152 JOZO WEIDER BOULEVARD #310 Blue Mountains
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- Listed Since: March 27th 2020
Great opportunity! List price includes full refurbishment costs to be paid by Seller! Spacious One bedroom fully furnished suite with full kitchen and walk out to balcony in the upscale Weider Lodge looking over the courtyard. Living room with gas fireplace, sleeping accommodations for 4 with pullout in living area. Unit will be completely refurbished to a fabulous new look in Fall 2020. Amenities include exercise room, sauna, outdoor hot tub and seasonal pool. Property is currently in the Blue Mountain Rental program generating revenue to offset the operating costs. Condo fees include all utilities. 2% Village Association Fee applies. Annual fees of $1.00 per sq, ft.pair quarterly. A perfect year round resort home/vacation property, where you can enjoy when you want and get a cheque every month to offset ownership. Live the lifestyle! 15% non-residents speculation tax does not apply to this area. (id:23309)
- Address: 152 JOZO WEIDER BOULEVARD #310
- Location: THE BLUE MOUNTAINS
- Ownership: CONDO CORPORATION
- MLS: 253054
|Living room/Dining room||Ground level||19' x 11' 2''|
|Kitchen||Ground level||11' 2'' x 7'|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||15' 3'' x 10' 9''|
Monthly Mortgage Payments
Thinking about buying 152 JOZO WEIDER BOULEVARD #310 -- lets calculate some 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.
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