111 - 255 John Street N, Stratford
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- Listed Since: March 8th 2019
Lovely ground floor condo located at Stratford's newest condominium community, the Villas of Avon. With a beautiful kitchen open to the dining and living room, the "Briarhill" is 1,226 sq ft with high end finishes throughout including hard surface flooring (carpet free), quartz counter top and more. Ground floor patio facing Charles St, master bedroom with a great ensuite, a guest bedroom, a second bathroom, plus a den, and all appliances are included. There are three common areas to enjoy, a party room, an exercise room, and an outdoor patio complete with gas bbq! What are you waiting for, give yourself a lifestyle of freedom, no more grass to cut or snow to shovel! Book a viewing today. (id:23309)
- Address: 111 - 255 JOHN STREET N
- Location: STRATFORD
- Ownership: CONDO CORPORATION
- MLS: 30717625
|Kitchen||Ground level||10' 0'' x 9' 6''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||12' 0'' x 9' 0''|
|Dining room||Ground level||18' 9'' x 10' 0''|
|Den||Ground level||10' 0'' x 10' 0''|
|Living room||Ground level||12' 3'' x 10' 0''|
|Master bedroom||Ground level||12' 0'' x 11' 0''|
|3pc Ensuite bath||Ground 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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