Buck Up $85,000 for Sophia
Posted March 13th, 2008 in Pre-Sales, Real Estate
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
