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new homes

Daniel’s FirstHome is coming to Brampton – SOLD OUT

March 2, 2010 · 18 comments

Daniel's FirstHome Brampton

** July 18, 2010 – UPDATE: This community has now been SOLD OUT**

Brampton Real Estate Update

As the Brampton real estate market grows, new subdivisions continue to pop up around the city.  By now, you’ve probably heard that Daniels is set to introduce a new townhouse community in Brampton.  Here is a brief overview of what to expect for this new corner of Brampton and how you can register for the preview.

Where will it be located?
You’ll find this new neighbourhood on Bramalea Rd., just north of Sandalwood Parkway.

What kind of homes will be available for purchase?
150 townhouses will be available in 1 bedroom, 2 bedroom, and 3 bedroom layouts.  The square footage will range from 529 – 1305 square feet.

How much will these homes cost?
Pricing will start at $159,900.  More pricing will be determined soon.  If you would like to be updated on pricing, please leave me a comment at the end of this article.

How much deposit will be required?

  1. $2,500 upon signing the Agreement of Purchase and Sale
  2. An additional $2,500 10 days after purchasing the home
  3. $1,000 each month until you reach 5% of the purchase price

What about HST?
The HST will be included in the price already.

How soon can you move into your home?
Anywhere between 30-90 days of the purchase.

I’m interested in registering, what do I do?
Visit the Daniel’s Registration site.

I’ve heard that lining up for registration is insane!  What’s it like?

If you’re interested in purchasing one of these homes, contact me first to find out more about the process and what it entails!  Always be informed and have sound real estate advice.  In the meantime, check out this video from the recent registrations for Daniel’s FirstHome in Mississauga.

{ 18 comments }

This post has 18 comments
  • Shubhpreet
    Hi Lang, I'm looking for a home in GTA area, I'm looking for a small habitat in under my budget just over 200k. Daniels looking good opportunity. What will be the benefit if i go through you rather I go directly to Daniels.

  • Freddy Vas Rodrigues
    Pl. let me know the cost of two bedroms end condo unit as ent replyrgwell as three bedrom condo unit at the earliest & sent an invitation what is availble with a complete layout to our puchase as comfortable & easy as possible awaiting.Awaiting for your reply.Freddy & Amber.

Do I have to pay HST when buying a home?

January 10, 2010 · 11 comments

HST Tax

One of the most frequent questions I get from clients is about the upcoming Harmonized Sales Tax (HST) and how it will affect the purchase of a home.  Here is the breakdown of the rules:

When does the HST take effect?

July 1, 2010.

How much tax will I be paying in total?

13% (That’s 5% GST + 8% PST).

I’m buying a resale home, so will I have to pay this HST?

Good news!  The answer is NO!  If you’re buying a resale home, you simply pay the purchase price as usual.

I’m thinking of buying a new home from the builder, so will I have to pay this HST?

Ouch, yes you do!

But wait, I heard there is some sort of rebate program in place if I bought a brand new home?

The Province is proposing a rebate so that new homes across all price ranges would receive a 75 per cent rebate of the provincial portion of the single sales tax on the first $400,000. For new homes under $400,000, this would mean, on average, no additional tax amount compared to the current system.

Is there anything else that I would have to pay HST on?

Unfortunately, they’re hitting you everywhere.  You’ll be paying HST on legal fees, moving costs, home inspection fees, and real estate commissions.

Where can I find out the full details of this tax and how it works?

You can read all the exciting details right here.

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This post has 11 comments
  • Adam
    Hello My closing date is on July 24, 2010. However, house agreements of purchase and sale were done back on Aug. 2009. The sale price of the new home is $330,000. Do I have to pay HST?

  • nanette ouimette
    Hi I am very concerned about the hst and now wondering if I have been had I purchsed a home for a price of 450,000 closing date is july 5 2010 the home is 30 yrs old please reply very nervous ....thank you 9 i have already paid in full )