River City Phase 2

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February 22nd, 2012

Gail Reeves Reid

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Planit Real Estate Inc., Brokerage

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		River City Phase 2

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RIVER CITY PHASE 2

Created by Saucier+Perrotte Architects as a dramatic contrast to the edgy, dark exteriors of Phases 1 and 3, the sleek white design of River City Phase 2 will stand out as a luminescent jewel against the industrial feel of the buildings surrounding it.
Three glass mini-towers are connected on each floor with fully glazed passageways; units are constructed to look like boxes jutting in and out, and pivoting left and right.

The use of translucent and white materials gives the structure an undeniable appeal that is airy, modern and completely sophisticated.
River City is comprised of a five building community of over 900 loft-style condominiums, family friendly townhomes, street level restaurants, cafes and boutiques.

TENTATIVE OCCUPANCY DATE
- May 2014

FACTS AND FIGURES

- Maintenance Fee - 38 psf per month (all utilities metered and paid separately)
- Property Taxes estimated at approx. 0.9% pa
- HST included in purchase price

PARKING, LOCKERS AND BICYCLES

- Parking - $35,000 (available for suites over $349,900)
- Lockers - to be released at a later date
- Bicycle Parking - to be released at a later date

DEPOSIT STRUCTURE
- $3,000 with this agreement
- Balance to 5% in 30 days
- 5% in 90 days
- 5% in 270 days
- 5% February 28, 2014
- 0% on Occupancy

FINANCING
- Special capped rate program through Bank of Montreal