Suite 116

Sold

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.

Suite 116	Down Payment Using Own Resources		Down Payment Using Borrowed Down Payment
Price¹		$181,900		$181,900
Less Down Payment of	Purchaser	$000 9,095	Conexus Loan	$000 9,095
Mortgage		172,805		172,805
High Ratio Insurance Fee (3.6%)		0000 6,221		0000 6,221
Total Mortgage		0 $179,026		0 $179,026
Monthly Costs
Mortgage²		$852		$852
Down Payment Loan³		0		163
Condo Fees (includes heat)⁴		201		201
Property Taxes⁴		162		162
Total Monthly Payment⁴		$1,215		$1,378

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%.
⁴: Approximate.