The following table, compiled in early 2016, compares the capital and monthly costs associated with living in Old Grace Housing Co-operative with the costs of similarly sized houses and condominiums.

Cost comparison
Houses Condominiums Old Grace Housing Co-op
Complex Detached House Detached House The OZ Sky City Urban Glo The Icon OGHC Market OGHC Affordable
Address 656 Ashburn 797 Spruce 406 River 245 Graham 18 Picardy 1133 Portage 189 Evanson 189 Evanson
Unit Specs. 1,205 sq ft 745 sq ft 975 sq ft 722 sq ft 820 sq ft  775 sq ft 779  sq ft 779  sq ft
Price 239,900 189,900 374,900 276,000 226,240 219,900  NA1  NA
Capital costs
Downpayment or Share 90,000 90,000 90,000 90,000 90,000 90,000 92,000 20,000
Land Transfer Tax 2,448 1,499 5,148 3,170 2,175 2,049 NA NA
Legal Fees & Title Insurance  750  750  750  750  750  750  NA  NA
Mortgage 153,098 102,149 290,798 189,920 139,165 132,698 NA NA
Total capital 246,296 194,397 386,696 283,840 232,090 225,496 92,000 20,000
Monthly costs
Mortgage Payment @ 2.64%  25 yr am.  697  465 1,323  864  633  604  NA  NA
Property Taxes (est)  214  169  334  246  201  215  NA  NA
Propety Maintenance (est)  500  500  NA  NA  NA  NA  NA  NA
Occupancy Charges OGHC  NA  NA  NA  NA  NA  NA 1,135 1,135
Common Fees2  NA  NA  243  325  200  173  NA  NA
Utilities (est.)3  215  205  179  179  179  179  Included  Included
Property Insurance (est.)4  83  67  78  58  47  46   Included   Included
Parking5  NA  NA NA  227  46  46  85  85
Total monthly 1,709 1,406 2,157 1,898 1,306 1,262 1,220 1,220

1. NA = Not applicable
2. Common fees may not reflect new legislative requirements to ensure adequate reserves for condos.
3. Estimated utility costs obtained from www.numbeo.com/cost-of-living/.
4. Tenant content insurance is not included in this category, and responsibility of tenant/member.
5. Condominium parking costs reflect monthly mortgage payment for purchase of parking space.