107 ESCARPMENT CRESCENT Collingwood
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- Listed Since: March 3rd 2020
Semi-detached townhouse with 3 bedrooms and 3 bathrooms in Cranberry Village - almost 1500 sq.ft. to accommodate down-sizing and simplifying. Open concept main floor with maple kitchen, wood burning fireplace, California shutters, laminate flooring. Handy 3 piece washroom, furnace room & storage. Upstairs are 3 generous bedrooms and 2 full bathrooms - master has ensuite access. Newer stacking laundry and newly installed "Bath Fitter" remodel in main bathroom. DECLARATION FORM MUST BE COMPLETED PRIOR TO SHOWING APPOINTMENT CONFIRMATION (id:23309)
- Address: 107 ESCARPMENT CRESCENT
- Location: COLLINGWOOD
- Ownership: CONDO CORPORATION
- MLS: 247144
|Living room/Dining room||Ground level||23' 2'' x 19' 10''|
|Kitchen||Ground level||15' 6'' x 7' 9''|
|3pc Bathroom||Ground level|
|Storage||Ground level||8' x 4'|
|Bedroom||Second level||11' 2'' x 9' 4''|
|Master bedroom||Second level||13' 4'' x 10' 1''|
|Bedroom||Second level||13' 4'' x 10' 6''|
|3pc Ensuite bath||Second level||9' 7'' x 7' 3''|
|4pc Bathroom||Second level||8' 10'' x 7' 4''|
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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