Quote:
Originally Posted by 68style
^ Oh yah sure, everyone with a $500k budget (hence why they are shopping for condos in the first place) will just up it to $900k+ no problem at all. Why didn't everyone think of that?
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Brain is a wonderful thing when you use to think a bit what people say. Try it sometimes.
I said
fixer-upper and further out of the town but along the Skytrain.
When you factor in the extra paid in insurance, strata fee... etc. A 500k in Joyce (which is basically at the border of Vancouver) vs. an older TH in Burnaby with about 600k (certainly available a quick look on realtor.ca) and if non-strata even better, rare but certainly exist... I don't think the out of pocket monthly payment is much favorable for the 500k condo in Joyce.
I honestly don't see a 500k condo in Joyce to be much nicer than a 600k old TH that's move in ready from a quick look on Realtor.ca. Not to mention the TH is usually bigger in size.