forsaleThank you for your work with clients interested in joining the Downtown Place community. For inquiries please contact Richard Ray, DTP Board President, by email or (616) 403-1405.

Here is some information about Downtown Place Condominiums:

  • The building has 28 units (12 two-bedroom units and 16 one-bedroom units). (View floorplan)
  • Each unit has at least one parking space in one of the two heated garages. Some units have two parking spaces.
  • Each unit has a lockable storage cage in one of the garages.
  • The building has a shared “family room” on the ground level that can be used for social occasions, meetings, etc.
  • Entrance to the building is controlled by electronic keypad. Individual units have keyless touchpad entry.
  • By-laws and Master Deed are available upon request.
  • Number of units conveyed for owner occupied status: 28
  • Building type: Mid-rise (three stories, with shared garage on ground level and residences on second and third levels)
  • All units, common areas, and facilities are complete.
  • This project is not subject to future phasing.
  • There is no present litigation affecting this project.
  • Control of Homeowners Association was turned over to unit owners in June 2008.
  • The number of unit owners currently more than one month delinquent in dues or assessments is zero.
  • No unit owner owns more than ten percent of the total units.
  • Monthly association dues for each unit are $250.
  • A move-in fee of $200 is due upon purchase.
  • A multi-peril fire and extended hazard insurance policy is in effect for the association, with the association shown as “insured.”
  • The amount of insurance is equal to 100% of the current replacement cost ($9,161,600).
  • Public liability insurance is in the association’s name.
  • A fidelity bond for the association is in effect.
  • No flood insurance is in force.