All dimensions are approximate and may vary with actual legal plan survey. Sizes, prices and specifications are subject to change without notice. The Developer reserves the right to make modifications to specifications and designs.
Payment Calculator
Suite 105
Down Payment Using Own Resources
Down Payment Using Borrowed Down Payment
Price1
$274,900
$274,900
Less Down Payment of
Purchaser
$00013,745
Conexus Loan
$00013,745
Mortgage
261,155
261,155
High Ratio Insurance Fee (3.6%)
00009,402
00009,402
Total Mortgage
0$270,557
0$270,557
Monthly Costs
Mortgage2
$1,253
$1,253
Down Payment Loan3
0
246
Condo Fees (includes heat)4
304
304
Property Taxes4
242
242
Total Monthly Payment4
$1,799
$2,045
1
Purchase Price includes GST with GST Rebate assigned to Vendor.
2
Calculation done on a 25 year amortization with a 2.79% rate. Actual rate dependent on term and type of mortgage taken.
3
Down payment loan will be at Prime over 5 years. This illustration is based on current Prime at 2.85%.