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Listed 1 month ago

251 - 156 Jozo Weider Boulevard

Blue Mountains, Blue Mountains

$359,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

LUXURIOUS ONE-BEDROOM RESORT CONDOMINIUM - Fully furnished one bedroom suite in the Grand Georgian. Own a vacation property with none of the work and receive rental income to help cover the cost of ownership. Located in the heart of Blue Mountain Village, Ontario's most popular four-season resort, this sensational Grand Georgian one-bedroom suite is equipped with a full kitchen, pull-out sofa, big roomy balcony and gas fireplace. Includes underground parking, ski locker, heated swimming pool for summer use, two year-round outdoor hot tubs, sauna, fitness room and steps away from the Silver Bullet Ski Lift. Blue Mountain Resorts offers an optional rental program to help offset the cost of ownership. HST is applicable but can be deferred by obtaining an HST number and participating in the rental pool. 2% Village Association fee is applicable and $1.10 per sq.ft. annually. All utilities included in condo fees.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$1,026
LockerEnsuite
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,642
mls© NumberX13723398
Listed ByEngel & Volkers Toronto Central
Heat Included
Hydro Included
Water Included
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,842
Property tax
$137
Heat allowance
$150
Condo fees, half counted
$513
Housing costs
$2,642 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $71,980
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,515 / mo
Cash down
$71,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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