Tuesday, 19 July 2016

A $1238 bottle of ketchup delights Cranbrooke owners at Options BBQ

Did you know that Options returns a portion of the construction surplus back to their purchasers in the form of a rebate cheque? What other developer does that? This past Saturday, July 16th, owners at our Cranbrooke Village condo development attended a Rooftop BBQ where they were surprised with a rebate cheque, totalling, on average $1,278.

Options staff members welcomed guest to a beautiful rooftop terrace (which overlooked the Toronto skyline) and were handed a ketchup or mustard bottle and told to open them. Instead of finding condiment inside to accompany their burgers and hot dogs, they found their cheque!

We want to thank everyone that came to the Cranbrooke Village Rooftop BBQ and those on the board who helped to organize the event. We also want to thank Councillor Josh Colle for his ongoing support through every phase of development.

From left to right: Councillor Josh Colle; Options founder MIke Labbe; Options CEO Heather Tremain
Fun was had by all and according to Cranbrooke homeowner Karen Wallace, "The social gatherings are my favourite moments with Options. It's a great place to live and today was such a nice surprise to catch up with neighbours and receive our rebate cheques."

If you're already an Options owner, don't forget to tell your friends about us for a chance to receive a $200 referral bonus. If you're not already a purchaser - what are you waiting for?!

For more information, visit OptionsforHomes.ca or call us at 416-867-1501.

To view the rest of the photos from the Cranbrooke Rooftop BBQ, please visit our Facebook album here.

Wednesday, 13 July 2016

Options Nominated for a NOW 2016 Readers' Choice Award

Creating communities, getting people into affordable home ownership and developing the best condos for our purchasers are things that we are passionate about; when we found out that Options for Homes was nominated by Now Toronto Magazine readers for the 2016 Readers’ Choice Award for Best Condo Developer, we were thrilled! 

This is a tremendous honour for all Options staff, partners, purchasers and friends of the Options model. Did you know that NOW has received over 20,000 nominations in 180 categories this year and Options is among the top 9 in our category?

We want to thank everyone who nominated us in this category. But we need your votes! Let’s show NOW Magazine readers that we ARE the best condo developer in Toronto and that affordable home ownership IS possible in this city! The deadline to vote is Friday, September 16th.

Tuesday, 5 July 2016

Homeowner Profile: Cheryl

Parents always want more for their children, so when Cheryl and her husband had the opportunity to settle in Canada, they applied for immigration papers.

With her husband working in the Oil and Gas industry, Cheryl and her family had moved around quite a bit from India and lived in the Middle East. They had even spent time in Southeast Asia before settling in Toronto.

Moving to Canada was an exciting new chapter for Cheryl, but it was difficult. Not having any Canadian experience made it challenging to find a job. To top it off, they were unable to purchase their own home because they did not have any history with any Canadian banks. Cheryl wanted to improve the lives of her family and decided to go back to school to secure better employment opportunities.

Just when things appeared to be getting better, the worst happened. Cheryl’s husband was diagnosed with cancer and passed away suddenly. She never imagined that the very first piece of property that she would purchase in Canada would be at the cemetery. But like every storm, the sun eventually comes out and Cheryl first caught a glimpse of it when she saw an advertisement for Options for Homes on the subway. She decided to call and inquire if she was really able to become a homeowner on a moderate income with two young children.

Cheryl is now enjoying the security of home ownership, along with an amazing view at the beautiful Cranbrooke Village condominium, located at Bathurst Street and Lawrence Avenue West. Her dream came true, as it has for many people, thanks to Options for Homes’ unique model, which provides down payment assistance in addition to offering the lowest priced condos in the Greater Toronto Area (GTA).

How does Options for Homes do it?
Options offers purchasers a loan as a boost to their down payment based on the value of their condo (normally taken by developers as a profit). This Options Contribution reduces the amount for which a purchaser needs to secure a mortgage from a traditional lender. The Options Contribution is also payment-free as long as they live in their home. In this way, Options has been able to help over 2,500 individuals and families across the GTA over the past 21 years, securing cost-effective condos without any ongoing government support and no minimum income restrictions on ownership. Options communities therefore are a healthy mix of people from all walks of life with a broad range of incomes. The key ingredient to the success of their condominium communities is that 90% or more of Options units are owner-occupied which means that the community enjoys the benefits of superior civic engagement and pride of ownership.

What is an Affordable Condominium?
It’s a high quality condominium that simply does not include pricey amenities like pools and gyms. It’s also a condo that is sold without expensive marketing campaigns that often add over $15,000 to the price of the unit. By including things like solar hot water heating and a car-sharing program in every development, Options also ensures that the carrying costs are among the lowest in the city.

Why support the home ownership dream?

Options believes that access to home ownership helps address the larger issue of income inequality in Canada – a growing problem in our society. Additionally, home ownership provides a stable base from which to raise a family, find and keep work and achieve educational goals. Homeownership also creates better community engagement and preservation of wealth through the maintenance of personal and public investments and also helps families move themselves from multi-generational dependency on social housing.

Monday, 20 June 2016

Jasper Condos: Live. Work. Play.

