1020 GODERICH STREET #302 Port Elgin
Up to 13 photos available.
- Listed Since: March 17th 2020
Get Ready for the Rise of Powerlink Residences, a Rare & Unique Opportunity in the Rapidly Growing Community of Port Elgin. Designed for those seeking a Convenient, Connected Lifestyle, Powerlink offers Great Benefits & Flexibility. Live, Work, Shop, Dine & Play, this Exciting Condominium Project is located in the heart of it all in Beautiful Saugeen Shores. Aesthetically pleasing building will feature 18 modern suites ranging in size from 1100-1900 sq. ft. Designed with open floor plans, 2 bedrooms, 2 bathrooms, master en-suites, walk-in-closets, 3 bedroom loft option, in-suite laundry & private balconies. Suites will feature many high quality finishes. Building Amenities include covered parking, secure entry, state of the art elevator, storage locker, large multi-use area, & seamless access to Powerlink Offices on the same site. Projected occupancy of Summer 2021. Reserve NOW to take advantage of Introductory Launch Pricing! *Pictures are sample only, models may differ. (id:23309)
- Address: 1020 GODERICH STREET #302
- Location: PORT ELGIN
- Ownership: CONDO CORPORATION
- MLS: 251312
|4pc Ensuite bath||Ground level||8' 1'' x 7' 3''|
|Other||Ground level||8' 1'' x 6' 5''|
|Master bedroom||Ground level||15' 1'' x 12' 1''|
|Bedroom||Ground level||12' 9'' x 9' 9''|
|Living room/Dining room||Ground level||17' 4'' x 14' 0''|
|4pc Bathroom||Ground level||9' 6'' x 7' 5''|
|Laundry room||Ground level||7' 5'' x 6' 2''|
|Kitchen||Ground level||17' 10'' x 9' 9''|
Monthly Mortgage Payments
Thinking about buying 1020 GODERICH STREET #302 -- 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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