A Toronto real estate developer is offering prospective homebuyers a tempting incentive in the hopes of alleviating financial woes. camrost | realestate realestatenews incentives
Those who purchase a one bedroom or a one bedroom plus den will receive $2,500 per month for the first two years after their condo closes, while those who buy a two bedroom or a two bedroom plus den will get $3K per month for 24 months.
“What we decided to do was come up with an incentive to help take a lot of that burden off for the first two years.” Starting at $800K for a one bedroom, sophisticated details will include Italian Trevisana cabinetry, private balconies, and sun-soaked interiors. A fitness auditorium, terrace lounge, and billiards room are just some of the amenities planned for the building.
Meanwhile, in 2030, Castellano expects Toronto’s housing market to have hit another bull run. At that point, with the money in their pocket, Raglan House owners can decide whether they want to continue living in the building, continue renting out their unit, or exit their investment.
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