Type: Condo

1 result

500 22e Avenue apt. 57, L'Île-Perrot (Québec) J7V 5Z2

$280,000
500 22e Avenue apt. 57, L'Île-Perrot (Québec) J7V 5Z2

Very nice and well maintained condo located on the 2nd...

  • 2 beds
  • 1 bath
  • 1061.32 sq ft
500 22e Avenue apt. 57, L'Île-Perrot (Québec) J7V 5Z2
$280,000
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Fun Fact

In the United-States, mortgage payments are compounded per payment, unlike in Canada where compounding is measured semi-annually.

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The highest ever interest rate for a 5-year fixed term mortgage has been an all-time high of 21.75% in Canada in 1980.

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Interest rates hit an all-time low in April 2009, being only 0.25%.

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Property Value - Mortgage Balance = Owner's Equity

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Principal repayment increases through every mortgage payment.

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Deducting interest payments from your income is a tax-deductible expense, reducing your tax liability; provided that the property is used for investment income purposes.

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