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 208
Down Payment Using Own Resources
Down Payment Using Borrowed Down Payment
Price1
$249,900
$249,900
Less Down Payment of
Purchaser
$00012,495
Conexus Loan
$00012,495
Mortgage
237,405
237,405
High Ratio Insurance Fee (3.6%)
00008,547
00008,547
Total Mortgage
0$245,952
0$245,952
Monthly Costs
Mortgage2
$1,235
$1,235
Down Payment Loan3
0
223
Condo Fees (includes heat)4
288
288
Property Taxes4
237
237
Total Monthly Payment4
$1,760
$1,983
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%.