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Pricing and Financing

Price List for Monaco Luxury Condos
Condo Fees include Home Heating, Hot Water, and Wireless Internet
Contact Info for Greg Toles - 1st Choice Mortgage Specialist
One Bedroom Finance Example
Two Bedroom Finance Example

  Lifestyle Partnership

  We understand the importance of relationships.  So, we have nurtured a
  banking relationship with a local credit union that supports the Lethbridge
  community.  The Fairmont Branch of First Choice Savings and Credit Union
  is less than 5 minutes (1.6 km) south of the Monaco Luxury Condos.
  1st Choice Savings contributes to the well-being of our community with
  generous financial support of sports, culture, education, health, and the
  environment.  For example, 1st Choice Savings sponsors the Lethbridge Hurricanes, a local WHL hockey team owned by its shareholders.  Games are at the Enmax Centre, also less than 5 minutes from your new home.  In addition, the ambitious 1st Choice Savings Centre for Sport and Wellness at the University of Lethbridge is now open! (about 15 minutes away, 10.5 km)

1st Choice Savings offers you the long-standing credit union philosophy and practise of "People Helping People."  You will be guided through the mortgage process of owning a Monaco Luxury Condo by informed and dedicated staff.  1st Choice Savings has an open door policy regarding the negotiation of your mortgage, loans, and investments no matter what the size of your account balance is.  The ultimate benefit of your 1st Choice Savings membership is peace of mind. When you're a member you're also an owner.  That automatically makes your best interests the credit union's best interests.

Check out these 1st Choice Mortgage Packages for Monaco Luxury Condos:

Interested in purchasing a 1-Bedroom with a 5% down payment? $960/month - Click Here

Or, a 2-Bedroom$1,127/month (only $167/month more than a 1-Bedroom) - Click Here

Why are 1st Choice employees different than traditional bank employees?  Ongoing training, supportive working conditions, community involvement, and other incentives (including post secondary scholarships) encourage an informed and dedicated financial team.  This translates into better service for members.  Also, there are no outside shareholders to take profits out of the institution.  Profits are either distributed to members in the form of dividends, better interest rates, lower fees, or retained as capital to ensure 1st Choice Savings remains a very strong financial institution.

For more information on how Greg at 1st Choice Savings and Credit Union can help you today, click here.


Inspired Living

The design features of Monaco Luxury Condos were generously selected for inspired living.  This limited collection of only 12 exceptional concrete residences can be found south of Henderson Lake in Lethbridge, Alberta.  Luxurious finishes include granite kitchen counters, granite and custom porcelain tile bathroom surfaces, engineered hardwood flooring in the living/dining areas, kitchen, first bedroom, optional second bedroom (or office/den), and hallway.  The suites themselves are appropriately priced from $195,000.  They range in size from 720 to 995 sq. ft. with the inclusion of a large private balcony, 8-foot high concrete ceilings, expansive windows, hardwood floors, upscale lighting, and chef-inspired kitchens equipped with first-class stainless steel appliances.  You are mere steps from the neighbourhood Starbucks and extensive jogging trails that link Henderson Lake to the river valley parks.  Henderson Lake - the city's most desirable outdoor attraction - is just a short walk away.  You have a convenient address with unlimited city advantages:  fitness facilities, theatres, and shopping are at the door; the college and university are both just minutes away, as is shopping and dining.  This is your opportunity.  The time is now...

Affordable Luxury - Life by Your Design

Experience the freedom of home ownership without the typical hassles of yardwork, renovation projects, and exterior maintenance.  Enjoy life with the people you love.  Invest your time in a life by your design... 

1-Bedroom Monaco Luxury Condos available from $195,000 to $223,000

2-Bedroom Monaco Luxury Condos available from $229,000 to $238,000


Appropriately Priced
 Including Air Conditioning

Condo Bedrooms Condo
Sq.Feet*
Balcony
Sq.Feet*
Total
Sq.Feet*
Selling Price** 

 101

 1 715 155 870

$209,000

 102  1 595 130 725

 $195,000

 103  1 x x x

Offer Pending

 104  1 590 130 720

 $195,000

 201  2 840 155 995

 $238,000

 202  1 595 130 725

 $197,000

 203  2 835 155 990

 $229,000

 204  1 590 130 720

 $197,000

 301  2 x x x

Offer Pending

 302  1 595 130 725

 $199,000

 303  2 x x x

Offer Pending

 304  1 590 130 720

 $195,000


Important Notes:
* Square footage to be verified by buyer / buyer's agent.
** Selling price at time of initial condo market release.  Subject to change.

