Housing Details
The North Shore truly embodies the best of “Beautiful British Columbia,” with unmatched access to nature, unique neighbourhoods, and some of the region’s top rated public and private schools. From enjoying the crystal waters of Deep Cove, to skiing or hiking ‘Nature’s Stairmaster’ at Grouse Mountain, to exploring Lower Lonsdale’s vibrant retail and restaurants by The Quay, to shopping at Park Royal, it’s all at your fingertips. And for the youngest members of your family, enjoy peace of mind with first-rate educational institutions including IB programs, private schools, and Capilano University all minutes from home.
We are offering a BRAND NEW 1518 Sqft, 3 Bed and 2.5 Bath Townhouse on an exciting new Rent to Own program that could put you in ownership sooner than you may think. The project will be completed in 2022. We only require a 5% down payment of $90,000. You could start paying down the down payment now for $3,750 per month until the completion of the project ( 2 years ). The price of $1,800,000 is locked in and you move in with all the rights and responsibilities of homeowners. Your annual interest rate is 3.99% and the monthly fee would be $8,279.45 + $504.2 Strata & Property taxes for a total of $8,783.45. Your monthly payment is locked in, so no payment increases for 5 years. At the end of the 5 year term, you would then buy the property at $1,565,000. With the equity built from your down payment , the monthly principle you put down plus the projected rise in market value you should then qualify for a traditional bank mortgage.