220 GORD CANNING DRIVE #380, Blue Mountains
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- Listed Since: February 11th 2019
Located right in the heart of the Blue Mountain Village this beautiful suite. in The Westin Trillium House, has a pond view, perfect for a weekend getaway! The Westin allows room service from the Oliver and Bonacini restaurant downstairs. Completely turn-key! Being an owner in the Blue Mountain Village allows you to enter into a hands-off, fully managed rental pool program. This helps offset the cost of ownership. The utilities are included in the condo fee. A 2% BMVA entry fee is applicable. HST may be applicable. (id:23309)
- Address: 220 GORD CANNING DRIVE #380
- Location: THE BLUE MOUNTAINS
- Ownership: CONDO CORPORATION
- MLS: 175399
|Living room/Dining room||Ground level||21' '' x 14' 4''|
|4pc Bathroom||Ground level|
Monthly Mortgage Payments
Thinking about buying 220 GORD CANNING DRIVE #380 -- 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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