Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp. Introduction Wynn Sturm Lana Gohring President & CEO Administrative Assistant Jackson Court 60 Apartment Condos (to be built) Jackson Court: 60 Apartment Condos (to be built) Brookhollow Manor: 72 Rental Apartments (to be built) Available: Clark Place Condos Clark Place Condos 2 & 3 Bedroom Configurations available Only $299,900 + GST Available: Clark Place Condos Clark Place Condos Available Now! $299,900 + GST Available: Clark Place Condos 2 Bedroom 2 ½ Bathroom 1,286 sq ft Includes stainless steel appliances in kitchen, washer & dryer, air conditioning, a single attached garage, and a fenced in yard. Only $299,900 + GST Available: Clark Place Condos 3 Bedroom 2 ½ Bathroom 1,286 sq ft Includes Stainless Steel appliances in kitchen, washer & dryer, air conditioning, a single attached garage, and a fenced in yard. Only $299,900 + GST Incentives for: First Time Home Buyers Buying a home is one of the largest investments of your life! Incentives available for: First Time Home Buyers FTHB Tax Credit from the Gov’t of Canada For costs associated with purchasing home Including Land Transfer Taxes, Legal Fees & Disbursements Gives you $5,000 in non-refundable income tax credits ($750 in Federal Tax Relief) Incentives available for: First Time Home Buyers (HBP) Home Buyers Plan (Gov’t of Canada) * Allows for you and your spouse to withdraw up to $25,000 (each) from RRSP savings as a Down Payment to purchase or build a home. * No Income Tax Payable on Amount Withdrawn from RRSP for Down Payment. Some conditions apply. Please refer to the Government of Canada Website for more information Incentives available for: First Time Home Buyers HeadStart Program (Gov’t of Saskatchewan) The Province of Saskatchewan will partner up with your bank and guarantee First Time Home Buyers with a loan for the 5% Down Payment This 5% loan can be borrowed from Synergy Credit Union or your current bank and can be repaid over 5 years. Incentives available for: First Time Home Buyers HeadStart Program (Gov’t of Saskatchewan) 95% Mortgage is available from Synergy Credit Union… …or other participating Credit Unions such as Affinity, Conexus, Innovation, Cornerstone, Synergy & Spectra GST Rebate for: New Home Purchases Gov’t of Canada If purchase is below the maximum price limit of $350,000… …the GST rebate is 36% of the 5% GSTpaid = 1.8% of GST Example: $299,900 purchase price for Townhouse in Clark Place …so 1.8% x $299,900 = $5,398 GST Rebate * Purchaser needs to apply for this rebate Kindersley Property Tax Exemption Bylaw The Town of Kindersley approved a “Property Tax Exemption” for “New Construction” * Valid until October 31, 2016 (some conditions apply) Kindersley Property Tax Exemption Bylaw (continued) This Property Tax Exemption (where eligible) allows for buildings to be exempt from the Municipal portion of the Property Taxes until October 31, 2016 Clark Place Condos Available Now! $299,900 + GST Mortgage Example Selling Price Down Payment $299,900 5% 10 % 15 % 20 % $14,995 $29,990 $44,985 $59,980 Mortgage Insurance $10,257 $6,478 $4,588 $0 Total Mortgage Required $295,162 $276,388 $259,503 $239,920 Amortization Period 25 Years 25 Years 25 Years 25 Years 2.80 % 2.80 % 2.80 % 2.80 % $1,367 $1,280 $1,202 $1,111 Mortgage Rate Total Mortgage Payment Frequency Monthly Incentive Recap / Savings: For First Time Home Buyers 1. FTHB Tax Credit (Gov’t of Canada) $750 2. HBP (Gov’t of Canada) use up to $25,000 of RRSP per person 3. HeadStart Program (Gov’t of SK) – Zero Down Payment 4. GST Rebate (Gov’t of Canada) – 1.8% Rebate of Purchase Price 5. Town of Kindersley – Property Tax Exemption (until Oct 31/16) Above are possible savings available for Brookhollow Estates purchases…some conditions apply. Additional Incentive! Buy a Clark Place Townhouse before October 31, 2015 We will PAY your gas bill for 1 full year*! * Some Conditions apply Procedure for: Residential Lot Purchases Build your DREAM HOME today!!! Procedure for: Residential Lot Purchases Step 1: Choose your Lot & Builder There are currently 58 – R1 Lots available for purchase along Brookhollow Blvd, Dobni Link & Cooper Way! Lot Prices Starting at $94,900 Procedure for: Residential Lot Purchases Step 2: Deposit 15% Down on the Lot & Start Building * Purchaser has up to 9 months to pay out Lot balance Procedure for: Residential Lot Purchases Step 3: If Mortgage Security is to be placed against Title, full payment for Lot is required. * Incorporate the Land & Building into 1 Mortgage! Did you know? The Purchaser can make arrangements for payout with 1st Mortgage Draw. Did you know? Kindersley’s Home Hardware offers “FREE” Construction Advice! They also offer Housing Packages (House-in-a-Box). Did you know? We have Home Builders present today who could give you a turn-key price on your new home! Did you know? We have representatives from Synergy Credit Union here today. They would be happy to answer all you questions regarding the financing for your new home. Did you know? We have realtors present from Royal LePage Wheat Country Realty. Feel free to ask their team about what is currently available in Brookhollow Estates. Did you know? We have representatives from the Town of Kindersley here today, should you have any questions for them. Did you know? You can purchase a spec home currently under construction by Excelsior Quality Builders… The “Siena” Address: Block 5 Lot 6 12 Cooper Way Kindersley, SK The “Siena” (Bungalow) Area: 1,601 Sq Ft Bedrooms: 2 Baths: 2 (5 pc & 3 pc) The “Siena” Address: Block 5 Lot 6 12 Cooper Way Kindersley, SK Features for The “Siena” * 1,601 Sq ft Bungalow + 480 Sq ft Attached Garage with unfinished basement * Maple Hardwood Flooring & Ceramic Tile * Granite Countertops * Stucco & Stone Exterior * Stainless Steel Kitchen Appliances * Front Loading Washer & Dryer * Gas Fireplace * Air Conditioning * Upgraded Cabinets + 3 ¼” Colonial Trim Marathon Equities would like to thank the representatives from the Town of Kindersley, Synergy Credit Union & Royal LePage Wheat Country Realty team for organizing this event. Questions? Thank you to everyone for taking the time to come out today. Any Questions?
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