Here is what a $700,000-$800,000 budget will get you in these top North Shore neighbourhoods.
316 725 MARINE DRIVE:
Pets and rentals allowed, perfect for the first time home buyer. CLICK HERE FOR FULL DETAILS
204 1550 FERN ST:
204 733 EAST 3RD ST:
Bright 2 bedroom corner unit (lots of windows).
204 2800 CHESTERFIELD AVE :
Over 1200 square feet of living space plus indoor pool .
AVERAGE COST FOR A 2 BEDROOM CONDO IN NORTH VANCOUVER: $750,000
Gross Income needed to afford a mortgage : $105,000 annually ( assuming no debts)
Monthly Payments :
10% DOWN PMT: $3,126/MONTH
20% DOWN PMT: $2,842/MONTH
CALCULATIONS BASED ON; 30 YEAR AMORTIZATION | 2.20% INTEREST RATE | MAINT FEE: $400 | PROPERTY TAX: $2,000