-Retirement Option-
Brand New House
Walk Up Lot – $129,900 list price
Move-in ready engineered home-$256,500
- Bottom floor accessed from street level=1000 sq ft two bedroom
- Upper level walkout to back yard=1200 sq ft two bedroom
- Foundation
- Services
- Home and installation
- Driveway
- Landscaping
Total=$386,400
Financing
- 20%Down Payment=$77,280
- 10%deposit on the lot=$12,990
- Remainder=$64,290
- 80%Mortgage
- $309,120 @ 2.6%5 year fixed
Carrying Cost=$1,414 per month
Retirement Benefits
- Incredible South Okanagan weather
- “The Wine Capital of Canada”
- Walking distance to the town centre
- Diverse dining and shopping
- Golf,Hiking Skiing,Boating and much more
- A mecca for gardeners
- Guests will want to visit!
- South Okanagan General Hospital in Oliver
- 90 minutes to Kelowna International Airport
- 20 minutes to the US border
Disclaimer
This case study was developed as of Sept 21st,2018 and is intended to provide a guideline only.It was created based on information solicited from modular home builders,mortgage brokers,property managers,municipal information and the developer.Prices,interest rates,rental rates,property valuations and costs are estimates only and should not be considered definitive.