Jason R. Johnson: One Cole: The Revitalization of Regent Park

Located at the intersection of Dundas and Parliament, One Cole is really unlike any other condo in the city. One Cole's aim is to revitalize Regent Park. Regent Park was Canada’s largest social housing project, built back in the 1940s. At the time it was heralded as a solution to the area’s many urban and social problems, but 60 years later it is widely regarded as a failure and probably exasperated the social problems it was trying to address.

One Cole is nearly finished construction with occupancy set for the end of this year. Unlike most condo projects in the city, One Cole have not started to take sales and they are nearly finished construction.

The VIP broker’s sales event is set for May 30Th, with the public opening June 13Th. Contact me @ info@jasonrjohnson.com now for more information about how you can hire me me as your exclusive buyer’s agent for this event. Baker is limiting agents to just 2 buyer clients each for this event. Floor plans and pricing now available.

One Cole Benefits/ Floor Plans

Gradual Deposit Payment Plan:

Only $3,000 on signing the Agreement of Purchase and Sale, and $1,000 per month until your move-in date, or until 5% of the purchase price has been paid.

If you qualify for a 95% first mortgage your 5% Deposit is all you'll need. Of course, if you have the cash, you may choose a higher Down Payment in order to lower your monthly mortgage payments.

DOWN PAYMENTS & CAPPED MORTGAGE INTEREST RATE

Whether you choose a 5% or 20% Down Payment, or anything in between, rest assured that Daniel's and The Royal Bank of Canada (RBC) have capped your mortgage interest rate at an incredibly low level. For example, if you choose a five year term your interest rate is guaranteed to be no higher than 4.2%. And remember, if interest rates continue to decrease you benefit from an even lower rate!

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