465 - 220 GORD CANNING Drive, Blue Mountains, Ontario, L9Y 0V2
A One Bedroom plus den resort home in Westin Trillium House located in the Village At Blue Mountain. This Suite can Sleep 6 Comfortably and comes fully furnished and includes All The Amenities of the Westin Trillium House:Westin Signature Heavenly Beds and Bath, Valet Parking for Owners, outdoor year round heated pool and hot tubs, & Award winning Oliver & Bonachini's Restaurant. HST May be Applicable.Village Association Fee is Applicable
This condo is located in a wonderful town known as the Blue Mountains Ontario. To learn more about how to purchase this real estate property contact Brandon -- he would be more than happy to assist you.
|Master bedroom||Main level||15'3 X 11'|
|Living room/Dining room||Main level||12'3 X 17'|
|Kitchen||Main level||6'3 X 8'6|
|Den||Main level||7'11 X 10'|
|Bath (# pieces 1-6)||Main level||4PC|
Monthly Mortgage Payments at 2.44
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.