11 KNOX DRIVE, Elmvale
Up to 23 photos available.
- Listed Since: October 11th 2018
You Will Love This Home In The Heart Of Elmvale. Located In A Great Family Neighbourhood. This 3 Bedroom, 2 Bath Brick Bungalow Features Hardwood Floors, Large Living Room, Master Bedroom With Ensuite, Fully Fenced Backyard, Double Car Inside Entry Garage And A Large Open Basement With Plenty Of Storage And Room For An Extra Bedroom. This One Wont Last Long. Book Your Appointment Today. For More Photos And Video Tour Please Visit The Website. Note: ** Sq. Ft. Measures On Realtor.Ca Are Exterior, Not Interior. ** 24 Hours Irrevocable On All Offers ** (id:23309)
- Address: 11 KNOX DRIVE
- Location: ELMVALE
- Ownership: FREEHOLD
- MLS: 158471
|Foyer||Ground level||6' '' x 5' 5''|
|Eat in kitchen||Ground level||19' 4'' x 10' 10''|
|Bedroom||Ground level||12' 1'' x 11' ''|
|Living room/Dining room||Ground level||21' '' x 15' 6''|
|4pc Bathroom||Ground level||' '' x ' ''|
|Bedroom||Ground level||12' '' x 10' ''|
|4pc Ensuite bath||Ground level||' '' x ' ''|
|Bedroom||Ground level||16' '' x 10' ''|
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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