Are you considering simplifying, downsizing your current home and making that transition to a Condo lifestyle? Need some time to sell or to decide if Condo ownership is for you?

Riverview Condos is offering potential owners the opportunity to Lease to Own up to 12 months before purchase.

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This program is intended for those seriously interested in purchasing. 

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Lease To Own

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How it Works

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1. Choose your Condo

2. Place a minimum of $5,000 to hold

3. Sign an Offer to Purchase and a Lease Agreement for a date no further then 12 months from Lease date. 

4. Pay monthly rent to Riverview Condos & Suites. $1250

5. Pay your own utilities (hydro, water, internet/TV)

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Monthly rent will be based on SVCU current variable mortgage rate less 1% on the purchase price less the deposit. 

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For example: Purchase price $184,900. With a $5,000 deposit, the balance would be $179,900.

 

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Your monthly expenses would be

• $1250

• Hydro

• Water

• Internet, TV

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Upon closing, title to the unit will transfer to you. As legal owner, you will now be responsible for Condo fees and property taxes.

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Contact us today for more information  

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