Are you feeling like the rise in interest rates is standing between you and the home you want to own? We have some news to share that may make you feel differently.

In EVE Park Phase 1, there remains a selection of new two and three bedroom homes that are now rapidly approaching the stage of “Move-In Ready.”

These homes are among the first in Canada, and to the best of our knowledge, the first and only ones in London that qualify for the RBC^® Green Home Mortgage.

This unique new product from RBC recognizes the fact that it pays to buy quality over the long term — and so the amortization period can be extended to 35 years — driving down monthly payments.

In addition to this, EVE Park has made available to buyers of these move-in-ready homes a special Three-Year rate of 2.55%. This offer is facilitated exclusively through RBC’s Builder’s Mortgage program.

What this comes down to, is that the financial carrying cost for the next three years on one of these exclusive new homes is the same as the financial carrying cost of a much more ordinary home — one with fewer sustainability features, and quite likely higher operating expenses.

For your reference, we’ve provided two PDFs that you can download and look over for more information. One is a comparative illustration of the monthly carrying cost of an EVE Park home compared with a generic alternative that does not have these special financing features.

The other is a more detailed explanation of the RBC^® Green Home Mortgage.