FS:1 Bedroom + Half Den - Take over 1.65% mortgage

[si_civic_89]

One bedroom + half den, ground floor apartment finished in Aug 28, 2008. Located in central Maple Ridge ( Urbano - 224th), close to transportation and shopping. Open living & dining area with cozy electric fireplace. Gourmet kitchen with breakfast bar & black appliances including a dishwasher. Other features include: stackable washer/ dryer, large walk through closet, secure underground parking, Gym located on same floor, and lovely outside patio. Building ammenities include a gym, library, and entertainment room.

The process is simple for assigning my mortgage over to you. The bank will do a credit check to make sure you qualify. You then make the down payment to me ($12,000 o.b.o). Finally, the mortgage will be assigned to your name and you continue with the payments. This also by-passes all the extra legal and realtor fees as this is a private sale. No GST. Property tax paid until July 2, 2010. I will guarantee you that you will not find a better mortgage out there.

Interest Rate: Bank prime - 0.6%. (Current interest rate 1.65%)
Amortization Period: 33 years and 10 months
Mortgage Balance: $219,441.62 (July 5, 2009)
Payment Frequency: Monthly
Current Payment: $805.44 ( $705.44 interest & principal + $100.00 property tax)

More details can be given to serious buyers.

[nammerstar]

hey..you might want to check with your bank, but variable mortgage are not assumable.

[wtfinator]

how much is the down payment total ???

wow.. you made a 12000 deposit on a 220,000 condo?! that's only 5%.. usually people put 15-20% to be safe? Good interest rate (Y)