138 Hastings Street, Vancouver, BC

Developed by Sequel 138 Development Corp. / Marketing by Stamba Marketing

Neighborhood

Building Location: 138 Hastings Street, Vancouver, BC

How to Buy

“An unprecedented affordable home ownership opportunity for middle income earners”

Vancouver is the most expensive city in N America. People have simply given up fulfilling their homeownership dream. We have created a program that offers a helping hand to people with stable jobs and a good credit history. Sequel 138′s Affordable Homeownership (AHO) Model provides the downpayment support that many home purchasers do not have.

The equity for the purchase is being provided by Sequel138. Sequel138 will register a 2nd mortgage against the property to secure the loan which will be equal to 10% of the purchase price. There will be no interest and no payments required until such time as the home is sold or the 1st mortgage is renegotiated. CMHC* has approved this form of down payment for the Sequel 138 project.

* CMHC (Canada Mortgage and Housing Corporation), Canada’s national housing agency is a Crown corporation founded by the Government of Canada. This institution is Canada’s premier provider of mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research.

CHOOSE A HOME AND CONSULT WITH A SEQUEL 138 REPRESENTATIVE:

Email info@sequel138.com or contact us at 604.628.7356

It’s That Simple

Melanie is 28, a graphic designer, lives with her parents and makes $49,000 per year. She purchased a 1 bedroom unit at Sequel 138.  With her annual salary of $49,000 she qualified under the down payment assistance program with no additional down payment. Purchase price: $250,000 +Tax Down payment: $0 Sequel138 10% Equity Down payment assistance: $25,000 Total down payment: $25,000 Estimated Mortgage payment*: $1,158/Month Estimated Strata fees: $90/Month Estimated Property tax: $75/Month

Tariq is 35, works at Community Services in the Woodwards building, and wants to reduce his daily commute and get out of his rental suite.  He has $3000 towards a down payment and makes $56,000 per year.  Here’s how he bought at Sequel 138. Purchase price: $285,000 +Tax Down payment: $3000 Sequel138 10% Equity Down payment assistance: $28,500 Total down payment: $31,500 Estimated Mortgage payment*: $1,305/Month Estimated Strata fees: $90/Month Estimated Property tax: $85/Month

Brenda and John are a young couple, new to Vancouver. John a self-employed Software developer and Brenda a buyer for a retail store have a combined income of $63,000 and savings of $11,000. Here’s how they took advantage of Sequel 138’s down payment assistance program. Purchase price: $350,000 +Tax Down payment: $11000 Sequel138 10% Equity Down payment assistance: $36,000 Total down payment: $47,000 Estimated Mortgage payment*: $1,560/Month Estimated Strata fees: $125/Month Estimated Property tax: $100/Month

 * SOME CONDITIONS APPLY. SUBJECT TO QUALIFICATIONS AND A $5000 DEPOSIT. MONTHLY MORTGAGE PAYMENTS ASSUME A 25 YEAR AMORTIZATION RATE AND AN INTEREST RATE OF 3.79% IF FEES AND/OR CHARGES APPLY, THE TOTAL COST OF CREDIT AND APR WOULD INCREASE. MONTHLY MORTGAGE PAYMENTS REPRESENT THE COST MORTGAGE LOAN AMOUNT AND DO NOT INCLUDE EXPENSES SUCH AS CLOSING COSTS, CONDOMINIUM MAINTENANCE FEES, HEATING COST OR PROPERTY TAXES E.+O.E.

Residences

Every home enjoys natural light from both north and southern exposures (a rare find downtown) and many homes have inspiring mountain and water views (5th and 6th floor) and views of False Creek village.

Sequel 138 has two buildings, united by a private central courtyard and open-air sky walks to access each floor. Open your home’s front door and let the breeze flow through… bring in the sunshine… meet your neighbors.

The Design Details

The Building

Amenities

Urban Agricultural Farm Operated by Local Area Growers Society	Arts and Media Center Operated by Liberty Arts Society	Community Social Community Deck	Market Breezeway Community Link to Chinatown

Our Partners

Sequel 138 would like to thank our partners for their support.

Contact Us

Sequel 138

Presentation Centre