405 - 88 Gibson Street Ayr

405 - 88 Gibson Street
  • 405 - 88 Gibson Street
  • 405 - 88 Gibson Street
  • 405 - 88 Gibson Street
  • 405 - 88 Gibson Street
  • 405 - 88 Gibson Street
  • 405 - 88 Gibson Street
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$366,900

  • Listed Since: January 2nd 2020

Introducing Pipers Grove in Ayr! Award winning Reids Heritage Homes brings you this exciting new mid-rise condo development. Ideal for the first time home buyer, someone looking to downsize, or as an excellent investment. This luxury building will be home to many 2 bedroom suites, decked out in modern features and with your choice of finishes! The Leslie model suite features 2 Bedrooms, 1 Bath, 885 sq ft of living space and a private 84 sq ft balcony. The open concept Kitchen/Living/Dining area offers an abundance of natural light. Master bedroom with walk-in closet. Standard finishes include vinyl plank flooring throughout (carpet free), granite countertops in kitchen and bath, black fridge, stove, dishwasher package, white washer/dryer package, 1 parking space and so much more! The building offers a secured entrance with intercom system, an amenity room on 1st level complete with kitchenette and washroom, and storage locker rooms. Located in the heart of downtown Ayr, this sought out community offers the small town feel, with big town amenities. A short distance from Cambridge, Kitchener, Brantford, and Woodstock, this truly is a wonderful place to call home. (id:23309)

  • Address: 405 - 88 GIBSON STREET
  • Location: AYR
  • Ownership: CONDO CORPORATION
  • MLS: 30730974

This condo is located in Ayr Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

BedroomGround level10' 4'' x 11' 2''
KitchenGround level13' 5'' x 13' 4''
4pc BathroomGround level 
Master bedroomGround level12' 4'' x 12' 2''
Living room/Dining roomGround level13' 5'' x 8' 8''
  • 2 Bedrooms
  • 1 Bathrooms
  • 885 Square Feet
  • $1,373 / month (estimated mortgage)

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Listing provided by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

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  • Down Payment
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The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.

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  • Mortgage Insurance

Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.

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The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.

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