Suite 304

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 304	Down Payment Using Own Resources		Down Payment Using Borrowed Down Payment
Price¹		$304,900		$304,900
Less Down Payment of	Purchaser	$000 15,245	Conexus Loan	$000 15,245
Mortgage		289,655		289,655
High Ratio Insurance Fee (3.6%)		0000 10,428		0000 10,428
Total Mortgage		0 $300,083		0 $300,083
Monthly Costs
Mortgage²		$1,390		$1,390
Down Payment Loan³		0		273
Condo Fees (includes heat)⁴		304		304
Property Taxes⁴		258		258
Total Monthly Payment⁴		$1,952		$2,225

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.