20 STARBOARD RD Collingwood
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- Listed Since: March 17th 2020
Large 3 Bedroom Condo In Collingwood's Georgian Bay Dockside Village Waterfront Development. This Condo Features Lake/Beach Access With Place To Store Your Kayak Or Paddle Boards. Waterfront Decks, Pool, Tennis Courts With A Relaxing Lakeside Feel. This Unit Has A Treed Deck In Back, Good Sized Bedrooms, 3 Baths, Coffee Deck In Front. Recently Painted & Taken Great Care Of. Close To Ski Hills, Scandanave Spa & Downtown Collingwood!!**** EXTRAS **** All Existing Appliances, Fridge, Store, Dishwasher, Washer, Dryer, All Elfs Included. Furniture Can Be Included And Negotiable. (id:23309)
- Address: 20 STARBOARD RD
- Location: COLLINGWOOD
- Ownership: CONDO CORPORATION
- MLS: S4723835
|Family room||Lower level||14 m x 12 m|
|Living room||Main level||17.8 m x 12.6 m|
|Other||Main level||8.99 m x 6.99 m|
|Dining room||Main level||12.7 m x 9.51 m|
|Kitchen||Main level||9.51 m x 10 m|
|Bedroom 3||Upper Level||8.99 m x 8.99 m|
|Bedroom 2||Upper Level||10 m x 10 m|
|Master bedroom||Upper Level||14.9 m x 12.7 m|
Monthly Mortgage Payments
Thinking about buying 20 STARBOARD RD -- lets calculate some payment options and see if purchasing this condo 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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