When you’re looking into purchasing your own home, there are a number of questions you ask yourself. Can I afford it? Where is it located? Is it close to public transit? How will I get to work? Are there parks and restaurants nearby?

Providing affordable home ownership opportunities near public transit is important to us. While commuters depend on the GO train to travel to downtown Toronto and Mississauga, the station’s lot is often at over capacity given the demand for parking. The solution to finding affordable housing and relief to your parking woes might be Jasper Condos in Milton.

Live. Milton is one of Canada’s fastest growing communities. Located in the beautiful Niagara Escarpment, Jasper Condos is a new 11-story development that makes affordable home ownership possible for first-time home buyers. Being located so close to the GO station, you can enjoy its small town charm, while having easy access to Toronto and Mississauga. You’ll also have access to a wide range of cultural spaces, conservation parks and other recreational spaces.

Work. Since Jasper Condos is walking distance to the Milton GO station, you’re able to enjoy a bit more sleep, instead of waking up at the crack of dawn and beat the morning rush of drivers, all fighting for a parking spot. You also don’t have to worry about the traffic on the way home and can get home sooner for dinner.

Play. Hike the Bruce Trail, a renowned 885 km trail that passes through central and southern Ontario or enjoy conservation areas such as Crawford Lake and Mount Nemo. Milton also provides facilities such as the Sports Centre, Leisure Centre, Milton Centre for the Arts and the Milton Room Showcase art gallery. Other local amenities include a golf course and shops and restaurants on Main Street.

For more information about Jasper Condos, visit: http://optionsforhomes.ca/milton/.

Thursday, 16 June 2016

Location and affordability: the best of both worlds

When people talk about purchasing their own home, one thing that you often hear is location, location, location! The second thing is affordability. That certainly was the case when firefighter and Options purchaser Jason Arias (who was recently featured in the Globe and Mail – read the full article here) was looking into buying a condo that he could afford, but was also close to his daughter Emese’s school.


With only $30,000 saved for his down payment, Jason had his doubts about becoming a homeowner. It seemed like it wasn’t possible, but thanks to the $42,000 Options down payment support (something that he doesn’t have to pay back until he sells his home), his dream became a reality! Jason is now a proud owner of a two-bedroom unit at a building called Cranbrooke Village, which is conveniently located near his daughter’s school.

It’s been exciting being part of Jason’s home ownership journey! There is often a misconception that affordable housing means government subsidized housing. That is not the case. Jason has enjoyed decorating and designing his home. Everything from the flooring to the furnishing has a touch of his personality.

Other cities such as Vancouver have been inspired by Options’ Affordable Housing Model and is using a similar model as a solution to their struggles with housing affordability. To read the entire article about Jason, click here.

If you’re curious about home ownership and want to know more, register for the next free info session here: http://optionsforhomes.ca/register

Thursday, 9 June 2016

Open House THIS Saturday: Prizes, Treats and a SIGNING BONUS!

Join Options for Homes for a special Open House at the Jasper Condos Sales Office in the beautiful Niagara Escarpment community of Milton.  

Located on Main Street near Thompson Road, Jasper Condos is a new 116-suite condo community to be built next door to the Milton GO station. With the convenience of being five minutes from the shops and restaurants that line Main, as well as being easily accessible to the 401, 407 and the Bruce Trail, this location is ideal for both work and play.

On June 11, The Move 93.5FM will be broadcasting live and offering prizes to be won. In addition to cake and refreshments, the first 10 purchasers will win a Presto Card worth 6 months of FREE GO travel (estimated at one round-trip from Milton to Toronto, 5 days per week for 6 months).

Date:                     Saturday, June 11, 2016
Time:                    12PM (Noon) - 5:30PM
Location:             1234 Main Street East, Milton

Wednesday, 8 June 2016

Construction has started at Danforth Village Estates!

This past Saturday, future homeowners and Options partners and staff gathered at Knob Hill Park in Scarborough to fly kites, picnic, and celebrate the start of construction at Danforth Village Estates.

Danforth Village Estates Purchasers and Options Partners celebrate construction start!  See more photos on Facebook

Future homeowners were welcomed to the event by their soon-to-be Councillor, Deputy Mayor Glenn de Baeremaeker, as well as heard speeches from Options CEO Heather Tremain, and their Development Co-op Board: President Christine Swiderski, Vice President Rita Monsma, Treasurer Ricardo Cummings, and Secretary Diahann Mahon.

From left to right: Councillor Glenn de Baeremaeker; Board Secretary, Diahann Mahon; Options for Homes CEO, Heather Tremain; Board Treasurer, Ricardo Cummings; Board President, Christine Swiderski.

Following the formal address, food, kite-building, and out-side-of-the-fence construction site tours ensued!

It was a beautiful day, and a great time was had by all.  Congratulations to all the future homeowners at Danforth Village Estates!

Now over 85% sold, Danforth Village Estates will be a new 250-suite condo community near Danforth Road and Eglinton Avenue East.  For information on remaining suites, join us for the next FREE Info Session!  Register at www.optionsforhomes.ca