118 WINTER Court Clinton
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- Listed Since: March 20th 2020
SUPERB BUNGALOW ON A QUIET STREET IN ONE OF CLINTONS MOST DESIRABLE AREAS. This property is move-in ready and is the perfect place to call home. Inviting entrance leads you into a cozy living room with a huge window allowing ample sunlight, Country sized eat-in kitchen with an abundance of cupboards, island with built-in oven range, and newer patio door leading to deck and fenced in backyard. Down the hall, you will encounter 3 good size bedrooms and the main 4pc bathroom. The lower level which adds extra room for the growing family has fully finished with a built-in bar, 4th bedroom, and 3 piece bath. With interest rates at an all-time low, there's in no better time to jump into the market. -- (id:23309)
- Address: 118 WINTER COURT
- Location: CLINTON
- Ownership: FREEHOLD
- MLS: 30799179
|Living room||Ground level||20' 0'' x 11' 7''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||12' 0'' x 10' 0''|
|Bedroom||Ground level||10' 2'' x 15' 4''|
|Bedroom||Ground level||11' 8'' x 15' 1''|
|Kitchen||Ground level||18' 0'' x 13' 0''|
|3pc Bathroom||Lower level|
|Office||Lower level||8' 4'' x 8' 4''|
|Recreation room||Lower level||35' 0'' x 15' 1''|
|Bedroom||Lower level||10' 0'' x 10' 0''|
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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