Move-In Special:  Your new condo can be "Show Home" furnished for an additional $7,500 to $9,500.  Ask your tour guide about these unique turn-key packages to live the freedom of your dream... your Monaco Lifestyle. 

Condominium Fees (based on Condomium Plan Operating Fund):

Condo Number

Condo Fees

 102, 104, 202, 204, 302 & 304

 $101

 101 & 103

 $112

 201, 203, 301 & 303

 $142


Monthly Condo Fees include:
Utilities included are water, natural gas (home heating and hot water), sewer, waste, and common area electricity.  Also included in the condo fees: wireless internet, common area cleaning, repairs, yard maintenance (lawn mowing and snow shovelling), boiler maintenance (spring and summer scheduling), property insurance, and capital reserve contributions.

Ongoing maintenance touch-ups that reflect pride of ownership and a well-run reserve fund are important features when it comes to obtaining high value on
the resale market.

This simplifies your budget... The only utilities you need to care for in your new home are electricity (but not for heating your home), telephone, and cable.  The cost of heating your home and hot water is included in your monthly condo fee!  Monaco owners experience real savings in an era of rising gas prices. 


Why Rent... YOU CAN OWN!

One-Bedroom Mortgage Package
Monaco Luxury Condo #102
Price $195,000


Down Payment  20% 10% 5%

Fixed Rate 5yr Term

5.34% 5.34% 5.34%

Down payment

$39,000.00

$19,500.00

$9,750.00

Mortgage

$156,000.00

$175,500.00

$185,250.00

Mortgage Insurance 

$2,496.00

$4,563.00

$6,205.88

Total Financing

$158,496.00

$180,063.00

$191,455.88


Mortgage Payment


$794.05


$902.10


$959.18


Greg Toles, a 1st Choice Mortgage Specialist at the Fairmont Branch, can customize a solution to make home ownership easy.

  • No appraisal required unless required by the insurer & it will be paid for
  • We offer highly competitive mortgage rates for qualified clients
  • Prompt and efficient service with quick turnaround

Contact Greg Toles at 403.317.9688
or Email: 
gtoles@1stchoicesavings.ca

Disclaimer:  Rates are subject to purchaser & property qualification and can change without notice.  Clients may have to qualify at a higher rate.  Subject to approved credit and income. 


Why Rent... YOU CAN OWN!

Two-Bedroom Mortgage Package
Monaco Luxury Condo #203
Price $229,000


Down Payment 20% 10% 5%

Fixed Rate 5yr Term

5.34% 5.34% 5.34%

Down payment

$45,800.00

$22,900.00

$11,450.00

Mortgage

$183,200.00

$206,100.00

$217,550.00

Mortgage Insurance

$2,931.20

$5,358.60

$7,287.93

Total Financing

$186,131.20

$211,485.60

$224,837.93


Mortgage Payment


$932.50


$1,059.39


$1,126.42


Greg Toles, a 1st Choice Mortgage Specialist at the Fairmont Branch, can customize a solution to make home ownership easy.

  • No appraisal required unless required by the insurer & it will be paid for
  • We offer highly competitive mortgage rates for qualified clients
  • Prompt and efficient service with quick turnaround

Contact Greg Toles at 403.317.9688
or Email:
gtoles@1stchoicesavings.ca

Disclaimer: Rates are subject to purchaser & property qualification and can change without notice. Clients may have to qualify at a higher rate. Subject to approved credit and income.

Financing with 1st Choice Savings and Credit Union

 
Greg Toles'
Webpage at 1st Choice

 1st Choice Membership Perks include...
 15% Discount at
 1st Choice Savings Centre
 for Sports and Wellness
 at The University of Lethbridge