Welcoming homeowners in Toronto

On Oct 25, 2013 under Condominium Homes

This month, Concert welcomed its first-ever condominium homeowners in Toronto. Purchasers began taking possession of their new homes within The Berczy, a 13-storey development located in downtown Toronto’s St. Lawrence Market neighbourhood.

While the company has been active in the Toronto residential marketplace since 2002, the initial focus was on delivering assured rental housing. Now established as the largest developer of assured rental housing in the City, Concert made the decision to expand into condominium development and first offered The Berczy to market in 2010.

Our homeowners have been delighted that Concert was able to register The Berczy prior to occupancy. When a condo tower registers, it is officially named a condominium corporation and turned over to the building’s owners. But purchasers generally move into a building during what is known as the interim occupancy period. During this time, condo owners are required to pay occupancy fees until the building registers. The Berczy’s early registration means homebuyers moving in will proceed directly to final closing on their units, saving time and money.

“This is extremely rare,” says Catherine Diraison, Director of Sales at Concert in Toronto, adding that most Toronto condominiums can take months – or in some cases years – after full occupancy to register. The Berczy registered on September 17. “The fact that we have completed registration of The Berczy so quickly and efficiently is a testament to the way we work at Concert.”

With The Berczy, Blythwood at Huntington and most recently 88 Scott, Concert has now become an active player in the City’s condominium market.  Concert is proud to be bringing the same level of quality and attention to detail for which Concert is known for in Vancouver and Victoria, to its condominiums homebuyers in Toronto.

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