Wishing Tree
53, 9566 Tomicki Avenue, Richmond
MLS: V995985
List Price: $589,000 Floor Area: 1,309 Unit: 3 Beds: 3 Bath Maintenance Fee: $176.14 Taxes: $2,332
PROS
- 1/2 bath located on the main living floor
- Additional room developed in the garage
- Club house facility within steps
- Location – close to shopping, parks and schools
- Visitor parking close by
- Newer complex
CONS
- Similar layout to all new townhouse designs, not original
- Balcony facing north
- Complex feels a bit crowed for driving/parking
- Not many areas for storage
- Bedrooms are not overly spacious
COMPARABLES
MORTGAGE DETAILS
Interest Rate: 2.89% Purchase Price: $589,000
High Ratio Loan (less than 20% down payment); 25-year amortization Down Payment (5%): $29,450 CMCH fees: $15,387.62 Total loan: $574,937.62 Amortization: 25 years Payment: $2,688.52
Approximate income required: $118,500
Conventional Loan (20% or more down payment); 30-year amortization Down Payment (20%): $117,800 Total Loan: $471,200 Amortization: 30 years Payment: $1,958.32
Approximate income required: $91,000
From my home to yours - Irene