Eglinton neighbourhood. Aside from being nearby a wealth of shops and restaurants, the condo will house plenty of amenities of its own. Residents can spend time in the glass-walled lounge overlooking the large terrace before visiting the media room or state-of-the-art fitness centre. There will also be a luxe spa with a cascading water feature and a rooftop sky lounge.
Prices for available suites start from the low $300,000s and units range in size from 423 to 707 square feet.
For more information call 647 350 2221 or email firstname.lastname@example.org