We recently did a presentation to our BNI group about what kinds of criteria one would need in order to purchase a home in Steveston, BC, under $500,000. We presented a few different scenarios, including a high ratio mortgage, a regular mortgage and a mortgage plus improvements. We wanted to share the results.
Here are some stats to start out with:
Listing - Steveston, BC
Purchase price $488,000
2 beds, 2 baths
In suite laundry
Pool + exercise room
Check out our presentation. What do you think?