DuEast Condos – Daniels – Regent Park
DuEast Condos by Daniels is a new condo for sale in pre-construction. It’s located on Sumach St, Toronto, at the corner of Sumach St & Dundas St W in Regent Park. The building will be 29-storeys with roughly 300 units. Prices will start in the high $200s in around $700psf and only a 10% deposit is required. Platinum sales on now. Fill out the form below to request floor plans, prices and unit reservation form.
PLATINUM SALES EVENT ON OCT 14TH, 2017
In order to be part of the one day PLATINUM SALES EVENT you must submit a unit reservation. The reservation form along with the plans and prices can be accessed by filling out the form below. Deadline to submit unit reservations is Monday, October 9th at 5pm.
Key Highlights of DuEast Condos:
- Only 10% Deposit
- Starting in the high $200s average around $700psf
- Vibrant area and close to downtown
- Daniels award winning build quality
- First time homeowner boost. Qualified buyers can get an interest free loan of 10%
DuEast Condos Building Features
As the sun rises in the east, so does a brand new condominium in one of Toronto’s most desirable and fastest growing neighbourhoods. Situated at the corner of Sumach and Dundas Streets, in the heart of the award-winning Regent Park revitalization, this new, 29 storey landmark residence will feature studio to three bedroom suite designs, outstanding resident amenities and a location that’s surrounded by a 6-acre park, aquatic centre, 2.8-acre athletic grounds, schools, shopping, dining, and easy transit options.
Building Amenities at DuEast Condos
DuEast Condominiums will offer an enviable array of resident-only amenities. Beauty and functionality will characterize the lobby, from which a 24-hour concierge will provide security and convenience. On the third floor, the Compass Club will be the destination for those who want to stretch, do yoga, work their cardio, or engage in strength training and crossfit. To ensure the best scenario for active residents, Daniels enlisted the help of a fitness consultant in designing the various areas, which will include the latest and greatest in equipment and furnishings. There will also be a recreation coordinator, offering a variety of fitness classes and programming for children and adults.
Children will also enjoy what the third floor has to offer, especially the Kids’ Zone. In this innovative centre, young ones can work off energy in the “active” room and on the high/low play structures. For more restful times, they can nestle into padded kiddie corners or the library/reading nook for learning oriented activities. Again, to maximize the use of this amenity area, Daniels went to the experts – parents – to ask what kids need and want the most. The Kids’ Zone is sure to be a favourite spot for families during rainy days and winter months.
Then it’s up to the fourth floor, where residents can host get-togethers in the party room or relax in the indoor and outdoor lounges. They can also exercise their green thumbs in the large potting shed, where plants can be started for future balcony gardening. The condominium will even have outdoor terraces and a green roof.
Taking the concept of condominium amenities to a whole new level, DuEast will be home to a unique co-working space, complete with a convenient coffee bar. This area will be ideal for those who have the flexibility to work from home, but find they are more productive in a communal setting. It’s like having the best of both workday worlds.
The innovation does not stop there. DuEast will be bordered by an inviting “Living Lane.” This thoughtfully designed, landscaped laneway will be dotted with trees, benches, bike parking and bistro string lighting extending from each side. Also along the Living Lane will be live-work units and a shared bike repair area for DuEast residents.
Local Amenties near DuEast Condos
Local amenities are literally within steps of this new residence, ready to satisfy the recreational, educational, cultural and entertainment needs of Toronto’s diverse population. There’s always something to do for residents of all ages in this incredible neighbourhood.
And incredible, it is. Take multi award-winning Daniels Spectrum, widely known as Regent Park’s cultural hub. This fully accessible facility features indoor and outdoor performance spaces and offices where local artists, musicians and arts-based/community-focused organizations thrive. Each year, hundreds of events that are held at this striking venue attract thousands of visitors.
Residents who like to keep active will find an amazing variety of possibilities for exercising and having fun in Regent Park – home to a 6-acre community park on Dundas Street. This area offers a playground, splash pad, dog off-leash area, multi-purpose green space, greenhouse, bake oven, plaza for community events, walkways and beautiful landscaping. Water lovers flock to the local Aquatic Centre with its 6-lane lap pool, waterslide, bubble benches, children’s play pool and much more.
Making another splash on the scene is the 2.8-acre Regent Park Athletic Grounds that opened last year. Here, residents can take advantage of an ice rink, a running track, basketball court, field house and artificial turf soccer/cricket pitch. There is also a new community centre in Regent Park, adjacent to Nelson Mandela Park Public School. It features recreational facilities, as well as an employment centre, child care centre, and direct connections to the school.
First Time Home Buyer Home Boost
If you do not own a home and are currently renting, you may qualify for Daniels’ First Home BOOST — the most powerful homeownership program ever created. This innovative down payment program provides an INTEREST-FREE and PAYMENTFREE loan for an additional 10% of the purchase price. This program will reduce your mortgage by 10% of the purchase price, which means lower monthly carrying costs — and the most attractive opportunity to get into homeownership in the city.
BOOST your chances of owning a home in Toronto’s Downtown East by BOOSTING your down payment by 10%…interest and payment free!
- The BOOST 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 FREE and 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 DuEast Condominiums must be your sole and principal residence
- Your annual household income does not exceed $90,500
- 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 $250,000 where a 10% second mortgage was obtained and the resale price was $300,000, the repayment would be the original 10% ($25,000) plus 10% of the $50,000 increase value, which would equal $5,000 for a total repayment of $30,000
- If you sell your home within the 20 year period, but experience a capital loss, repayment of the loan is waived provided it sold at fair value and the sale is an arm’s length transaction
- 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
Next Steps To Own
Occupancy Commencing SPRING 2020
Developer THE DANIELS CORPORATION
Architect CORE ARCHITECTS
Interior Designer MASON STUDIO
Number of Storeys 29
Number of Units 310
Suite Range 393 – 1067 SQ.FT
Starting From $299,900
Location SUMACH ST
Projects by The Daniels Corporation:
The Logan Residences Condos, Lighthouse East Tower, Lighthouse West Tower, Lighthouse Alumni Collection, 130 QQE Office Condos, The Wyatt Condos Regent Park, Daniels Waterfront – City of the Arts, Daniels City Centre The Wesley Tower Condos, DuEast Condos
Disclaimer: DuEast Condos prices, occupancy, specifications, and availability subject to change without notice. Maintenance fees and taxes are approximations/estimations only and are finalized on condominium registration. All illustrations are artist’s concept. E. & O.E. Concepts subject to change without notice.