Suite 118

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 118	Down Payment Using Own Resources		Down Payment Using Borrowed Down Payment
Price¹		$244,900		$244,900
Less Down Payment of	Purchaser	$000 12,245	Conexus Loan	$000 12,245
Mortgage		232,655		232,655
High Ratio Insurance Fee (3.6%)		0000 8,376		0000 8,376
Total Mortgage		0 $241,031		0 $241,031
Monthly Costs
Mortgage²		$1,212		$1,212
Down Payment Loan³		0		219
Condo Fees (includes heat)⁴		288		288
Property Taxes⁴		227		227
Total Monthly Payment⁴		$1,727		$1,946

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.