For more information about the buyer selection process, please click here:  How to Apply for Shared Equity

Pricing Details

Market Value: $290,000
CHT Investment: $136,000
Buyer’s Price: $154,000

The market value is the value of the home if it were sold in the traditional market. CHT has an investment in the home which brings the price that the buyer will have to pay down to the listed Buyer’s Price.

Home Description

This second floor flat at City’s Edge features an open living space with split bedroom layout. Large full bath. Great closet space plus a laundry room with washer/dryer. In unit air conditioning. Secure building with elevator and assigned underground parking. Lockable storage space.

Located close to shopping, restaurants, and other amenities. Lake Champlain, Oakledge Park, Red Rock Park and East Woods are all nearby as is the bike path. Close to bus line. Heat included in HOA fees.

**This home is not eligible for VHFA loans**

Estimated Monthly Costs

This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 7.0%  interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.

Mortgage: $1,025
Taxes: $189
Homeowner Association Fee: $468
CHT Membership Fee: $35
Insurance: $25
Total per month: $1,742

 

Property Features

  • Year Built: 2005
  • Style: Condominium
  • Total Finished Sqft: 911
  • Garage: Yes- One Spot
  • Heat: Hot Water Baseboard - Natural Gas
  • Water Heat: Natural Gas
  • Sewer: Public
  • Water: Public
  • Appliances Included: Refrigerator, Stove, Dishwasher, Washer, Dryer, Built in A/C Unit.
  • Washer and Dryer Hook-ups: Yes
  • Homeowners Association: City's Edge
    • # of Units in HOA: 60
    • Dues Include: Heat, Building Maintenance, Yard Maintenance, Trash, Snow Removal, Water and Sewer

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