140 - 170 JOZO WEIDER Boulevard Blue Mountains Ontario
Up to 13 photos available.
Ground floor, fully furnished 1 bedroom plus den in Seasons at Blue. Fantastic resort home facing the pool with views of the hills from the lovely patio area. Suite comes with full kitchen, dining area, gas fireplace, and 2 pull-out sofas making the sleeping accommodation up to 6. Outdoor swimming pool, Hot Tub, Sauna,work out room and underground parking. Optional rental program provides monthly income to help cover the cost of ownership. Condo fees include all utilities. HST may be applicable but can be deferred by obtaining an HST number. 2% Village Assoc. entry fee is applicable.
Blue Mountains -- Seller’s Real Estate Market
|Master bedroom||Main level||11' X 11'6|
|Living room/Dining room||Main level||12'2 X 12'|
|Kitchen||Main level||7'5 X 8'5|
|Ensuite (# pieces 2-6)||Main level||4 PC|
|Den||Main level||8'7 X 9'|
Monthly Mortgage Payments at 2.34
Thinking about buying this condo in Blue Mountains -- lets calculate some mortgage payment options and see if purchasing this condo can become a reality.
- Down Payment
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.
- 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.
- Mortgage Rate
The rate of interest you will pay on the outstanding balance of your mortgage.
- Mortgage Type
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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.