2351 First Street, Burlington

We have found 6 Houses that closely match the specifications of the property located at 2351 First Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,129,900 and 1,999,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L7R1C2 postal code area of Burlington Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2351 First Street. The current price of the property is $1,595,000, 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 $1,276,000. This would result in a monthly mortgage payment of $7,459 over a 25-year amortization period.