Antigonish Condominiums Inc.


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(902) 863-2299 days
(902) 863-2229 evenings
email: info@antigonishcondos.ca

PRICING &
FINANCING EXAMPLE

PRICING

 

Each of the units with entry on the main level (and ownership of the lower level) are priced slightly differently depending on the units location.

 

Pricing has been set on all the units and the first three units sold will be priced differently then the last three units sold (i.e. discounted).

 

Please enquire to Mark Sears, President of ACI @ (902) 863-2299 (office)

(902) 863-2229 second number @ home,  cell (902) 870-2088.

 

For pricing – Prices start at $ 222,000, HST included.  With qualifying rebates, the price is lower.   

 

FINANCING COSTS – EXAMPLE

 

CMHC Mortgages require mortgage insurance.  The cost is based on the      downpayment of the buyer.


(Note:   Most financial institutions will add the insurance cost to the building cost and mortgage it).


25% Down payment may require no mortgage insurance.



           Example # 1


                 Unit Cost                            $ 222,000

                 Down payment (25%)            55,500

                 Mortgage                           $ 165,500



Example # 2

 

                Unit Cost                          $222,000

                Down payment (10%)           22,000

                Mortgage                         $ 200,000

 


Estimated monthly mortgage payments are $1,057  (4.05%, 4 yr term, 25 yrs amortization)

 



COMPARE TO RENT!  With rent – it is gone, with condo ownership it is your equity and opportunity for appreciation in value.  Also, you probably have more space than a rental situation.  All of the past condos sold for more than their original cost - a great investment.

 


Estimated monthly mortgage payments are $872 (4.05%, 4 yr term, 25 yrs amortization)


 

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