If you're looking for a good deal to put your own touches on, look no further. This unit has not been renovated for a long time and requires some TLC. But, it has everything else to make this a great investment. This is a top floor unit with vaulted ceilings, a premium location and the best floor plan with the largest private deck space. Be sure to ask your lender/broker about "Purchase Plus Improvements". You can borrow the funds you would need for updating, but you have to use your own funds up front first and then once you've done the renovations, the lender will give you back what you spent. Why pay someone else's mortgage when you can build your own equity... The monthly mortgage payment with 5% down is $1588 or with 20,000 added for the purchase plus improvements program $1672.
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