1070 WOOD ST, Churchill
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- Listed Since: May 16th 2018
Calling All First Time Buyers, Retirees & Investors! Charming Open Concept Lakeside Home Only 10 Min To Hwy 400. 3 Beds, 1 Bath, Fully Renovated With Beautiful New Kitchen, Stainless Steel Appliances, Gleaming Floors, Office Space, Multiple Entertainment Decks & Gas Fireplace. Large Corner Lot. Great Home, Cottage Or Vacation Rental. Enjoy Lake Living Close To The City. Shared Dock/Park ($200/Yr Fee To Join Bayview Beach Resident's Assoc.) Walk To Boat Launch **** EXTRAS **** Fridge, Stove, Microwave, Washer (As Is) Dryer, Elfs, Water Softener, Reverse Osmosis System In Kitchen. Main Heating Gas Fireplace With Backup Electric Baseboard. 10X20 Ft Shop With Hydro. (id:23309)
- Address: 1070 WOOD ST
- Location: INNISFIL
- Ownership: FREEHOLD
- MLS: N4129408
|Bedroom 2||Main level||2.39 m x 2.79 m|
|Master bedroom||Main level||2.9 m x 3.72 m|
|Kitchen||Main level||3.16 m x 2.76 m|
|Living room||Main level||4.64 m x 3.94 m|
|Bedroom 3||Main level||3.48 m x 2.42 m|
|Office||Main level||2.29 m x 3.06 m|
Monthly Mortgage Payments
Thinking about buying 1070 WOOD ST -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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