2 Meadow Lane, Belwood
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- Listed Since: June 11th 2019
Stunning bungalow in Pine Meadows Community, offers retirement living at its best. This lovely two bedroom bungalow is cozy yet spacious. The beautiful kitchen has an abundance of cupboards and counter space, a breakfast bar and lots of natural light. Overlooking the dining area, this space allows for easy entertaining. This home offers good size bedrooms, two full bathrooms and more space on the lower level that would be perfect for just about anythingquilting, a pool table, a little indoor putting green. Just use your imagination. Being part of this great community affords you the opportunity to give up the grass cutting and snow shoveling. Pine Meadows takes care of the chores while you enjoy retirement. All the luxury you want in one community. Tennis, woodwork shop, library, pool, hot tub, sauna, rec-centre, events...... all at your front door. (id:23309)
- Address: 2 MEADOW LANE
- Location: BELWOOD
- Ownership: FREEHOLD
- MLS: 30743622
|Living room||Ground level||13' 6'' x 13' 0''|
|Dinette||Ground level||10' 0'' x 13' 1''|
|Kitchen||Ground level||11' 0'' x 13' 1''|
|Master bedroom||Ground level||13' 8'' x 13' 1''|
|Bedroom||Ground level||12' 9'' x 13' 1''|
|4pc Bathroom||Ground level|
|4pc Bathroom||Ground level|
|Laundry room||Ground level||6' 0'' x 6' 6''|
Monthly Mortgage Payments
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- Down Payment
The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.
- Mortgage Insurance
Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.
- Mortgage Rate
The rate of interest you will pay on the outstanding balance of your mortgage.
- Mortgage Type
The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.
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