On January 30th 2013, Stoney Creek based developer Homes by DeSantis will be introduced an unprecedented “$10,000 Any Way You Like It” Program in Beamsville Ontario, making first time home buying more affordable. The program will give homebuyers a choice of how they’d like to use $10,000 when purchasing a Freehold Townhome at Lincoln Square in Beamsville, Ontario.
“The “$10,000 Any Way You Like It” Program is designed to help more first time buyers get into the real estate market and purchase that first home to start building equity,” explains Gabriel DeSantis, President of Homes by DeSantis. “Homebuyers can choose from our many different savings programs. We’re letting the homebuyer decide which saving program works for them.”
Homes by DeSantis is also offering a Flexible Deposit Program that allows the home buyer to stretch out smaller payments over a longer period of time, allowing more time to save for each payment.
These two programs mean that payments on a Freehold Townhome at Lincoln Square would amount to just $615.26 bi-weekly. This amount includes principal, interest and applicable insurance and is based on a 5 year, fixed rate at 3.99%, amortized over 25 years with a 5% total deposit. With a larger deposit of 20% Home owners can avoid paying mortgage insurance and could enjoy bi-weekly payments as low as $504.25!
This community is located in the heart of downtown Beamsville and includes a 46,000 sq. ft. community centre and 12,000 sq. ft. library — both slated for completion in 2013. Lincoln Square is located within walking distance to schools, shopping and conservation areas; its location two minutes from the QEW makes it a short commute to the GTA, Niagara Region and border.
Lincoln Square’s Executive Freehold Townhomes are available in two-storey and split level designs starting at $249,900 for 1530 sq. ft. plans. All models feature nine foot ceilings, second floor laundry, open concept living spaces, smart home technology and three bedroom plans.
First occupancies at Lincoln Square are expected in Fall 2013.
The Lincoln Square Sale Centre is located at the intersection of Ontario & May Street in Beamsville (on Serena Drive).