Vintage Garden II Senior Life Lease Residences

Sales Information

Appliances Includes:
  • Stainless Steel Bottom Mount Refrigerator
  • Stainless Steel Ceramic Smooth Glass Cooktop
  • Stainless Steel True Convection Wall Oven
  • Stainless Steel Built-in Dishwasher
  • Sakura M-3000 Heavy-Duty Range Hood
  • Energy Star High Efficiency Stacked Washer & Dryer (white)
Maintenance Fee: Approx. $0.66 per square foot

  • Fees includes: Heating and cooling, domestic hot and cold water, utilities for the Common Areas and Facilities, insurance on the building, basic cable with Fairchild TV channel, 24 hour Community Centre membership, property management and administration.
  • Hydro for unit not included (Independent Smart meter for every unit)
Suite Feature: Ceiling heights ranging from 8’8″ – 11’8″, Ensuite for all master bedrooms, Sunroom, Terrance or Balcony in selected units, window coverings included in all units
Completion Date: Spring 2020
Property Tax: Present rate is 1% of estimated assessed value by MPAC
Parking: $40,000 each (parking maintenance fee extra)
Locker: Reserve basis
Financing: Available
Deposit Structures: 6 Instalments (4 post-dated cheques required):

  1. $5,000 upon reservation (10 day cooling-off period)
  2. 5% (minimum $15,000) of total cost within 28 days upon execution of Life Lease Occupancy Agreement (LLOA)
  3. 5% of total cost within 90 days upon execution of LLOA
  4. 10% of total cost within 180 days upon execution of LLOA
  5. 10% of total cost when formal notification of Construction Start Date is given (anticipated construction: Spring of 2018)
  6. Balance of total cost on Completion Date
*Land Transfer Tax Exempt – Provided that purchaser is acquiring the life lease interest as his/her principal residence or as the principal residence of his/her parent or spouse.
* Price (H.S.T included). All information is subject to change without prior notice. E. & O.E