228 - 171 SNOWBRIDGE WY, Blue Mountains
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- Listed Since: January 12th 2018
Snowbridge's Phase III townhome, this luxurious, turnkey 4 beddroom, 3 full bath is beautifully finished in the latest look of Snowbridge with many upgrades, stainless steel appliances, wood burning fireplace, bubble tub in master bathroom, heated floors in 2 upper bathrooms, large extended deck off living room. Enjoy Snowbridge Park amenities & shuttle service to the Village. Never been in the Blue Mountain Rental Program. This is a great suite for family & entertaining. HST paid. Village Association entry fee applies, monthly Residents Association fees & VA fees apply. Legal Description: The description of the condominium property is: Blk 1, PL 1120, Pts 1,2 & 3 16R-9221; S/T as set out in Schedule A of Declaration GY4996; The blue Mountains, County of Grey; S/T Easement for entry unit 2012 12 18 as in GY6171
- Address: 228 - 171 SNOWBRIDGE WY
- Location: THE BLUE MOUNTAINS
- Nearest Town or City: Blue Mountains
- Ownership Type: Condo Corporation
|Living room||Ground level||13' '' x 15' ''|
|3pc Bathroom||Ground level|
|Foyer||Ground level||5' '' x 6' 10''|
|Bedroom||Ground level||12' 10'' x 9' 9''|
|Dining room||Ground level||8' 2'' x 11' ''|
|Kitchen||Ground level||8' '' x 11' ''|
|Bedroom||Second level||12' 3'' x 9' 11''|
|Bedroom||Second level||12' 11'' x 9' 11''|
|Master bedroom||Second level||14' '' x 13' 3''|
|3pc Bathroom||Second level|
|4pc Ensuite bath||Second level|
Monthly Mortgage Payments
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- 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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