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 304
Down Payment Using Own Resources
Down Payment Using Borrowed Down Payment
Price1
$304,900
$304,900
Less Down Payment of
Purchaser
$00015,245
Conexus Loan
$00015,245
Mortgage
289,655
289,655
High Ratio Insurance Fee (3.6%)
000010,428
000010,428
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%.