305 - 3 BRANDY LANE Drive, Collingwood
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Quick Closing Available! Enjoy our popular 4 season lifestyle in this gorgeous 2 bedroom loft suite! Nestled between the hills of the Blue Mountains and the lakeshore of Georgian Bay, the Perfect location for everything! Immaculately cared for, this pristine suite shows like new. One-floor living... in style! Spacious open concept, decorated with beautiful neutrals, just one look and youll be hooked. Main floor master with en-suite & Bonus den area to create your own happy place. Add a Murphy Bed for your extra guests! Stainless steel appliances, granite counter top, beautiful laminate flooring in great room, & an extravagant cathedral ceiling, complete with attractive walkout to your bbq / cocktail terrace. Swim all year round in the heated outdoor pool. Walk to town, short drive to ski hills and beaches. Storage at your front door. Live the life ! (Water/ sewer included in condo fees / Elevator in building.)
- Address: 305 - 3 BRANDY LANE DRIVE
- Nearest Town or City: Collingwood
- Ownership Type: Condo Corporation
|Master bedroom||Main level||10'2 X 14'|
|Living room||Main level||13' X 27'8|
|Laundry room||Main level|
|Ensuite (# pieces 2-6)||Main level||4 PIECE|
|Den||Main level||11'2 X 9'6|
|Bath (# pieces 1-6)||Main level||4 PIECE|
|Bedroom||Second level||11'2 X 13'2|
Monthly Mortgage Payments
Thinking about buying 305 - 3 BRANDY LANE Drive -- 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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