Often referred to as common areas expenses, every resident contributes their fair share of the maintenance costs based upon the square footage of their residence. By combining these costs and dividing them by the number of residents, effective cost savings are achieved which allow everyone to enjoy such amenities as exercise facilities, entertainment lounges, outdoor landscaping, 24 hr. concierge service and more.

To view current maintenance & deposit schedule for the following condominium communities, click on a link below:

*Papillon Place
*Nouvelle
*The Royal at Bayview Glen
*Promenade at Port Royal Place
*The Uptown Residences
*Park Lake Residences
*Ashford Terrace
*Palais at Port Royal Place

Papillon Place

Deposit Structure:
10 days from date of Agreement – 4%
1 month from date of Agreement – 4%
3 months from date of Agreement – 4%
5 months from date of Agreement – 3 %

Maintenance cost per month:
Approximately 42 cents per sq.ft.
Includes: Maintenance of parking & locker, heat, air-conditioning & water.
Excludes: Hydro, cable, internet service and telephone

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Nouvelle at Papillon Place

Deposit Structure:
10 days from date of Agreement – 4%
1 month from date of Agreement – 4%
3 months from date of Agreement – 4%
5 months from date of Agreement – 3 %

Maintenance cost per month:
Approximately 42 cents per sq.ft.
Includes: Maintenance of parking & locker, heat, air-conditioning & water.
Excludes: Hydro, cable, internet service and telephone.

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The Royal at Bayview Glen

Deposit Structure:
4% of purchase price with first offer.
4% of purchase price 60 days from date of Agreement
4% of purchase price 120 days from date of Agreement
3% of purchase price 180 days from date of Agreement

Maintenance cost per month:
Approximately 42 cents per sq.ft.
Includes: 24 hr. concierge, maintenance of common areas, water and gas.
Excludes: Hydro, telephone, cable and internet service.

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Promenade Port Royal Place

Deposit Structure:
4% of purchase price with first offer.
4% of purchase price 60 days from date of Agreement
4% of purchase price 120 days from date of Agreement
3% of purchase price 180 days from date of Agreement

Maintenance cost per month:
Approximately 40.5 cents per sq.ft.
Includes: Gas, water, maintenance of parking, locker area and all common/amenity areas.
Excludes: Hydro, cable, telephone and internet service.

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The Uptown Residences

Deposit Structure:
$5000 with offer
Balance of 5% due in 30 days
5% due in 90 days
5% due in 120 days

Maintenance cost per month:
37 cents per sq.ft.
Includes: Heat, air conditioning, water, building insurance, and upkeep of common areas.
Suite hydro separately metered
Parking and locker maintenance fees separate

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Park Lake Residences

Deposit Structure:
$2000 on date of offer.
5% less $2000 30 days from 1st deposit
5% 60 days from 1st deposit
5% 120 days from 1st deposits

Maintenance cost per month:
Approximately 43 cents per sq.ft.
Includes: Heating, air conditioning, gas, water, all amenities and all common area expenses
Excludes: In-suite hydro, cable, internet service and telephone

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Ashford Terrace

Deposit Structure:
$5,000 with offer
5% of purchase price minus $5,000 30 days from date of Agreement
5% of purchase price 60 days from date of Agreement
5% of purchase price 120 days from date of Agreement

Maintenance cost per month:
Approximately 0.36 cents per sq.ft
Includes: heat, water & common elements (Hydro separately metered)
Parking: $29.95 per month per space. Locker: $9.95 per month.

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Maintenance cost per month:
Approximately .45 cents per sq.ft.
Includes: Gas, water, maintenance of parking, locker area and all common/amenity areas.
Excludes: Hydro, cable, telephone and internet service

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* All the above specifications in section 3 are subject to change without notice. Brokers Protected. E&O.E.