by Options for Homes
by Options for Homes
REGISTER FOR VIP ACCESS!
Introducing, The Humber, a project with just over 200 units by Options for Homes. The developer is currently offering some great investment incentives such as a 5% Down Payment (end-users only). Details and additional incentives below!
The Humber is located at Weston Rd and Lawrence Ave W, with the standard urban conveniences at your doorstep, as well as being close to the Weston GO station, allowing you access to the downtown core in just minutes. The Humber is also close to York University, the 401 and other Major Highways and it’s just steps to Toronto’s Yorkville Mall. This area has access to everything you could want.
Why The Humber?
5% DOWN PAYMENT
The Humber is hitting the market at a great price-point, and it is also an incredible opportunity to purchase a brand new home overlooking the Humber River with only a 5% Down Payment! (end-users only)
Located only a 6-minute walk from the Weston GO Station, you will have access to both the GO train & the GO bus – allowing you fast access to Union Station in just 15 Minutes, access to Bloor West in just 4-minutes, and access to Pearson International Airport in just 12 minutes.
EGLINTON CROSSTOWN LRT
The Humber is also located just 5 minutes from a stop along the upcoming Eglinton Crosstown LRT, which will feature 25 stations along 19 km. Decreasing your travel time by 60%!
The Humber is also just a 12-Minute Drive (or 6 Subway Stops) to York University — Canada’s second-largest university. Home to 53,000 students & 7,000 faculty.
The Humber is only 10 Minutes from Yorkdale Shopping Centre totaling 270 retailers and is home to Canada’s largest collection of luxury brands; and the Yorkville GO station.
Developer: Options for Homes
Address: 10 Wilby Cr, Toronto
Nearest Intersection: Weston Rd & Lawrence Ave W
Pricing: Anticipated To Start From Low $500’s
Occupancy: Anticipated For 2022
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: TBA
Incentives: 5% Down Payment (end-users only), VIP Pricing & First Access to the Best Availability, Capped Development Levies, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer
Building Amenities: Social Lounge, Party Room with Kitchen, Rooftop Terrace, Outdoor Patio with BBQs, Greenspace at Hickory Tree Road on west side of the building & more
Frequently Asked Questions about Humber Condos
How do I reserve a unit in this project?
The first step is to register for Platinum access. Once the project is launched we’ll be in-touch straight away with an email that will have everything you need from the floorplans to the price list. Once you’ve had an opportunity to review and you know which unit(s) you’re interested in, get in touch and we’ll provide you with the worksheet and be here every step of the way to your new purchase.
What does Platinum Access mean?
It’s more about the agent than the buyer really. Anyone can get platinum access though a platinum agent! Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Milan Swanston is a top-selling pre-construction broker that holds platinum status with most of Toronto's best residential developers!
How does it benefit me as a buyer to work with CondoSavvy?
Working with CondoSavvy as your platinum brokerage means you get the highest level of access at the lowest possible price. You also get access to the best possible incentives, as well as incentives exclusive to CondoSavvy clients only.
CondoSavvy doesn’t represent the builder. CondoSavvy represents you! You benefit from the team's experience as platinum agents and investors themselves.
CondoSavvy also has a network of mortgage brokers, lawyers, property managers, contractors and HST rebate services to help get you started.
As a buyer, all our services are totally FREE!
How long is the cooling off period? What is the cooling off period for?
Once you sign the contract to purchase your new unit you will have a standard 10 calendar day period (not business days) from the time you sign. This is known as the cooling off period. This period is typically used to have a lawyer look over your agreement (if you so choose) and to get a pre-approval letter for your mortgage.
Do I Need a Lawyer?
You don’t need a lawyer at the moment you sign the agreement, however we recommend you have a qualified lawyer review your agreement of purchase and sale after you sign during your 10-day cooling off period.
If you’re not sure where to get a lawyer that’s qualified - we can help!
Do I need mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of singing.
Getting a mortgage pre-approval is something we can help with too! Get in touch!
Does the price include HST?
If you’re purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
What are the closing costs on my new condo?
Closing costs on a pre-construction condo varies greatly depending on the actual purchase price of the unit, the builder and even the city you’re buying in.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are absolutely no hidden fees when buying a pre-construction condos. All fees must be disclosed in the agreement of purchase and sale. All purchases have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help we can absolutely suggest a number of expert law firms that specialize in Real Estate.
Is it possible to assign my new condo?
Most builders do allow you to sell your unit before the building is complete. This process is called selling by “assignment”. There is usually an assignment fee and a legal fee associated with this kind of sale. Costs can range from $1000 - $7000, depending on the situation. Get in touch for details!