48 CLOVERHILL CRES Cookstown
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- Listed Since: November 13th 2019
Luxurious New Build Homes. Over 5000Sqft, 4 Car Grgs (Tandem), 5 Bedrooms & 5 Washrms. Grand Exterior W/Circ. Driveway That Can Accommodate 15 Cars. Situated On Large Premium Lot (76X226Ft). 5 Mins From Hwy 400 & Outlet Mall. Gracefully Decorated Interior W/ Over 150K Upgrades, Inls 10' Ceiling On Main & 9' Ceiling On 2nd Flr, Built-In App, Chandelier Lighting, Hardwood Flr, Stacked Upper Cabinets, Crown Molding, Glass Shower Encl., Heated Towel Rack & More.**** EXTRAS **** Fridge, Stove, Dishwasher, Washer & Dryer, A/C, Fsh Air Exchanger, Watersofter, Window Covering, Security Alarm & Cameras, And Gazebo. Excl: Wall Mounted Clock & Mirrors, And Smart Lock. Exclude: Automatic Toilet Seat (id:23309)
- Address: 48 CLOVERHILL CRES
- Location: INNISFIL
- Ownership: FREEHOLD
- MLS: N4633334
|Great room||Main level||6.23 m x 3.96 m|
|Library||Main level||3.96 m x 3.35 m|
|Living room||Main level||5.18 m x 3.99 m|
|Dining room||Main level||4.99 m x 3.96 m|
|Kitchen||Main level||3.23 m x 5.46 m|
|Eating area||Main level||4.72 m x 4.87 m|
|Bedroom 5||Second level||4.57 m x 5.42 m|
|Bedroom 4||Second level||5.42 m x 3.96 m|
|Bedroom 3||Second level||3.96 m x 5.85 m|
|Bedroom 2||Second level||5.11 m x 4.14 m|
|Master bedroom||Second level||6.4 m x 4.87 m|
Monthly Mortgage Payments
Thinking about buying 48 CLOVERHILL CRES -- lets calculate some 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.
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