Daniels First Home Deposit Program

Daniels FirstHome Deposit Program

Discover the Dream of Homeownership

Coming this August to Mississauga, Daniels will introduce the newest addition to their iconic master-planned community – Wesley Tower at Daniels City Centre. Not only will Wesley Tower offer an amazing location, innovative suite layouts and well thought-out functional amenities, but Daniels is going one step further by introducing the most powerful FIRST-TIME BUYER homeownership program in Mississauga today!

If you are a first-time buyer who would like to realize the dream of homeownership, Daniels FirstHome Deposit program* could be just what you need to purchase your first home at Daniels City Centre – Wesley Tower!

With only 10% down, and our Gradual Deposit Payment Plan*, purchasing your first home might be sooner than you think!

Daniels 10% Firsthome™ Deposit Program – Easy as 1…2…3:

  1. You will need to provide a $5,000 deposit upon signing your Agreement of Purchase and Sale – this is your INITIAL DEPOSIT;
  2. 30 days after you sign your Agreement of Purchase and Sale you will top up your Initial Deposit to a total of 5% of the purchase price of the home you have purchased.
  3. 120 days after you sign your Agreement of Purchase and Sale is when Daniels’ Gradual Deposit Payment Plan kicks in. Starting on the 120th day from when you signed your Purchase Agreement, you will provide monthly installments of just $1,000 until you reach 5% of your purchase price or your occupancy date. If by the occupancy date you have not accumulated 5% of your purchase price in deposits (in addition to the initial 5%), then you will top up this amount to a total of 10% of the purchase price on your occupancy date.

How to Qualify for Firsthome™ Deposit Program:

  • Neither you nor your spouse can own a home in Canada
  • You must currently be renting and present a bona fide, active lease
  • If you are currently living with your parent(s)/guardian – please speak with a sales representative
  • Your home at Wesley Tower must be your sole and principal residence
  • You must be a permanent resident of Canada
  • You must be 18 years of age or older
  • You must be pre-approved for a mortgage using Daniels’ lender for Wesley Tower, CIBC, prior to entering into an Agreement of Purchase and Sale

Remember, when you choose Daniels, you’re not alone. We’re in this with you, paving your way to homeownership. You are in the driver’s seat and we are your GPS – guiding your journey until you reach your destination – your FIRST home at Wesley Tower.

If you are interested in buying a Condo in the upcoming Daniels City Centre to live or as an investment, you can save thousands by working with a Platinum Producer. You will be able to safe money by special prices and incentive programs offered by Daniels.

To find a Platinum Producer, please call 416.881.5826, or fill out our online Daniels City Centre registration form.