Toronto Down payment support Options is a non-profit developer of condominiums. We help people achieve their dream of becoming homeowners by passing along cost-savings and offering down payment support through the Options Down Payment Loan. Since building the first 3 condos in Toronto's Distillery District over 20 years ago, Options has helped 3500 people and their families through our Pay It Forward model.
How Options for Home Toronto Can Boost Your Down Payment
Toronto Down payment support can boost your down payment by 10-15% of the Purchase Price of our suite. The Options Down Payment Loan helps you keep your carrying costs lower by reducing the mortgage amount needed from the bank. This is an optional shared appreciation loan that is payment-free until you sell or rent out your home. All you need to pay is your portion of the down payment, at least 5% of the Purchase Price.
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Toronto Down payment support
The Options Down Payment Loan is available to all purchasers through a partnership with Home Ownership Alternatives, a non-profit organization whose mission is to bring home ownership within reach.
When you sell, or at any time you so choose, you repay the original amount that you borrowed plus its equivalent percentage of any profit you make through the increase in the price of your suite. In other words, if your suite has increased in value by 20%, then the Toronto Down payment support has increased in value by the same percentage.
This is an internationally recognized and award-winning “pay it forward” model that relies on the repaid loans of previous purchasers over the past 20 years. The fund is 100% user generated and does not rely on government assistance for its success. Repaid Toronto Down payment support are then used to help fund new communities and keeps home ownership within reach for others.
Upcoming Communities Toronto Down payment support Toronto Down payment support
The Humber
Weston Village
A new Options development will be located just south of Weston Road and Lawrence Avenue West, a 5-minute walk from the Weston GO and future LRT station. Right on the banks of the Humber River, this condominium is expected to begin selling early 2018!
Get Priority Access to future Options condos like this one and be among the first to see floor plans before it launches to the public!
Carlton Street Condos
Downtown Toronto
Options' Carlton Street Condos will be among the most environmentally-conscious condo communities in Toronto. To be located at the corner of Sherbourne and Carlton in downtown Toronto, this is a car-less condo and will feature a variety of environmentally-friendly features such as solar hot water heating and advanced garbage sorting. The 10 parking spots available will be reserved exclusively for a car sharing.
Get Priority Access to future Options condos like this one and be among the first to see floor plans before it launches to the public!
DISCLAIMER
We believe the information contained in this article to be accurate.It is presented with the understanding that we are not engaged in
rendering legal,accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate
broker, lawyer, accountant, or other consultant as may be required.
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