In a Recent Post, we took a look at the challenges of affordable home ownership in Toronto in 2019. When you look at those numbers, it is clear that the Urban Towns at Reunion Crossing are a great choice for many families. But the value here goes far beyond the sticker price. Reunion Crossing has listened carefully to prospective buyers to develop a program that makes homeownership more achievable and sustainable than ever. Reasonable maintenance fees, affordable mortgage payments, and amenities that you won't get in any other low-rise home, and it really is hard to find a better deal anywhere in the city.
The first thing that will get your attention at Reunion Crossing is the price. Starting from the low $700's, our 2 and 3 bedroom Urban Towns offer all the space a family needs at almost $200,000 less than the city average. Your average mortgage payment for a unit at our starting price could be as little as $2,600 a month — which is not much more than the cost of renting an average 1 bedroom apartment.
So the monthly payments sound doable, right?
But what about that HUGE down payment?
We know that coming up with that 20% nest egg can be a real challenge for many of you. That's why, at Reunion Crossing, our flexible deposit structure lets homebuyers lock in today's home prices, while still having approximately 3 years to save your full 20%. You will actually need only $5,000 when you sign, followed by a second deposit in 30 days bringing you to 5%. Then you have 3 full months to save your next 5%, which is due in 120 days after signing. Your next deposit is not due until 540 days after signing, giving you a full 14 months to save your next 5%. Your final 5% is not due until you occupy your new home.
Reunion Crossing goes even further to make those first years of home ownership easier by offering 1 year free maintenance on the Sky Towns and 2 years free maintenance on the Garden Towns. Maintenance fees at Reunion Crossing are an affordable flat-rate regardless of size, and will be set at just $329/month, plus parking and locker maintenance fees. Diamond Kilmer has worked hard to cover your maintenance needs at this highly competitive fee. While it is already more affordable than many condominium and townhome competitors, the free maintenance fee incentives will certainly help in your first years of homeownership.
Still wondering whether you can afford an Urban Town at Reunion Crossing? There is one guaranteed way to find the answer — visit our Presentation Centre today! Our friendly sales staff has great resources for first time homebuyers and they will be happy to give you all the information you need to make the right decision. Make sure to act soon though, because we are now over 75% sold!
If you would like more updates about life in the Reunion Crossing neighbourhood, and access to exclusive offers on these well-priced Urban Towns, make sure to register today!
Natalie Baksh
admin@reunioncrossing.ca
(416)-324-5479
Illustrations are artist’s concept only. Map not to scale. *Prices and specifications are subject to change without notice. See sales representative for details. Brokers protected.
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