5009 Payne Street, Vancouver

We have found 6 Houses that closely match the specifications of the property located at 5009 Payne Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 2,249,000 and 3,498,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V5R4J5 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 5009 Payne Street. The current price of the property is $3,100,000, 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 $2,480,000. This would result in a monthly mortgage payment of $14,496 over a 25-year amortization period.