How Does it Work?
By renting one of the 156 rental units at Crossing at Belmont starting Fall 2019; 25% of the monthly rent can accrue towards the purchase of a Belmont Residences condominium, to a maximum of 5% of the value of the home.
The Belmont Rental Rewards program includes a rebate up to $5,000, funded by the City of Langford that will be applied to reduce the deposit payment, with the balance applied at the time of closing. The City of Langford and, subsequently, the Belmont Rental Rewards program, have capped the total of transactions to the first 20 purchased suites.
Now, not only do you get to enjoy the lifestyle and amenities that Belmont Master Plan has to offer, but you also accumulate credits during your rental time to buy your dream home at Belmont Residences.
The math is simple
For example, if your market rent/month is $2,000 for a two-bedroom rental, you will accumulate a monthly credit of $500 towards the purchase of a new Belmont Residences condominium.
Up to $5,000 of the total credit earned will be applied against the deposit and the rest will reduce the balance you owe at closing.
Belmont Residences: Coming soon!
Own your dream home at Belmont Residences. A perfect blend of urban lifestyle, located in a magnificent natural setting in the heart of Langford.
Delivering an enviable living experience that you cannot find anywhere else. Belmont has unparalleled access to natural and urban amenities. Open outdoor spaces draw nature’s beauty and essence up from the historical trail to your doorstep with thriving urban public spaces ready to greet you a moment’s walk away.