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Mortgage Rates

Prime Mortgage Rate	2.00	%
Open Variable Mortgage Rate	1.89	%
1 Year Closed	2.20	%
2 Year Closed	2.50	%
3 Year Closed	2.60	%
4 Year Closed	4.10	%
5 Year Closed	3.50	%

Mortgage rates are to change without notice, please click bellow for more info.

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Mortgage Terms

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Recapture

The recovery of invested funds. Real estate investors, typically analyze investment properties in terms of return of their investment and return on their investment.

Recapture, from tax perspective, refers to the excess of value over depreciated value allowed by the Canada Customs and Revenue Agency in relation to the sale of a capital asset.

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