Q: How can I reserve a new 325 Park East condominium and when will I have to make payments with respect to my purchase?
A: If you are not yet ready to write a formal Offer to Purchase, you can place a temporary, short-term reservation on the condominium townhome of your choice (subject to availability), by meeting with our sales representatives and completing a Reservation Form together with a refundable deposit of $2,000. This deposit may then be directly applied to the Offer to Purchase, along with the remainder of the required deposit. The balance of your purchase price will be due just prior to occupancy. Please note that during our launch, appointments to make reserves will be made on a first-come, first-serve basis as per our priority registration list and those registrants will be contacted by our sales team.
Q: What are the advantages of selecting my townhome early, and are 325 Park East Condominiums purchase prices going to increase after construction is complete?
A: There are many advantages to selecting your condominium home early. For example, you may want to obtain a particular exposure and location within the development itself. It is also easier to customize and select materials and products when you are involved with the project at an early stage. Perhaps most importantly, you will be purchasing your 325 Park East Condo home at the lowest possible price. Park East Condos’ pricing will increase early in the construction period and continue to do so as various phases are completed.
Q: Is the GST included in the purchase price?
A: Yes. The net GST is included in the stated Purchase Price. The Purchase Price includes 5% GST net of the GST New Housing Rebate allowable. The Purchaser assigns the GST New Housing Rebate to the Vendor at time of closing. To be eligible for the GST Rebate, the Purchaser, or a member of the Purchaser’s immediate family, will on closing occupy the unit as his/her primary place of residence.
Q: What are my real estate taxes likely to cost at 325 park East Condominiums?
A: Property taxes are to be set by the City of Winnipeg which does not confirm amounts until a later time. These taxes will be dependent on the size and purchase price of the unit.
Q: When will your display suite be ready?
A:Our display suites are currently open for viewing Tuesdays & Thursdays from 2 – 7PM and Saturday & Sundays from 12 – 5 PM. We have 5 display suites total showcasing all of our floorplans.
Q: Who will be selling this project, and how can I contact them?
A: 325 Park East is sold out of our sales office at #116 – 325 Park East Drive. Contact Myles Viklund, Derrick Li & Averie Hill at 204.793.1000 or firstname.lastname@example.org.