Panoramic Patio Views

Mosaic at Renaissance Towers

1807 2138 Madison Avenue
MLS: v1019480

List Price: $476,000
Floor Area: 967
Unit: 2 Bed/2 bath
Condo Fees: $263.42

Located near Brentwood Mall in Burnaby, close to transit and shopping, this 18th floor unit has an east view spanning from the North Shore Mountains to Burnaby south.

The kitchen and living areas are large and open, great for entertaining and hosting guests. Well maintained and cared and it’s empty and ready for move it.

PROS

  • Central location, walking distance from the skytrain
  • Master rooms good size
  • Clubhouse amenities onsite
  • Large balcony
  • Shopping and restaurants nearby
  • Great views with large living room windows
  • Well maintained
  • 2 Parking stalls

CONS

  • Second bedroom is small
  • East facing – not as much sun
  • Kitchen appliances could use an eventual upgrade

MORTGAGE DETAILS

Purchase Price: $476,000
Interest Rate: 3.59%

High Ratio Loan (less than 20% down payment)
Amortization: 25-year
Down Payment (5%): $23,800
CMCH fees: $14,049
Total loan: $467,249
Payments: $2,355

Approximate income required: $88,000

Conventional Loan (20% or more down payment)

Amortization: 30-year
Down Payment (20%): $95,200
Total Loan: $380,800
Payment: $
1,723

Approximate income required: $65,000

From my home to yours
-
Irene

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