2 Water Street Unit 13, Lakefield

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2 Water Street Unit 13. The current price of the property is $534,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $427,920. This would result in a monthly mortgage payment of $2,501 over a 25-year amortization period.