406 16 Lakewood Drive, Vancouver

We have found 6 Condos that closely match the specifications of the property located at 406 16 Lakewood Drive with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 475,000 and 599,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the V5L4L1 postal code area of Vancouver British Columbia Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 406 16 Lakewood Drive. The current price of the property is $450,000, 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 $360,000. This would result in a monthly mortgage payment of $2,104 over a 25-year amortization period.