1611 Phillips Street, Merritt

We have found 6 Townhomes that closely match the specifications of the property located at 1611 Phillips Street with distances ranging from 2 to 2 kilometers away. The prices for these similar properties vary between 328,000 and 557,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the V1K0B6 postal code area of Merritt British Columbia Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1611 Phillips Street. The current price of the property is $479,000, 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 $383,200. This would result in a monthly mortgage payment of $2,240 over a 25-year amortization period.