7020 Gray Avenue, Burnaby

We have found 6 Houses that closely match the specifications of the property located at 7020 Gray Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,499,900 and 2,995,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V5J3Y8 postal code area of Burnaby British Columbia Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 7020 Gray Avenue. The current price of the property is $2,490,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,992,000. This would result in a monthly mortgage payment of $11,644 over a 25-year amortization period.