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Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp.

Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

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Page 1: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Phase 1 Stage 1 ASub-Division Project

Marathon Equities Corp.

Page 2: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Introduction

Wynn Sturm President & CEO

Lana Gohring Administrative Assistant

Page 3: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp
Page 4: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp
Page 5: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Jackson Court60 Apartment Condos (to be built)

Page 6: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Jackson Court: 60 Apartment Condos (to be built)

Page 7: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Brookhollow Manor: 72 Rental Apartments (to be built)

Page 8: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Available: Clark Place Condos

Clark Place Condos

2 & 3 Bedroom Configurations

available

Only$299,900 + GST

Page 9: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Available: Clark Place Condos

Page 10: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Clark Place

Condos

Available Now!

$299,900 + GST

Page 11: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Available: Clark Place Condos

2 Bedroom 2 ½ Bathroom

1,286 sq ft

Includes stainless steel appliances in kitchen, washer

& dryer, air conditioning, a single attached garage,

and a fenced in yard.

Only$299,900 + GST

Page 12: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Available: Clark Place Condos

3 Bedroom 2 ½ Bathroom

1,286 sq ft

Includes Stainless Steel appliances in kitchen, washer

& dryer, air conditioning, a single attached garage,

and a fenced in yard.

Only$299,900 + GST

Page 13: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Incentives for:

First Time Home Buyers

Buying a home is one of the largest

investments of your life!

Page 14: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Incentives available for:

First Time Home Buyers FTHB Tax Credit from the Gov’t of

Canada

For costs associated with purchasing home

Including Land Transfer Taxes, Legal Fees & Disbursements

Gives you $5,000 in non-refundable income tax credits

($750 in Federal Tax Relief)

Page 15: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Incentives available for:

First Time Home Buyers (HBP) Home Buyers Plan (Gov’t of

Canada)* Allows for you and your spouse to withdraw

up to $25,000 (each) from RRSP savings as a Down

Payment to purchase or build a home.

* No Income Tax Payable on Amount Withdrawn

from RRSP for Down Payment. Some conditions apply. Please refer to the Government of Canada

Website for more information

Page 16: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Incentives available for:

First Time Home BuyersHeadStart Program (Gov’t of

Saskatchewan)The Province of Saskatchewan will partner up

with your bank and guarantee First Time Home Buyers

with a loan for the 5% Down Payment

This 5% loan can be borrowed from Synergy Credit Union or your current bank and can be

repaid over 5 years.

Page 17: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Incentives available for:

First Time Home Buyers HeadStart Program (Gov’t of

Saskatchewan)

95% Mortgage is available from Synergy Credit Union…

…or other participating Credit Unions such as Affinity,

Conexus, Innovation, Cornerstone, Synergy & Spectra

Page 18: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

GST Rebate for:

New Home PurchasesGov’t of Canada

If purchase is below the maximum price limit of $350,000…

…the GST rebate is 36% of the 5% GSTpaid = 1.8% of GST

Example:$299,900 purchase price for Townhouse in

Clark Place…so 1.8% x $299,900 = $5,398 GST Rebate* Purchaser needs to apply for this rebate

Page 19: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Kindersley Property Tax

Exemption BylawThe Town of Kindersley approved a

“Property Tax Exemption” for “New Construction”

* Valid until October 31, 2016 (some conditions apply)

Page 20: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Kindersley Property Tax

Exemption Bylaw (continued)

This Property Tax Exemption (where eligible) allows for buildings to be exempt from the

Municipal portion of the Property Taxes until October 31, 2016

Page 21: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Clark Place

Condos

Available Now!

$299,900 + GST

Page 22: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Down Payment 5 % 10 % 15 % 20 %

$14,995 $29,990 $44,985 $59,980 Mortgage Insurance $10,257 $6,478 $4,588 $0

Total Mortgage Required $295,162 $276,388 $259,503 $239,920

Amortization Period 25 Years 25 Years 25 Years 25 Years

Mortgage Rate 2.80 % 2.80 % 2.80 % 2.80 %

Total Mortgage Payment $1,367 $1,280 $1,202 $1,111

Frequency Monthly

Mortgage Example

Selling Price $299,900

Page 23: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Incentive Recap / Savings:

For First Time Home Buyers 1. FTHB Tax Credit (Gov’t of Canada) $750

2. HBP (Gov’t of Canada) use up to $25,000 of RRSP per person

3. HeadStart Program (Gov’t of SK) – Zero Down Payment 4. GST Rebate (Gov’t of Canada) – 1.8% Rebate of Purchase Price 5. Town of Kindersley – Property Tax Exemption (until Oct 31/16)

Above are possible savings available for Brookhollow Estates purchases…some conditions apply.

Page 24: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Additional Incentive!

Buy a Clark Place Townhouse before October 31, 2015

We will PAYyour gas bill for 1 full year*!

* Some Conditions apply

Page 25: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Procedure for:

Residential Lot Purchases

Build your

DREAM HOME

today!!!

Page 26: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Procedure for:

Residential Lot Purchases

Step 1: Choose your Lot & Builder

There are currently 58 – R1 Lots available

for purchase along Brookhollow Blvd,

Dobni Link & Cooper Way!

Lot Prices Starting at $94,900

Page 27: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Procedure for:

Residential Lot Purchases

Step 2:

Deposit 15% Down on the

Lot & Start Building* Purchaser has up to 9 months

to pay out Lot balance

Page 28: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Procedure for:

Residential Lot Purchases

Step 3: If Mortgage Security is to be

placed against Title, full

payment for Lot is required.

* Incorporate the Land & Building into 1 Mortgage!

Page 29: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

The Purchaser can make arrangements

for payout with 1st Mortgage Draw.

Page 30: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

Kindersley’s Home Hardware

offers “FREE” Construction Advice!

They also offer Housing Packages (House-in-a-Box).

Page 31: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

We have Home Builders present

today who could give you a turn-key

price on your new home!

Page 32: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

We have representatives from Synergy Credit Union here today. They would be happy to answer all you questions regarding the financing for your new home.

Page 33: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

We have realtors present from Royal LePage Wheat Country Realty.

Feel free to ask their team about what is currently available in Brookhollow Estates.

Page 34: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

We have representatives from the Town of Kindersley here today, should you have any questions for them.

Page 35: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Did you know?

You can purchase a spec home currently under construction by Excelsior Quality Builders…

Page 36: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

The “Siena” (Bungalow) Area: 1,601 Sq FtBedrooms: 2Baths: 2 (5 pc & 3 pc) 

The “Siena” 

Address:Block 5 Lot 6

12 Cooper WayKindersley, SK

 $490,000 + GST

 

Page 37: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Features for The “Siena” * 1,601 Sq ft Bungalow + 480 Sq ft Attached Garage with unfinished basement* Maple Hardwood Flooring & Ceramic Tile* Granite Countertops* Stucco & Stone Exterior* Stainless Steel Kitchen Appliances* Front Loading Washer & Dryer* Gas Fireplace* Air Conditioning* Upgraded Cabinets + 3 ¼” Colonial Trim 

The “Siena” 

Address:Block 5 Lot 6

12 Cooper WayKindersley, SK

 $490,000 + GST

 

Page 38: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Marathon Equities would like to thank the

representatives from the Town of Kindersley,

Synergy Credit Union & Royal LePage Wheat

Country Realty team for organizing this event.

Page 39: Phase 1 Stage 1 A Sub-Division Project Marathon Equities Corp

Questions?

Thank you to everyone for taking the time to come

out today.

Any Questions?