*I had to put an asterisk right in the title of this post because of course there are plenty of stipulations on this promotion from Concord Adex. It may sound too good to be true…but it’s not entirely.

It’s starting to feel like 2007 all over again as would-be buyers have been lined up at Concord’s sales office near Front and Spadina for a few days now to take advantage of this sales event happening this Saturday at 12 noon. It is in celebration of Concord’s 20th anniversary in Canada.

The conditions:

• 20% off is applied as a cash rebate at final closing (so you pay $300K for the unit and Concord promises to rebate  you $60K at final closing)
• Only applies to the first 20 purchasers in line on Saturday March 28th at noon (First unit purchased will receive the 20% cash-back, any subsequent units purchased by the same person will get 15% cash-back)
• Only applies to units at Parade Tower 1 for Cityplace, and for buildings A,B and D at Park Place (Concord’s other mega-development at Leslie and Sheppard)
• Subsequent purchasers who buy units on March 28 will receive a 15% cash rebate – not a bad consolation prize

The first 20 spots are already locked up by people who have been camping out at the sales centre, but if you are an investor or first time buyer looking to get a good deal, the 15% off could be a great opportunity. As long as you are not too picky about what suite you purchase, because most of the prime suites are long gone from Parade 1.

If you would like more information on this promotion from Concord feel free to contact me.