20 MONTCLAIR MEWS Collingwood
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- Listed Since: May 19th 2020
Enjoy the Shipyards Waterfront Community in this adorable 2 Storey 3 bdrm Townhouse. Features rich finishes throughout, c/w 6 appliances, an island/breakfast bar, granite countertops, open concept dining/living room equipped with a gas f/p & patio door to oversized decking, 9 ft ceilings & hardwood flooring on the main flr, upstairs the spacious master bdrm comes with a private ensuite bath, California Shutters & Hunter Douglas window coverings, covered front porch, double car garage & unfinished laundry room in the lower level that can be finished for ski tuning or additional storage for the active family. Relax & enjoy the Waterfront Lifestyle, easy access to the nearby amphitheater or stroll the historic downtown core & visit restaurant/shops, discover Arts & Theatre, the local harbour or explore the nearby trails. View HD Video Tour & call for more details. (id:23309)
- Address: 20 MONTCLAIR MEWS
- Location: COLLINGWOOD
- Ownership: CONDO CORPORATION
- MLS: 260266
|Kitchen||Ground level||8' x 9'|
|2pc Bathroom||Ground level|
|Great room||Ground level||10' x 15'|
|Living room||Ground level||12' x 18' 6''|
|Master bedroom||Second level||14' 6'' x 10' 6''|
|Bedroom||Second level||9' x 8' 6''|
|Bedroom||Second level||8' 8'' x 10'|
|4pc Bathroom||Second level|
|3pc Bathroom||Third level|
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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