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Listed 3 months ago

449 - 156 Jozo Weider Boulevard

Blue Mountains, Blue Mountains

$565,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Top floor, end unit, 2 bedroom, 2 bath resort home in the desirable Grand Georgian! The full kitchen allows families to dine in and enjoy the privacy of your own space, when not eating out, in one of the many fabulous Village restaurants. This unit provides sleeping for up to 6, with king bed in primary room, queen in second bedroom and pull out in living room. A large balcony of this 4th floor condo, off the living area, is perfect for watching the many events that take place in the Events Plaza. This property was beautifully updated just a few years ago, including the Main Lobby of the building and offers a very welcoming atmosphere. Amenities include a seasonal outdoor swimming pool, 2 year round hot tubs, an indoor sauna and exercise room as well as a large Owners private meeting room right off the lobby. A heated underground parking area, owner's ski locker plus an owners in-unit lock up closet are added assets. Ownership opportunity provides a fully managed, turn key rental program for short term rental allowing owners to generate income to offset operating costs, while still having the benefit of booking personal use for up to 10 days per month. The Grand Georgian is located right in the center of the Village and has direct access from one exit right out to the action, only steps to the ski hills, trails and numerous shops, boutiques, bars and dining options. BMVA Entry fee on closing. Annual fees $1.08 per sq. ft. annually. HST applicable but can be deferred.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size800-899 sq. ft.
Maintenance Fees$1,472
LockerEnsuite+Exclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground, Unreserved
Property Tax$2,328
mls© NumberX13517566
Listed ByChestnut Park Real Estate
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included
CAC Included

Listing History

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  • 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%
$2,892
Property tax
$194
Heat allowance
$150
Condo fees, half counted
$736
Housing costs
$3,972 / mo

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

Down payment20% · $113,000
25-yr amortization

Income needed

$122,000

gross annual household income

Payment at 4%
$2,378 / mo
Cash down
$113,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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