OnePark West

At the heart of the largest revitalization of a city core in North America lies a green revolution and an arts and cultural renaissance - Regent Park. In the centre of this vibrant revival of the Downtown East stands OnePark West. This convergence of location and lifestyle reflects not only where you are, but who you are.

Located in the heart of Toronto's Downtown East neighbourhood, between Cabbagetown and The Distillery District, One Park West will be the first condominium on the new six-acre park. Situated in the new RegentPark, One Park Condos will be the second condominium within the largest revitalization of a city core in North America, and one of the most modern and environmentally advanced communities in the world. OnePark West consists of 177 suites ranging from studio to three-bedroom plus den designs.
Residents will benefit from convenient access to Sobeys, Tim Hortons, RBC Royal Bank and Rogers. Residents at OnePark Condos will also enjoy being close to TTC and steps from the new state-of-the-art Aquatic Centre and new 60,000 sq. ft. Arts and Cultural Centre.

OnePark Boutique Condominiums Price List

ONE PARK WESTBUILDING FEATURES

OnePark West is being built to LEED® Gold Certification Standard.
An Executive Concierge welcomes residents and their guests while overseeing the sophisticated building security measures.
The Lobby features lush plant life and a glass-enclosed Wi-Fi enabled cafe. The Treehouse, located on the penthouse level, offers incredible amenities including: The Health and Fitness Studio fully-equipped with the latest in cardio and weight-training equipment.
The Gaming Room featuring a billiards table and cutting edge electronic toys for grown-ups, The Home Theatre provides comfortable theatre style seating with state-of-the-art entertainment equipment, The Sunrise Terrace is an incredible setting to watch the sun rise and The TreeHouse Lounge and Sunset Terrace is an impressive place to unwind, entertain and watch the sun set.

ONEPARK WEST SUITE FEATURES

9' ceiling heights in principal rooms. Laminate flooring in hallway, bedroom(s), living/dining room, den/media, kitchen, foyer and foyer closet. Gourmet kitchens feature contemporary flat slab paneled cabinetry, granite countertop, imported porcelain tile backsplash and stainless steel kitchen appliances including a refrigerator, oven, dishwasher and combination microwave/hood fan. Luxurious bathrooms feature comfort-height cabinetry, a custom designed marble countertop with undermount sink and a deep soaker tub.
Each suite comes with a balcony or patio.

OnePark Townhomes Prices

SPECTACULAR URBAN TOWNHOMES

Located between Cabbagetown and The Distillery District. OnePark West s Urban Townhomes will be situated in the heart of the RegentPark revitalization - the largest revitalization of a city core in North America. and one of the most modem and environmentally advanced communities in the world A limited collection of 51 townhomes range from one bedroom to three bedroom plus family room designs Residents will benefit from convenient access to Sobeys, Tim Hortons. RBC Royal Bank and Rogers Residents will also enjoy being close to TTC and steps from the new state-of-the-art Aquatic Centre and new 60,000 sq ft Arts and Cultural Centre

ONEPARK TOWNHOME FEATURES

All units have been constructed to take advantage of new energy saving technologies to maximize energy efficiency.

9' ceiling heights in single story units and 8' ceiling heights in two-story unit Hardwood flooring in living/dining room and kitchen In single story units and hardwood flooring in living/dining room, family room, bedroom(s) and upper hallway in two-story units Kitchens feature cabinetry. granite countertops and glass backsplash from Daniels' select lines and stainless steel appliances including a refrigerator. oven, dishwasher and combination microwave/hood fan Luxurious bathrooms feature vanity cabinetry from Daniels' select lines, marble countertops with undermount sink and showers and/or tubs. Each suite features an outdoor area.

Deposit and Down Payment

Advantages

5% DEPOSIT

OnePark West is already under construction. As a result you won't need the large Deposits that would be required anywhere else.

All you need is 5% of the purchase price, and we will make this Deposit easy with our Gradual Deposit Payment Plan:

Only $3,500 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.

If you do not own a home and are currently renting you may qualify for Daniels' First Home BOOST- The most powerful first-time buyer program ever created. This innovative Down Payment program provides an INTEREST-FREEand PAYMENT-FREE loan for an additional 10% of the purchase price, turning your 5% deposit into a 15% down payment! This program will allow you to carry a mortgage for only 85% of the purchase price, which means lower monthly carrying costs - and the most attractive opportunity to get into homeownership in the city today!

The Benefit

• The program provides qualified purchasers with a 10% Down Payment assistance in the form of a second mortgage

• The funds are recognized by CMHC

• This is an interest FREEand payment FREE second mortgage

How to Qualify

• You and/or your spouse cannot own a home in Canada, and you must currently be renting

• Your home at OnePark West must be your sole and principal residence

• Your annual household income does not exceed $78,200

• You must be a permanent resident of Canada

• You must be 18 years of age or older

Repayment

• Repayment occurs when you sell your home or when it is no longer your principal residence

• At that time you will repay the original 10% second mortgage plus 10% of the capital appreciation.

As an example - on a purchase price of $200,000 where a 10% second mortgage was obtained and the resale price was $220,000, the repayment would be the original 10%

(20,000) plus 10% of the $20,000 increase value, which would equal $2,000 for a total repayment of $22,000

• If you sell your home within the 20 year period but experience a capital loss, repayment of the loan is waived provided it is sold at fair value and the sale is an arm's

length transaction

• If you own and occupy the home for 20 years the second mortgage is forgiven

• If you would like to repay the loan within 20 years without selling the home, the 10% second mortgage plus 10% of the capital appreciation must be paid

ONE PARK CONDOS FLOOR PLANS 

ONEPARK TOWNHOMES FLOOR PLANS