LOT 55 ELM ST, Dundalk
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- Listed Since: July 9th 2019
Move-In In 2019! Brand New All Brick Executive Home By Flato's Developments, Master Plan In Village Of Dundalk. Detached Double Garage W/ Direct Access To House, Premium Spacious 52Ft X 124Ft Lot, 2497 Sf Banff Model. All Bricks, 9 Ft Ceiling On Main Floor. Bigger Home! Smaller Price! Bigger Space! Great Value, Excellent Incentives, Find Out Today!!**** EXTRAS **** Upgraded With: S/S Vent Hood, Hardwood Fl On Main Fl/ Oak Stairs & Railings, 9 Ft Ceiling On Main Fl,R/I 3 Pcs And Cold Cellar In Bsmt, 39"" Extended Kitchen Cabinets, Direct Access From Garage, Side Door Entrance To Mud Rm. (id:23309)
- Address: LOT 55 ELM ST
- Location: SOUTHGATE
- Ownership: FREEHOLD
- MLS: X4510880
|Living room||Main level|
|Dining room||Main level|
|Family room||Main level|
|Eating area||Main level|
|Bedroom 4||Second level|
|Bedroom 3||Second level|
|Bedroom 2||Second level|
|Master bedroom||Second 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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