302694 DOUGLAS STREET #14 Durham
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- Listed Since: November 22nd 2019
Located in a quiet permanent residence mobile home park with a beautiful country view. Spacious and comfortable with beautiful walnut laminate flooring. Maple cabinets in kitchen, bathroom and laundry area. Family room opens into main living area or through patio doors to 14 x 27 rear deck. This home was professionally renovated inside and out in 2009 including addition of family room, all cabinets, flooring, insulation and roof. Includes all appliances, blinds and drapes, newer gazebo with retractable roof (2018). Move in condition. Beautiful perennial gardens. Excellent location for semi/retired. Just minutes away from shopping, hospitals & golfing. Very inexpensive living. Buyers must be approved by Park owners. (id:23309)
- Address: 302694 DOUGLAS STREET #14
- Location: WEST GREY
- Ownership: LEASED LAND
- MLS: 234648
|Living room||Ground level||17' x 13'|
|Kitchen||Ground level||14' x 13'|
|Bedroom||Ground level||10' x 11'|
|Bedroom||Ground level||15' 6'' x 10'|
|Family room||Ground level||13' x 13'|
|4pc Bathroom||Ground level||7' 6'' x 8' 2''|
Monthly Mortgage Payments
Thinking about buying 302694 DOUGLAS STREET #14 -- 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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