Verdé Condos ( Don Mills & Sheppard)
Deposit structure
Initial $5,000 on signing
Balance of 5%/30 days after signing
2nd Deposit 5%/150 days after signing
3rd Deposit 5%/370 days after signing
4th Deposit 5%/540 days after signing
Incentive
Reduced assignment rights at $1000
Right to assign unit upon 95% sales of project and commencement of construction
Normal assignment fee is $5,000
CAP development charges - $9,000 for studios, 1 bed and 1 bed + den
- $11,000 for 2 bed and larger
Discounted purchaser options (applicable units)
Maintenance
TBD
Taxes
Estimated at approx. 1% of purchase price
Occupancy
August 31, 2021
Parking
$49,000 (interior 550 s.f. $ larger)
$49.95 maintenance
Locker
$5,000 (limited availability)
$19.95 maintenance
Initial $5,000 on signing
Balance of 5%/30 days after signing
2nd Deposit 5%/150 days after signing
3rd Deposit 5%/370 days after signing
4th Deposit 5%/540 days after signing
Incentive
Reduced assignment rights at $1000
Right to assign unit upon 95% sales of project and commencement of construction
Normal assignment fee is $5,000
CAP development charges - $9,000 for studios, 1 bed and 1 bed + den
- $11,000 for 2 bed and larger
Discounted purchaser options (applicable units)
Maintenance
TBD
Taxes
Estimated at approx. 1% of purchase price
Occupancy
August 31, 2021
Parking
$49,000 (interior 550 s.f. $ larger)
$49.95 maintenance
Locker
$5,000 (limited availability)
$19.95 maintenance