1087 Ormond Dr, Other

We have found 6 Houses that closely match the specifications of the property located at 1087 Ormond Dr with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 649,000 and 999,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L1K0E7 postal code area of Other Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1087 Ormond Dr. The current price of the property is $749,999, 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 $599,999. This would result in a monthly mortgage payment of $3,507 over a 25-year amortization period.