Did you know that Options returns a portion of the construction surplus back to their purchasers in the form of a rebate cheque? What other developer does that? This past Saturday, July 16th, owners at our Cranbrooke Village condo development attended a Rooftop BBQ where they were surprised with a rebate cheque, totalling, on average $1,278.
Options staff members welcomed guest to a beautiful rooftop terrace (which overlooked the Toronto skyline) and were handed a ketchup or mustard bottle and told to open them. Instead of finding condiment inside to accompany their burgers and hot dogs, they found their cheque!
We want to thank everyone that came to the Cranbrooke Village Rooftop BBQ and those on the board who helped to organize the event. We also want to thank Councillor Josh Colle for his ongoing support through every phase of development.
From left to right: Councillor Josh Colle; Options founder MIke Labbe; Options CEO Heather Tremain
Fun was had by all and according to Cranbrooke homeowner Karen Wallace, "The social gatherings are my favourite moments with Options. It's a great place to live and today was such a nice surprise to catch up with neighbours and receive our rebate cheques."
If you're already an Options owner, don't forget to tell your friends about us for a chance to receive a $200 referral bonus. If you're not already a purchaser - what are you waiting for?!
For more information, visit OptionsforHomes.ca or call us at 416-867-1501.
To view the rest of the photos from the Cranbrooke Rooftop BBQ, please visit our Facebook album here.
Creating communities, getting people into affordable home
ownership and developing the best condos for our purchasers are things that we
are passionate about; when we found out that Options for Homes was nominated
by Now Toronto Magazine readers for the 2016 Readers’ Choice Award for Best
Condo Developer, we were thrilled!
This is a tremendous honour for all Options staff, partners,
purchasers and friends of the Options model.
Did you know that NOW has received over 20,000 nominations in 180 categories
this year and Options is among the top 9 in our category?
We want to thank everyone who nominated us in this category.
But we need your votes! Let’s show NOW Magazine readers that we ARE the best
condo developer in Toronto and that affordable home ownership IS possible in
this city! The deadline to vote is Friday,
September 16th.
Parents always want more
for their children, so when Cheryl and her husband had the opportunity to settle
in Canada, they applied for immigration papers.
With her husband working
in the Oil and Gas industry, Cheryl and her family had moved around quite a bit
from India and lived in the Middle East. They had even spent time in Southeast
Asia before settling in Toronto.
Moving to Canada was an
exciting new chapter for Cheryl, but it was difficult. Not having any Canadian
experience made it challenging to find a job. To top it off, they were unable
to purchase their own home because they did not have any history with any Canadian
banks. Cheryl wanted to improve the lives of her family and decided to go back
to school to secure better employment opportunities.
Just when things appeared
to be getting better, the worst happened. Cheryl’s husband was diagnosed with
cancer and passed away suddenly. She never imagined that the very first piece of
property that she would purchase in Canada would be at the cemetery. But like
every storm, the sun eventually comes out and Cheryl first caught a glimpse of
it when she saw an advertisement for Options for Homes on the subway. She
decided to call and inquire if she was really able to become a homeowner on a
moderate income with two young children.
Cheryl is now enjoying
the security of home ownership, along with an amazing view at the beautiful
Cranbrooke Village condominium, located at Bathurst Street and Lawrence Avenue
West. Her dream came true, as it has for many people, thanks to Options for Homes’ unique model, which provides down payment assistance in addition
to offering the lowest priced condos in the Greater Toronto Area (GTA).
How does Options for Homes do it?
Options offers purchasers
a loan as a boost to their down payment based on the value of their condo
(normally taken by developers as a profit). This Options
Contribution reduces the amount for
which a purchaser needs to secure a mortgage from a traditional lender. The
Options Contribution is also payment-free as long as they live in their home.
In this way, Options has been able to help over 2,500 individuals and families
across the GTA over the past 21 years, securing cost-effective condos without
any ongoing government support and no minimum income restrictions on ownership.
Options communities therefore are a healthy mix of people from all walks of
life with a broad range of incomes. The key ingredient to the success of their
condominium communities is that 90% or more of Options units are owner-occupied
which means that the community enjoys the benefits of superior civic engagement
and pride of ownership.
What is an Affordable Condominium?
It’s a high quality
condominium that simply does not include pricey amenities like pools and gyms.
It’s also a condo that is sold without expensive marketing campaigns that often
add over $15,000 to the price of the unit. By including things like solar
hot water heating and a car-sharing
program in every development,
Options also ensures that the carrying costs are among the lowest in the city.
Why support the home ownership dream?
Options believes that
access to home ownership helps address the larger issue of income inequality in
Canada – a growing problem in our society. Additionally, home ownership provides
a stable base from which to raise a family, find and keep work and achieve
educational goals. Homeownership also creates better community engagement and
preservation of wealth through the maintenance of personal and public
investments and also helps families move themselves from multi-generational
dependency on social housing.
