Apartment Hunting

[impure]

Originally Posted by rawb

that place is a shithole because it is such a high percentage rental/esl building and nobody cares for it. the lack of airflow in the suites makes the summers unbearably hot. the garage is constantly being cased by thieves because the security sucks.

the neighborhood isn't bad, just dont go east.

QFT except for the security part.
they must have upped security since you looked because you can't access anything above the 4th floor and below the ground level without a FOB key that matches the floor number you requested.
kind of a pain in the ass when you want to run downstairs to swim or something and you forget your keys.
don't even get me started on the security cameras, although sometimes watching the live feed on channel 69 is entertaining.
and there's a security guard on 24/7.

and FYI i am one of the renters in there.
it's generaly quiet and suits me fine.

[robyn]

Originally Posted by impure

MLS® Listings and properties for sale in Conference Plaza - 438 Seymour, Vancouver

Les Twarog&Sonja Pedersen

i just moved in to a place on the 28th floor here and really love it.
the facilities are even nicer than they look, the pool is open until midnight and the security excellent.
just don't leave the building, because once you get out the front door, the quality of life goes down significantly.

that is not the west end. that is the nothing district. stop lying.

[NinjaBoy]

Originally Posted by robyn

that is not the west end. that is the nothing district. stop lying.

Gold.

[impure]

Originally Posted by robyn

that is not the west end. that is the nothing district. stop lying.

no it certainly isn't the west end. i just moved from the west end, and i miss it!
if you want to get technical, i moved from the border of coal harbor and the west end but who's being picky?


the truth is out!

[robyn]

Originally Posted by impure

i'm a recent transplant to the west end and it's really as nice as you think.
wandering the street with my best friend at night, or staring out at stanley park from my window. the view from the 28th floor is really amazing.

oooook

[impure]

Originally Posted by robyn

oooook

it was true.
i was recently transplanted there, then found a nicer place which is where i'm at now.

[SEAN!]

Originally Posted by impure

MLS® Listings and properties for sale in Conference Plaza - 438 Seymour, Vancouver

Les Twarog&Sonja Pedersen

i just moved in to a place on the 28th floor here and really love it.
the facilities are even nicer than they look, the pool is open until midnight and the security excellent.
just don't leave the building, because once you get out the front door, the quality of life goes down significantly.

shit isnt that the building you used to live in rawb?

[impure]

Originally Posted by SEAN!

shit isnt that the building you used to live in rawb?

this explains a lot.
the pool is so nice!

maybe i live in rawbs old apartment too.
creeeeeeeeeeeeepy.
2803?

[ppcock]

robyn lives in cracktown.

[rawb]

YOU SHALL KNOW RAWB BY THE TRAIL OF DEAD l

[robyn]

Originally Posted by ppcock

robyn lives in cracktown.

actually i had to move 18 months ago after i killed a hooker

[ppcock]

family reunion will never be the same.. without ol no teeth tammy.

[diva]

Originally Posted by rawb

wat



wat

I was using the rbc mortgage calculator. Their ten year fixed rate was 8%.

My bad. The Elan building's montly maitenance fee is $203.95 /month according to this MLS add. mls.ca - Property Details V692711

I've seen monthly maintenance fees for two bedroom condos listed as high as $450/month on MLS listings.

But if you're going to nit pick, the price of the unit is actually $589,000. I'll redo the mortage calculation with ING's calculator and use their 5 year fixed rate of 5.84%. ING DIRECT Canada: Mortgages
The mortgage (with a ten percent down payment) would be $3340.73/month. So including monthly maintenance fees, but not including property tax, we'd be paying $3544.68/month for an apartment being advertised for rent on craigslist for $2200/month.

Here are all the craigslist postings for the Elan building. vancouver, BC craigslist > apts/housing for rent: search for "elan"

Here's a list of mortgage rates for most of the major Canadian lenders. CanadaMortgage.com

Why didn't you say wat at my really conservative 6% investment return over 25 years for the renter? If I'd used a more accurate number of at least 8%, the return would be much higher. But I guess you didn't notice that.

[Grapes]

^ WTF????

Who said you could be smarter than me?

[impure]

i wonder how many times we've passed eachother in the lobby anyway....
how many times today even, or later tonight?
jeeze

[Revolver]

Originally Posted by diva

I was using the rbc mortgage calculator. Their ten year fixed rate was 8%.

My bad. The Elan building's montly maitenance fee is $203.95 /month according to this MLS add. mls.ca - Property Details V692711

I've seen monthly maintenance fees for two bedroom condos listed as high as $450/month on MLS listings.

But if you're going to nit pick, the price of the unit is actually $589,000. I'll redo the mortage calculation with ING's calculator and use their 5 year fixed rate of 5.84%. ING DIRECT Canada: Mortgages
The mortgage (with a ten percent down payment) would be $3340.73/month. So including monthly maintenance fees, but not including property tax, we'd be paying $3544.68/month for an apartment being advertised for rent on craigslist for $2200/month.

Here are all the craigslist postings for the Elan building. vancouver, BC craigslist > apts/housing for rent: search for "elan"

Here's a list of mortgage rates for most of the major Canadian lenders. CanadaMortgage.com

Why didn't you say wat at my really conservative 6% investment return over 25 years for the renter? If I'd used a more accurate number of at least 8%, the return would be much higher. But I guess you didn't notice that.

goddamit ESI is droppin some brain fury!

[Drazkers]

Originally Posted by rawb

wat



wat

[Revolver]

^gah....*sigh* goddamit ya i saw it,but i didnt want to do it.,

[rawb]

Going through a broker you can easily break a sub 5% rate for a 10 year fixed.

Maintence fees vary wildly between buildings, depending on debt level/contingency fund savings, if they have a pool, if they have huge installations, whats in the common areas etc etc. The fee is then applied to the square footage of your place. It's not transferable between buildings at all.

In my building, my mortgage payment and the rental prices im seeing on craigslist for similar (although the ad is for a smaller place) 1bdrm+den are only differing by ~100 bucks. I have a mortgage around 4.6% and my suite has gone up in value by 30k according to my property assessment, 50-70k according to current listings on mls of similar suites.

I realize that prices may come down at any time and these are unusual numbers, but the fact is meant to illustrate owning is not a gloomy, unworkable idea. you need to take into affect appreciation of property, rent rates going up, the benefit of equity, income tax reductions, stability of monthly payments, quality of life etc etc. I'd talk to an investment advisor/mortgage broker to make sure you have the right facts.

Originally Posted by diva

I was using the rbc mortgage calculator. Their ten year fixed rate was 8%.

My bad. The Elan building's montly maitenance fee is $203.95 /month according to this MLS add. mls.ca - Property Details V692711

I've seen monthly maintenance fees for two bedroom condos listed as high as $450/month on MLS listings.

But if you're going to nit pick, the price of the unit is actually $589,000. I'll redo the mortage calculation with ING's calculator and use their 5 year fixed rate of 5.84%. ING DIRECT Canada: Mortgages
The mortgage (with a ten percent down payment) would be $3340.73/month. So including monthly maintenance fees, but not including property tax, we'd be paying $3544.68/month for an apartment being advertised for rent on craigslist for $2200/month.

Here are all the craigslist postings for the Elan building. vancouver, BC craigslist > apts/housing for rent: search for "elan"

Here's a list of mortgage rates for most of the major Canadian lenders. CanadaMortgage.com

Why didn't you say wat at my really conservative 6% investment return over 25 years for the renter? If I'd used a more accurate number of at least 8%, the return would be much higher. But I guess you didn't notice that.

[ppcock]

Originally Posted by Drazkers

that just got passed around the office.. great pic.