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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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202 215 Mowat Street, New Westminster
MLS®: R3091422
608
Sq.Ft.
1
Baths
1
Beds
1977
Built
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Description
Would you rather pay $1700/ month to rent a home like this or $1662 /month to own this home? (Based on 5-year variable @ 3.5% / 25yr amortization & 5% downpayment owner/occupier.) Updated flooring flows throughout this well laid out home with a brand-new bathroom vanity. An open living & dining room sit in front of an efficient kitchen. Large glass sliding doors lead to a massive, 510 sq.ft. private fenced patio extends your living space in the warmer months and offers great sightlines to the surrounding privacy cedar hedges. The large bedroom shares the same treelined, patio exposure. 2 cats allowed, sorry no dogs.
Taxes (2025): $1,780.07
Amenities
Caretaker
Trash
Maintenance Grounds
Hot Water
Management
Shopping Nearby
Elevator
Storage
Common Area
Features
Dishwasher
Refrigerator
Stove
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