208 Otter Street, Banff

We have found 4 Houses that closely match the specifications of the property located at 208 Otter Street with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 1,599,995 and 1,999,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T1L1A2 postal code area of Banff Alberta Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 208 Otter Street. The current price of the property is $1,550,000, 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 $1,240,000. This would result in a monthly mortgage payment of $7,248 over a 25-year amortization period.