224 Vernon Street, Nelson

We have found 6 Houses that closely match the specifications of the property located at 224 Vernon Street with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 399,000 and 685,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1L4E2 postal code area of Nelson British Columbia Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 224 Vernon Street. The current price of the property is $489,500, 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 $391,600. This would result in a monthly mortgage payment of $2,289 over a 25-year amortization period.