We aim to provide more home options with lower purchase prices to make it easier to enter today’s market. Consider a freehold 3-storey townhome priced in the $600’s.
Down Payment
As a legacy builder of over 130 years, we are committed to offering a LOW deposit structure of only $50,000 over 5 months. With later closings of mid to late 2026, this gives you more time to save, and your deposit will count towards your down payment at closing.
Mortgage Rates
The Bank of Canada has lowered the interest rates, making this the perfect time to consider your first home. Our approved mortgage specialists can lock in today’s lower rates for up to 36 months, and you will be eligible for the lowest rate when it comes time for your mortgage. This protection offers you peace of mind.
Monthly Payments
Cut your mortgage payments in half with a legal secondary suite. You could offset your mortgage payments with rents of up to $1600 – $1900 per month, at a low cost of approx. $500/month on your mortgage over 25 years, creating financial flexibility.
Closing Costs
Don’t be surprised by closing costs! Pratt Homes is committed to paying lot levies and education levies to keep your closing costs low. Our team will walk you through the details and cap the fees, so you don’t have to worry when it comes time to take possession of your new home.
Disclaimer: Renderings are an artist’s conception; any specifications in depiction may change at the developer’s sole discretion without notice. Municipal Architectural Controls may require modifications to any exterior colour and material used, altering the overall design and appearance. Subject to change E. & O.E Pratt Homes Barrie. Hewitt’s Haven, 2024.