Paintbox Condo (Dundas & Parliament)

The Paintbox Condominiums is the newest project by The Daniels Corporation in Regent Park, Downtown Toronto East.  The project will be a 26-storey building with 283 suites, ranging from 392 square feet to 925 square feet.  Pricing will start in the low $200,000s.  There will be a ground floor cafe, fitness centre, great party room and a spectacular outdoor terrace overlooking the 6 acre park across the street. Paintbox will be connected to the new Arts and Cultural Centre, the newest addition to Toronto's community arts scene.  On the east side of Paintbox will be a new Linear Park with interlock stones, tree lines and the feel of a boulevard

• More than 400 households were relocated to allow for demolition and 187 families have moved into a new home.
• Moving costs are paid by Toronto Community Housing.
• Relocating tenants began in 2005.  Construction began in 2006.
• Phase One includes retail, commercial and community spaces.
• There are 3 new rental buildings, 47 new town homes and 87 new social housing units, that's 405 units in total.
• Tenants started moving into the first rental building in May 2009.
• There are 2 new condominiums in Phase One at One Cole and One Park West, plus 51 market town homes.
• One Cole is complete and sold-out.  One Park West is nearly 100 percent sold and will be fully occupied by summer 2011.
• New national retailers include Tim Hortons, the Royal Bank of Canada and FreshCo by Sobeys.
• The new Regent Park Children and Youth Hub located at 40 Regent Street opened its doors to Parents for Better Beginnings, Regent Park Focus and a daycare centre.

Occupancy - May 2012

1 bedroom from $269k

Incentive to Buyer Parking $16500, Locker 950

Gradual Deposit Payment Plan
$3500 with agreement of purchase and sale
$1000 per month until you reach 5% of the purchase price
5% must be paid by occupancy date

Contact me for more information