Daniels Unveils The Exciting Sequel To NY Place

NY2 Condominiums continues Toronto’s ONLY Rent-To-Own program at Bayview and Sheppard

In 2011, The Daniels Corporation introduced the most unique homeownership program in Toronto, with their Rent-To-Own Program at the wildly successful NY Place Boutique Condominiums within Daniels’ Award-Winning NY Towers Community at Bayview and Sheppard. The response was overwhelming, and the suites were snapped up in record time! The Rent-To-Own Program was such a phenomenal success that Daniels decided to bring it back this spring with NY2 Condominiums – giving those who did not get an opportunity to buy at NY Place, a second chance to be first! With NY2 Condominiums already under construction and suites starting from the low $200,000s or just $1,489 per month under the Rent-To-Own Program, those who are interested in taking advantage of this innovative homeownership program will want to act quickly – this opportunity will only be available for a limited number of suites and judging by the overwhelming response to date, they are sure to go fast! 

Daniels’ exclusive Rent-To-Own Program offers an easy way for first-time buyers to enter the new home marketplace, and it is the only program of its kind in Toronto today.  “Purchasing a new home is one of the biggest and most exciting decisions you will ever make, and at Daniels, we work hard to create programs that help make the dream of homeownership more attainable”, says Dominic Tompa, Broker of Record for City Life Realty Ltd. “We are really excited about NY2 and the Rent-To-Own Program because it will help make it easier for people to get into homeownership by allowing them to accumulate a significant portion of their down payment while living in their new home. For many this is the extra help they need to be able to enter into the new home market place and realize their dream of homeownership”. 

The Rent-To-Own Program at NY2 has been designed to make purchasing as easy as 1, 2, 3.  Here’s how it works:

 1) Choose a one bedroom, one bedroom plus den or a two-bedroom suite, sign an Agreement of Purchase and Sale and move into your new home starting as early as summer 2014. 

 2) While you are living in your new home, a portion of your monthly payment will be credited towards your down payment. The total amount accumulated will then be applied towards your 5% down payment.

3) After one year, all you will have to do is top off your 5% down payment for your closing… It’s that easy!

In addition to a fantastic Rent-To-Own Program, residents will be able to enjoy fantastic amenities within their new home at NY2, including a Wi-Fi café lounge – perfect for enjoying a coffee or catching up on emails, a fully-equipped and professionally designed fitness room, a roof top party room great for entertaining both indoor and out, and outdoor gardening plots – this outdoor oasis will be the perfect place for residents to get away from everyday life and exercise their green thumbs by planting herbs, flowers and spices.  Plus it will offer 5,000 sq. ft. of retail space on the ground level. NY2 is simply “2 Good 2 Miss!”

As the final condominium in Daniels’ NY Towers Community, NY2 carries Daniels’ long standing tradition of distinctively eclectic architecture in this coveted locale. Situated at the southwest corner of Sheppard Avenue East and Rean Drive, NY2 will inject striking modern lines with its exterior of brick, glass and sleek window design. Over the past decade, Daniels has built over 3,000 homes in this award-winning community and is now home to more than 5,000 residents. Residents will enjoy the serenity of the established surrounding NY Towers community as well as the convenience of being just steps to the TTC, and Bayview Village Shopping Centre – one of the city’s most premier shopping destinations. In addition, Highways 401, 404 and the Don Valley Parkway are just moments away along with entertainment venues, great restaurants, parks and more.

NY2 is being built to Daniels Green Standard, designed to reduce overall energy consumption, conserve materials and resources and provide a healthier indoor air quality. Suites will have outstanding features and finishes including 9-foot ceiling heights, laminate flooring, granite kitchen countertops and stainless steel appliances.

The Daniels Corporation is one of Canada's preeminent builder/developers with a reputation for quality and integrity in all forms of residential construction. Named the Tarion Warranty Corporation's 2012 High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels has built more than 23,000 homes throughout the GTA. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels continually offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.

NY2 is another example of Daniels’ out-of-the-box thinking that makes it possible for people to enter the new home marketplace. And remember, this is your FINAL opportunity to own a brand new home in Daniels’ NY Towers community. For more information on NY2 Condominiums and to learn more about our upcoming Rent-To-Own seminars, REGISTER NOW at ny2condos.com or call 416-221-3939.