1. Harish Maraj
Sales Representative
Bosley Real Estate Ltd., Brokerage
290 Merton Street, Toronto
Phone: (416) 322-8000
Fax: (416) 322-8800
PRESENTS
295 Davenport Rd., #201, Toronto, Ontario
Asking: $1,099,000
Annual Property Taxes $5,170 Mortgage Interest Rate* 3.89 % 25 Year Amortization
Monthly Condo Fees $1,022 5 Year Term
Financing Options 20% Down Payment 15% Down Payment 5% Down Payment
Monthly Monthly Monthly
Downpayment $219,800 $164,850 $54,950
1st Mortgage $879,200 $4,572.49 $934,150 $4,943.29 $1,044,050 $5,579.15
CMHC/GE Insurance Prem. $0 $16,348 $28,711
Property Tax $431 $431 $431
Condo Fees $1,022 $1,022 $1,022
Heat $75 $75 $75
Total Monthly Carrying Cost $6,100.33 $6,471.13 $7,106.99
Est. Funds Required for Clsg
Total Land Transfer Tax $36,160 $36,160 $36,160
Legal Fees $1,200 $1,200 $1,200
Includes down payment & CMHC $257,160 $218,558 $121,021
Ask about our 30 and 35 year ammortizations.
This Financing Feature Sheet is brought to you by:
Mortgage Architects Inc. Brokerage # 10287
Mortgage Gate Group of Companies
888.575.4403 (T) ~ 888.575.4404 (F) ~ 647-224-LEND (5363)
Joe Sammut - Mortgage Broker # M08004805
joesammut@mortgagegate.ca www.mortgagegate.ca
*Based on the most competitive rates available today. O.A.C. Rates are subject to change without notice and are conditional on purchaser and property qualification. This fact sheet is not intended to solicit
properties already listed for sale. The examples set out above are for general information. For a more detailed analysis please contact us at the numbers listed above.