From NY2 Condos:

Introducing NY2 Condominiums - the exciting sequel to the highly successful NY Place. Edgy. Hip. Cool. And filled with fresh amenities. Already under construction, NY2 is just steps to the subway and minutes to shopping, dining and theatre.

Best of all, Daniels is once again offering their bold new direction in homeownership with Toronto's ONLY Rent-To-Own Program.

The Rent-To-Own Program at NY2 has been designed to make purchasing as easy as 1, 2, 3. Here's how it works:

1. Choose a suite that best fits your lifestyle needs. Sign an Agreement of Purchase and Sale and begin accumulating your down payment through Daniels' Gradual Deposit Payment Plan.

2. When you move into your new home, a portion of your monthly rent, along with the total amount accumulated through Daniels' Gradual Deposit Payment Plans, will be credited towards your 5% down payment.

3. After on year, all you will have to do is top off your 5% down payment for your closing...It's that easy!