FULL OWNERSHIP OF YOUR OWN
MOUNTAIN VIEW VILLA
FROM $262/Month*

1 BEDROOM

$85,900 + GST


2nd Home
(CMHC Insured)
2nd Home
(Conventional)
Investment Property
Amortization 25 years 30 Years 30 Years
Rate 2.89% (5 Year Rate) 3.09% (5 Year Rate) 3.34% (5 Year Rate)

Purchase Price $85,900 $85,900 $85,900
GST $4,295 $4,295 $4,295
Total Cost $89,295 $89,295 $89,295
GST Rebate $1,546 $1,546 *GST Rebate - CRA
Purchase Price $87,749 $87,749 $89,295
Down Payment $4,388 $17,550 $17,859
Mortgage Request $83,361 $70,200 $71,436
CMHC Fee $3,751 (4.5%) - *Must have 12 month
tenant to receive rebate
Gross Mortgage $87,112 - *See Notes Below

Monthly Payment:

                              5% Down Payment 20% Down Payment 20% Down Payment

$405

$296

$311

2 BEDROOM

$131,900 + GST


2nd Home
(CMHC Insured)
2nd Home
(Conventional)
Investment Property
Amortization 25 years 30 Years 30 Years
Rate 2.89% (5 Year Rate) 3.09% (5 Year Rate) 3.34% (5 Year Rate)

Purchase Price $131,900 $131,900 $131,900
GST $6,595 $6,595 $6,595
Total Cost $138,495 $138,495 $138,495
GST Rebate $2,374 $2,374 *GST Rebate - CRA
Purchase Price $136,121 $136,121 $138,495
Down Payment $6,806 $27,225 $27,699
Mortgage Request $129,315 $108,896 $110,796
CMHC Fee $5,819 - *Must have 12 month
tenant to receive rebate
Gross Mortgage $135,134 - *See Notes Below

Monthly Payment:

                              5% Down Payment 20% Down Payment 20% Down Payment

$630

$461

$485


*If existing residence is CMHC insured, this purchase cannot be financed through CMHC

**GST is 5% of the Purchase Price - Rebate is 36% of the 5%.

***Interest rates and payments are subject to change

****Well qualified buyers, please note financing terms are subject to change, pending the terms of buyer's mortgage lender. Mountain View Villas can refer buyers to a qualified mortgage specialist.