Del Ridge Homes announces an industry first - a condominium with zero Condo Fees

    TORONTO, June 29 /CNW/ - It's a revolutionary building, the first ever of
its kind in Canada and perhaps even in the world - a building with zero condo
fees and zero carbon emissions. Appropriately dubbed GreenLife, this latest in
a series of innovative projects from Del Ridge Homes is the brainchild of Dave
de Sylva and George Le Donne, partners in Del Ridge Homes Inc.
    GreenLife may not be Del Ridge's first eco-friendly building but it's
certainly a breakthrough when it comes to sustainability and saving money for
its residents. Del Ridge's previous eco-friendly building initiative, Appleby
Woods in Burlington, was constructed with the some of the latest in energy
saving and energy producing technology and building materials as well as
Ontario's largest privately owned solar array for a residential building. Del
Ridge has now been inspired to go even further with its evolutionary new
project GreenLife. "When we designed Appleby Woods, we wanted to create the
most energy efficient building on the market so we developed our own
proprietary green building program - Enerbuild 7000" says George Le Donne.
"Now with GreenLife in Milton we've even exceeded the standards from our
Enerbuild 7000 program."
    GreenLife will deliver zero carbon emissions through energy saving
measures, energy conservation techniques and energy producing measures such as
ground source heating and cooling, on-grid electricity from wind turbines, and
on-grid electricity from roof solar arrays. "The green energy income stream
will produce enough revenue to cover the condo fees of every resident on a
yearly basis." added Dave de Sylva.
    GreenLife will be a 6 storey building with approximately 150 units
starting from $189,900 with most units approximately 1,000 square feet in
size. Even the location was chosen with sustainability measures in mind. The
location is within walking distance of all amenities, shopping and
transportation. Even transportation for commuters was taken into consideration
with this location, as the GO Station is a two-minute walk from the site.

    About Del Ridge Homes
    Building communities of distinction by following the incomparably high
standards set by the company's principals. It's a simple philosophy but one
that has resulted in the creation of some of the most successful communities
across the Greater Toronto Area, including ones in Brampton, Mississauga,
Thornhill, Milton and Markham to name but a few. What truly sets Del Ridge
Homes apart is the ability to offer new homebuyers quality and new home value
seldom found in today's new home market. Thanks to their vast reservoir of
homebuilding knowledge and experience, Del Ridge has gained great insight over
the years. Insight that they've applied to pinpoint exactly what it is that
new homebuyers truly want and then deliver it. Exceeding customer expectations
time and time again.

For further information:

For further information: Dave de Sylva, (905) 479-5448,

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