Friday Harbour Active MLS Listings
Friday Harbour Cost of Ownership
| Attachment | Size |
|---|---|
| Friday Harbour Condo Prices 2-Bed 2020 - 2022 Sept 3.pdf | 347.86 KB |
| Models and Codes and SF Legend Bldg B.pdf | 139.6 KB |
Friday Harbour Cost of Ownership
Cost of Ownership Friday Harbour - An Example
Cost of Ownership Friday Harbour - An Example
As of August 2022 - Costs subject to change - usually higher over time
Examples - Your Actuals will Vary
| Suite Features | Condo | Condo |
| Purchase Price - Example | $710,000 | 820,000 |
| Beds | 1 | 2 |
| Washrooms | 1 | 1.5 |
| Parking & Locker | Yes | Yes |
| Sq Ft - (+/- 100 SF) Average as of Q3/2021 | 720 SF | 820 SF |
| Price $/SF- Average as of Q2/2022 | $986/SF | $976/SF |
| Mortgage | ||
| Downpayment - % | 20% | 20% |
| Downpayment - $,000 | $171 | $216 |
| Mortgage Balance - $,000 | $399 | $504 |
| Mortgage Rate - 5 Yr Variable, 25 Yr Amort | 4.19% | 4.19% |
| Mortgage Payment per Mth | $3,047 | $3,433 |
| Monthly Recurring Costs per Month (tax incl) | ||
| Condo Fees - $0.61 per SF (incl Internet & Sec monitor) | $435 | $490 |
| Property Tax - 0.5% of Purchase Price /12 | $295 | $335 |
| Insurance | $30 | $30 |
| Utilities - Water, Sewage, Hydro, Gas | $150 | $175 |
| Repairs and Upgrades - tbd | ||
| Hot Water Tank Rental | $60 | $60 |
| Resort Association Fees (paid yearly - shown mthly) | $ 110 | $125 |
| Lake Club Fees | $170 | $170 |
| Guest Fees - tbd | ||
| Docking fees - Marina Membership - optional | ||
| Golf fees - optional | ||
| Total Monthly Cost of Ownership - No Mortgage | $1,275 | $1,385 |
| Total Monthly Cost of Ownership - With Mortgage | $4,322 | 4,818 |
| One-Time Initiation Fee - 2% of Purchase Price + HST | $16,046 | $18,080 |
| One-Time Closing Costs | ||
| Land Transfer Tax | 10,675 | $12,475 |
| Legal Fees | $1,500 | $1,500 |
| Moving | $1,000 | $1,000 |
| Periodic repairs and upgrades | $500 | $500 |
| Furniture, Dishes, other Supplies | $1,000 | $1,000 |
| Shuttle to/from Barrie Go Train - included with ownership | Free | Free |
| Mortgage Downpayment @20% | $142,000 | $160,000 |
| Total Closing Cost | $172,721 | $194,555 |