102 - 1 POND VIEW Drive Wellesley
Up to 40 photos available.
- Listed Since: March 23rd 2020
RETIRE IN LUXURY in tranquil Wellesley at Pond View Village! This lovely open-concept condo is the "Lilac" model and boasts 1065 sq feet with walk-out to large concrete patio with water access, spacious master bedroom with ensuite, powder room and stackable washer/dryer, bedroom/den with large windows, bright kitchen with lots of cupboards and counter space, dining area large enough to host family gatherings, welcoming living room, underground parking and storage locker. CAREFREE LIVING! (id:23309)
- Address: 102 - 1 POND VIEW DRIVE
- Location: WELLESLEY
- Ownership: CONDO CORPORATION
- MLS: 30799193
|Living room/Dining room||Ground level||16' 4'' x 18' 6''|
|2pc Bathroom||Ground level|
|Den||Ground level||11' 6'' x 8' 6''|
|Eat in kitchen||Ground level||20' 0'' x 7' 6''|
|4pc Ensuite bath||Ground level|
|Master bedroom||Ground level||10' 6'' x 16' 0''|
Monthly Mortgage Payments
Thinking about buying 102 - 1 POND VIEW 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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