303 - 1761 Pandosy Street

Condo is a great way to enter the real estate market and be a homeowner. You can be a homeowner for $1000 a month. Please check this out:

This condo is located at Highway 97 and Pandosy. It’s a 1 bedroom, 1 Bath top floor unit with a view of Mill Creek from balcony. It’s located just a short walking distance to downtown core, beach access and Kelowna General Hospital. Great opportunity at an affordable price, rentals allowed and pets too (with a few restrictions). It’s approximately 625sq. The strata fees are only $189.23 and property taxes - $911.53/yearly.

Listing price: $165,000

Down payment (5%): $8,250

If you put less than 20% down, you have to pay CMHC. In our example, it will be additional of $5,643(3.6% with traditional down payment) added to your mortgage amount.

Monthly mortgage payment: $727 (based on 5% down, 325 years of amortization, 2.49% interest rate and 5year fix term)

Property taxes: $76/ monthly

Strata fees: $189.23

For only $1000 a month you can live in your own condo.

Let’s work together on creation and realization your real estate dreams))))

Alina Griva REALTOR® Lake Okanagan Realty Ltd. T: 250.863.5246 F: 778.484.5252 www.alinagriva.com alinagriva@gmail.com