Pacific Douglas
17358 1A Avenue, Surrey
MLS: F1416462
List Price: $699,000 Floor Area: 3123 Unit: 4 Bed/4 bath
Located between the Peace Arch and Pacific Highway Border crossings, this South Surrey/White Rock home is built near parks and a golf courses. Even though this is a car dependent area, there are plenty of options for major shoppoing centres in south Surrey and across the border.
The house has an open plan. The large kitchen with tons of cupboard and counter space adjoins to a large family room and has access to the back yard and garage. The living room/dinning is also connected, but separated for more privacy.
Upstairs is complete with three bedrooms, one den/office and a laundry room – that’s room, not a closet, and it’s equiped with a sink and cupboards! The bedrooms are a good size with decent closet space. The Master bedroom is massive with a walkin closet and 4-peice bathroom.
The basement is finished with a media room and wet bar. There is also a 4th bedroom, bathroom and living area that can easily be converted into a basment suite with it’s own outside acccess.
PROS
- Beautiful kitchen
- Large master suite
- Laundry room
- Backyard
- Basement suite rental option for mortgage helper
- Side by side garage
- Finished basement with media room
- Den could convert to guest room
- 2-5-10 warranty
CONS
- Not centrally located
- New build adds taxes on top of asking price
- Some inefficientcies need to be addressed (doors not opening/closing properly)
- Car dependent for most amenities
MORTGAGE DETAILS
Purchase Price: $699,000 + 5% GST Total Purchase Price: $733,950* Interest Rate: 2.99%
*there may be a 2% transitional tax, depending on the start date of construction
High Ratio Loan (less than 20% down payment) Amortization: 25-year Down Payment (5%): $36,698 CMCH fees: $21,964 Total loan: $719,216 Monthly Payments: $4000
Approximate income required: $127,000
Conventional Loan (20% or more down payment) Amortization: 30-year Down Payment (20%): $146,790 Total Loan: $587,160 Monthly Payment: $ 2,475
Approximate income required: $93,000
From my home to yours - Irene
