Purchase Options When Buying a Lot
1. Purchasers can deal directly with the old Town Harbour owners. As the owners we have retained the right to sell the properties directly to potential buyers. The buyer can either:
a.) Come in person to view the lots and the area. In this case, we will cover your travel costs, up to a maximum as outlined on our “Tour Info” page.
b.) If your time does not permit, you may purchase a lot without coming in person to view them. As you watch our “From the Sky” video on the “Lots” page from your home, we can answer any of your questions. This video gives you a bird’s eye view of Old Town Harbour and the lots for sale. If you buy from home, we will deduct 4% from the lot price. This is possible because it would eliminate us paying your travel costs or the realtor commission, making this option your BEST DOLLAR VALUE.
2. All our properties are listed on MLS (realtor.ca) with RE/MAX PARKLAND Realty in Dauphin, Manitoba. If you prefer to deal through a realtor, Colette Carefoot, the Broker/Owner would be happy to assist you. Colette and her family have purchased two adjoining lots at Old Town Harbour and have built their forever home here. She can be reached through their website at https://remax-parklandrealty.ca/ or her email address: colette@remax-parklandrealty.ca.
3. If you have a local realtor that you know or prefer to deal with, they can help you make the sale offer through REMAX.
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We are continuing to offer our financing option at a very competitive interest rate of 4.95% per annum. Lot prices will not increase in 2023.
For a limited time only, we are offering ZERO PER CENT INTEREST FOR the FIRST 6 MONTHS on lots that are financed through us. NOTE: This offer is only available until JUNE 30, 2023. (This will save you over $1,200 in interest on a lot priced at $51,900.) The interest savings will be greater on higher priced lots.
In conjunction with the above savings, if you would like to take advantage of the opportunity to have the approach into your lot of choice installed in 2023, Old Town Harbour will contribute $1,500 to the $3,000 contractor’s fee. This offer is available to anyone purchasing a lot in 2023 – applies to cash sales only.
| FINANCING PAYMENT OPTIONS | |
| AVAILABLE ON CANAL LOTS | |
| BLOCK 3 – NORTH SIDE OF CANAL, CIVIC ADDRESSES 217 to 265 Valhop Drive | |
| Lot Price | 53,400.00 |
| GST at 5% | 2,670.00 |
| Total | 56,070.00 |
| Deposit Due Prior to Start of Lease (6% of Lot Price + GST)* | 5,874.00 |
| Balance Owing | 50,196.00 |
| $436.29 x 130 Bi-Weekly Payments = 50,196 + 6,521.70 interest | 56,717.70 |
| 6 MONTHS 0%, balance 4.95% bi-weekly payments | |
| 50,196/130 = 386.12 | |
| 386.12 x 13 bi-weekly payments @ 0% | -5,016.60 |
| Balance left to finance 4 1/2 yrs @ 4.95% | 45,179.40 |
| $431.09 x 117 BW payments = 45176.44 + 5,260.98 interest | 50,437.38 |
| Difference in Interest: | |
| Total Interest for 5 years @4.95% | 6,521.70 |
| Total Interest for 5 years with 6 months free interest | 5,260.98 |
| SAVINGS WITH 6 MONTHS INTEREST FREE | 1,260.72 |
| BLOCK 4 – SOUTH SIDE OF CANAL – WEST SIDE, CIVIC ADDRESSES 100 to 156 Canal Street | |
| Lot Price | 51,900.00 |
| GST at 5% | 2,595.00 |
| Total | 54,495.00 |
| Deposit Due Prior to Start of Lease (6% of Lot Price + GST)* | 5,709.00 |
| Balance Owing | 48,786.00 |
| $424.03 x 130 Bi-Weekly Payments = 48,786 + 6,337.90 interest | 55,123.90 |
| 6 MONTHS 0%, balance 4.95% bi-weekly payments | |
| 48,786/130 = 375.28 | |
| 375.28 x 13 bi-weekly payments @ 0% | -4,878.60 |
| Balance left to finance 4 1/2 yrs @ 4.95% | 43,907.40 |
| $418.98 x 117 BW payments = 43,907.40 + 5,113.20 interest | 49,020.60 |
| Difference in Interest: | |
| Total Interest for 5 years @4.95% | 6,337.90 |
| Total Interest for 5 years with 6 months free interest | 5,113.20 |
| SAVINGS WITH 6 MONTHS INTEREST FREE | 1,224.70 |
| BLOCK 4 – SOUTH SIDE OF CANAL – EAST SIDE, CIVIC ADDRESSES 160 to 200 Canal Street | |
| Lot Price | 59,900.00 |
| GST at 5% | 2,995.00 |
| Total | 62,895.00 |
| Deposit Due Prior to Start of Lease (6% of Lot Price + GST)* | 6,589.00 |
| Balance Owing | 56,306.00 |
| $489.40 x 130 Bi-Weekly Payments = 56,306 + 7,315.54 interest | 63,214.54 |
| 6 MONTHS 0%, balance 4.95% bi-weekly payments | |
| 56,306/130 = 433.12 | |
| 433.12 x 13 bi-weekly payments @ 0% | -5,630.60 |
| Balance left to finance 4 1/2 yrs @ 4.95% | 50,675.40 |
| $483.61 x 117 BW payments = 50,675.40 + 5,907.18 interest | 56,582.58 |
| Difference in Interest: | |
| Total Interest for 5 years @4.95% | 7,315.54 |
| Total Interest for 5 years with 6 months free interest | 5,907.18 |
| SAVINGS WITH 6 MONTHS INTEREST FREE | 1,408.36 |
| *Note: This is the minimum deposit, you can make a higher deposit if you wish, to reduce your bi-weekly payments. | |
| Early payout allowable after 1 year. | |