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 209
Down Payment Using Own Resources
Down Payment Using Borrowed Down Payment
Price1
$219,900
$219,900
Less Down Payment of
Purchaser
$00010,995
Conexus Loan
$00010,995
Mortgage
208,905
208,905
High Ratio Insurance Fee (3.6%)
00007,521
00007,521
Total Mortgage
0$216,426
0$216,426
Monthly Costs
Mortgage2
$1,116
$1,116
Down Payment Loan3
0
197
Condo Fees (includes heat)4
255
255
Property Taxes4
208
208
Total Monthly Payment4
$1,579
$1,776
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%.