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Can You Get 400% ROI From Investing In Toronto Condos?

Originally posted on: March 28, 2015
Last updated on: June 15, 2016
Filed under: condo investment investment financials toronto condos new condos real estate investment roi condo deals pre-construction condos

ART SHOPPE CONDOS RELEASED - BREATHTAKING RENDERINGS

Originally posted on: February 18, 2015
Last updated on: February 18, 2015
Filed under: art shoppe condos midtown condos midtown yonge and eglinton yonge and eglinton condos new condos toronto condos art shoppe art shoppe condo

Hold your breath Yonge and Eglinton buyers. Art Shoppe Condos is coming to midtown

Originally posted on: February 6, 2015
Last updated on: February 18, 2015
Filed under: art shoppe condos midtown condos midtown yonge and eglinton yonge and eglinton condos new condos toronto condos art shoppe art shoppe condo

Our 5 Favourite New Toronto Condo Developments Of 2014

Originally posted on: January 29, 2015
Last updated on: January 29, 2015
Filed under: monde condos new condos toronto condos condos toronto condo yc condos 50 wellesley alter condos code condos forest hill yonge college yonge wellesley east bayfront waterfront condos toronto waterfront

Seasons Greetings | Merry Christmas & Happy New Year

Originally posted on: December 25, 2014
Last updated on: December 31, 2014
Filed under: 2015 new year 2015 year christmas merry christmas love joy gift giving seasons greetings thank you holiday holiday season grateful best wishes

Home in Peel Affordable Ownership Program

August 31, 2013 - Updated: August 31, 2013

Home in Peel Affordable Ownership Program


Almost everyone dreams of owning their own home. To have a place that is your own, to put a nail in the wall without having to worry about a landlord.
 
Unfortunately, this dream is out of reach for many young families; the biggest hurdle to home ownership is coming up with the down payment. 
 
Thanks to the Home in Peel Affordable Ownership Program, owning a home isn’t out of reach anymore. Buying a house is the biggest decision a family will have to make so it is nice to know that there are programs out there to help make this goal more achievable.
 
The ownership program is available within the Peel region, which includes Brampton, Caledon and Mississauga, and it provides a loan of up to $15,000 for the down payment of a single family home. 
 
As you can expect, this is an extremely popular program and therefore all of the grants for 2012 were filled out quickly. Good news is that this program is now open and participants are being selected on a first-come, first-serve basis. Potential homers can now apply for their chance to be approved for this program.
 
To be eligible for this program you have to have a household income of $80,000 or less and the purchase price of the house should not exceed $295,000.
 
It is also important to know that this program is strictly for potential owners who are looking to buy a home as their principal residence. 
 
The program is also flexible that participants are able to purchase all types of housing units including:
Resale detached homes
Semi-detached
Town homes (condominium or freehold) stacked homes
Row homes
High-rise condominium units
 
Falling in love with your potential home will be important because participants who are accepted will have to live in their home for 20 years. After the 20-year period the loan from the program is automatically forgiven.
 
If the property is sold before the 20-year deadline, the participant will have to pay back the capital loan and 5% of the appreciation.
 
This program gives people the flexibility to not only own their own home but also build equity into their lives. Anyone who is interesting in becoming a homeowner definitely needs to investigate this program.
 
Click here for more info on this program & for the application form click here.

If you are interested in applying please contact me as soon as possible to get yourself pre-approved. We are here to help!!!
 

Tagged with: peel home ownership affordability real estate down payment condos home house
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