223 - 17 HARBOUR Street Collingwood Ontario
Up to 27 photos available.
Enjoy the greenery of mature trees in the summer and the ambience of a lit up seasonal view of Blue Mountain in the winter in this beautifully renovated 2 bedroom that backs on to green space and trail. Bright open concept living/dining room and remodelled kitchen with stainless steel appliances, matching backsplash and granite counters. Two bedrooms on the main floor, both with large closets and a walkout to the back yard from your master bedroom. Lovely updated bathroom with stacked washer and dryer on main floor between bedrooms. Gas fireplace in living room heats the whole place efficiently with the help of a gas hot water forced air handler. Updated baseboard heating still works but hasnt been needed. Great location! Just a short walk to the Rec Centre, Clubhouse and Georgian Trail. Book your appointment today. As per form 244, Seller's Directions: Offer presentation Tuesday May 23rd at 6:00 p.m.
Collingwood -- Extreme Seller’s Real Estate Market
Monthly Mortgage Payments at 2.34
Thinking about buying this condo in Collingwood -- 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.