A rare opportunity for creative professionals at below-market prices

Project Summary

Artscape’s innovative project designed exclusively for artists and non-profit arts professionals is the Artscape Triangle Lofts, a new condominium development of 70 units created with the specific purpose of preserving vital artist work and living space in the Queen West Triangle neighbourhood of Toronto. Scheduled for occupancy in Summer 2010, Artscape Triangle Lofts units range in size from 500 to 1,010 square feet, with a portion of these units offered for sale at costs substantially below market prices.
 

Mortgage Financing for Creative Professionals

Artscape arranged attractive terms for unit purchasers with Creative Arts Savings & Credit Union.  We are a new banking institution formed in 2008 to meet the needs of creative professionals.  At Creative Arts, being in the creative industry starts the conversation—not ends it, like at the banks. We understand the special circumstances of the self-employed—circumstances such as variable income, or one cheque a year. As a financial cooperative exclusively designed for artists and entertainment professionals, we are a banking solution for you, by you, and about you. Creative Arts "gets" you.

The Advantage Mortgage

The Advantage Mortgage at Creative Arts is aptly named because it provides a host of repayment, refinancing and money-saving advantages:

• standard range of terms available, from 6 months to 5 years
• amortization up to 35 years
• convenient pre-approval available and recommended
• fixed or variable interest rates
• rates guaranteed for 90 days from date of application
• flexible payment options - weekly, biweekly, monthly
• generous prepayment option of 20% per year at any time and any amount up to the 20%  
• early renewal option
• regular statements issued
• life, critical illness and disability insurance available

Click here for our user-friendly mortgage payment calculator, or check our current rates.

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