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					Cost Analysis: The Modern on Richmond
Richmond and Sherbourne
Occupancy Spring 2011

Constant Values                                                              Parking and Locker Costs
Maintenance Cost per sq ft.              0.45 hydro not incl                 Parking          27,000
Maintenance Cost for Parking               40                                Locker             4,500
Maintenance Cost for Locker                10                                Parking/Locker/GST
General Sales Tax                          5%
Early Purchase Discount                10,000


                     Square          balcony     Sq ft with                     # of     # of
 Unit ID   Floor                                                 Exposure
                     Footage          (sq ft)     balcony                    bedrooms washrooms

B3A             15             555      french            555   East                  1            1
B3A             16             555      french            555   East                  1            1
B3A        17 (PH)             555      french            555   East                  1            1
B3B        17 (PH)             575      french            575   East                  1            1
B5               7             575      french            575   East                  1            1
B5         17 (PH)             575      french            575   East                  1            1

C4              3              660          45            705   South/East           1.5          1.5
C4              6              660          45            705   South/East           1.5          1.5
C5             14              680      french            680   East                 1.5            1
C6             PH              700      french            700   East                 1.5            1

D1             PH              730          50            780 East                    2            2
   33,075




 Buried                Monthly    Maintenance           Cost/Sqft                Cost with
             Cost                             Cost/Sqft             Total Cost
Bedroom?              Maintenance + Lock/Park           +balcony                 Discount

       n    252,900        249.75       299.75    455.68   455.68     285,975         275,975
       n    253,900        249.75       299.75    457.48   457.48     286,975         276,975
       n    254,900        249.75       299.75    459.28   459.28     287,975         277,975
       n    264,900        258.75       308.75    460.70   460.70     297,975         287,975
       y    247,900        258.75       308.75    431.13   431.13     280,975         270,975
       y    257,900        258.75       308.75    448.52   448.52     290,975         280,975

       n    294,900           297          347    446.82   418.30     327,975         317,975
       n    297,900           297          347    451.36   422.55     330,975         320,975
       n    295,900           306          356    435.15   435.15     328,975         318,975
       n    299,900           315          365    428.43   428.43     332,975         322,975

       1 327,900            328.5        378.5    449.18   420.38     360,975         350,975
              Link to Floorplan

http://themoderncondos.com/pdf/B3A.pdf
http://themoderncondos.com/pdf/B3A.pdf
http://themoderncondos.com/pdf/B3A.pdf
http://themoderncondos.com/pdf/B3B.pdf
http://themoderncondos.com/pdf/B5.pdf
http://themoderncondos.com/pdf/B5.pdf

http://themoderncondos.com/pdf/C4.pdf
http://themoderncondos.com/pdf/C4.pdf
http://themoderncondos.com/pdf/C5.pdf
http://themoderncondos.com/pdf/C6.pdf

http://themoderncondos.com/pdf/D1.pdf
Payment Structure: The Modern on Richmond
Richmond and Sherbourne
Occupancy Spring 2011

Taxes =             1% of purchase price

            Unit Specifications                                  Down Payment Amount
                                    sq ft. with
 Unit ID     Cost         sq ft.                  5%       10%      15%      20%       25%
                                     balcony
B3A         275,975           555           555   13,799   27,598   41,396   55,195    68,994
B3A         276,975           555           555   13,849   27,698   41,546   55,395    69,244
B3A         277,975           555           555   13,899   27,798   41,696   55,595    69,494
B3B         287,975           575           575   14,399   28,798   43,196   57,595    71,994
B5          270,975           575           575   13,549   27,098   40,646   54,195    67,744
B5          280,975           575           575   14,049   28,098   42,146   56,195    70,244

C4          317,975           660          705    15,899   31,798   47,696   63,595    79,494
C4          320,975           660          705    16,049   32,098   48,146   64,195    80,244
C5          318,975           680          680    15,949   31,898   47,846   63,795    79,744
C6          322,975           700          700    16,149   32,298   48,446   64,595    80,744

D1          350,975           730          780    17,549   35,098   52,646   70,195    87,744
t                             Deposit structure
                                                                    Estimated
    30%       on offer   30 days    90 days    180 days    Total
                                                                      Taxes
     82,793      2,000     11,799     13,799      13,799   41,396        2,760
     83,093      2,000     11,849     13,849      13,849   41,546        2,770
     83,393      2,000     11,899     13,899      13,899   41,696        2,780
     86,393      2,000     12,399     14,399      14,399   43,196        2,880
     81,293      2,000     11,549     13,549      13,549   40,646        2,710
     84,293      2,000     12,049     14,049      14,049   42,146        2,810

     95,393      2,000     13,899     15,899      15,899   47,696        3,180
     96,293      2,000     14,049     16,049      16,049   48,146        3,210
     95,693      2,000     13,949     15,949      15,949   47,846        3,190
     96,893      2,000     14,149     16,149      16,149   48,446        3,230

    105,293      2,000     15,549     17,549      17,549   52,646        3,510

				
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posted:8/8/2012
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