5 LYNDEN Street, Collingwood, Ontario, L9Y 0C3
Up to 30 photos available.
Enjoy open concept living in this popular 'Sheridan' model in high demand neighborhood of Lockhart Meadows. The main floor living space boasts an eat-in kitchen w/stainless appliances, ceramic tile & laminate flooring and patio doors leading to a large, partially fenced back yard. Upstairs you will find a spacious master bedroom w/ensuite, and 2 additional generous sized bedrooms, laundry & guest bath. A fully finished lower level boasts a good size rec room, storage & rough-in bath. The main floor was freshly painted (Nov. '16) and approx $25K in other improvements since owner originally purchased. Book your private showing today!
This residential home is located in a wonderful town known as Collingwood Ontario. To learn more about how to purchase this real estate property contact Brandon -- he would be more than happy to assist you.
|Recreational, Games room||Basement||15'9 X 21'5 IRREG|
|Living room||Main level||12 X 16'|
|Kitchen||Main level||11' X 10'9|
|Dining room||Main level||9'8 X 8'10|
|Bath (# pieces 1-6)||Main level||2 PC|
|Master bedroom||Second level||17 X 13'7|
|Laundry room||Second level||5'5 X 2'11|
|Ensuite (# pieces 2-6)||Second level||4 PC|
|Bedroom||Second level||10'2 X 11'10|
|Bedroom||Second level||12'1 X 9'1|
|Bath (# pieces 1-6)||Second level||4 PC|
Monthly Mortgage Payments at 2.44
Thinking about buying this home in Collingwood -- lets calculate some mortgage 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.