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 307
Down Payment Using Own Resources
Down Payment Using Borrowed Down Payment
Price1
$269,900
$269,900
Less Down Payment of
Purchaser
$00013,495
Conexus Loan
$00013,495
Mortgage
256,405
256,405
High Ratio Insurance Fee (3.6%)
00009,231
00009,231
Total Mortgage
0$265,636
0$265,636
Monthly Costs
Mortgage2
$1,322
$1,322
Down Payment Loan3
0
241
Condo Fees (includes heat)4
288
288
Property Taxes4
246
246
Total Monthly Payment4
$1,856
$2,097
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%.