555 Highway 11, Cochrane

We have found 2 Houses that closely match the specifications of the property located at 555 Highway 11 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 229,900 and 425,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the P0L1C0 postal code area of Cochrane Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 555 Highway 11. The current price of the property is $309,900, 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 $247,920. This would result in a monthly mortgage payment of $1,449 over a 25-year amortization period.