2550 Simcoe Street St 1216, Other

We have found 6 Houses that closely match the specifications of the property located at 2550 Simcoe Street St 1216 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 879,000 and 950,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L1L0R5 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 2550 Simcoe Street St 1216. The current price of the property is $699,000, 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 $559,200. This would result in a monthly mortgage payment of $3,269 over a 25-year amortization period.