Buck Up $85,000 for Sophia

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If you missed it this morning’s (03/13) City TV’s ticker tape claims Sophia buyers must pay $85,000 to keep their condos.

This close to completion $85,000 seems like a lot to finish a unit.

I don’t know which sharp pencil came up with this number. According to the Canada mortgage calculator it will cost an extra $538 per month for a 5 year term and a 25 year amortization. By the way, that’s an extra $23,000 in interest.

Got a Vancouver Real Estate question? I’ll do my best to answer it. Call or send me an email.

Larry

Search for your home here. It’s lot easier than other places I can’t mention and you can see the home via Google street view. . Use Walkability to determine the availability of those neighbourhood services most important to you. Don’t be shy, tell your friends who are looking to stop by and give it a whirl. They will love you even more. :)

If you would like something more personal that is specific to your budget and needs, give me a shout. Let’s talk and I’ll set you up with a custom search delivered daily to your in box.

Of course, if you got some questions I’m around for that too.

Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.

**Numbers provided may vary as they are dynamically posted by the REBGV.

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