Magnolia Group Realty

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💰 HOMEOWNERSHIP MATH 💰

Everyone keeps saying it's impossible to buy a home.

But let's look at a real example.

🏡 75 Hazelglen Drive Unit 310
📍 Kitchener
💰 $250,000

With 5% down:

✔ Down Payment: $12,500
✔ Mortgage: $237,500
✔ Estimated Mortgage Payment: ~$1,300/month
✔ Condo Fee: $595/month
✔ Property Taxes: ~$132/month

Estimated Total Monthly Cost:
➡️ Approximately $2,027/month

And before you compare that to rent...

The condo fee includes:

✅ Heat
✅ Hydro
✅ Water
✅ Parking

That's a lot of monthly expenses already covered.

Homeownership isn't the right fit for everyone, but the numbers might be closer than you think.

Want me to run the math for your situation?

📱 Charlotte Ferguson
Level 2 Mortgage Agent (M08009211)
DLC National Ltd. #12360 – Guiding Star Mortgage Group

519-575-1804
[www.mortgagewithchar.com](http://www.mortgagewithchar.com)

Ready to Apply?
https://tinyurl.com/CharlotteFergusonMortgages

Want to browse my app?
https://tinyurl.com/DLC-MortgageApp

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