5223 TRAFALGAR RD, Erin
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- Listed Since: September 7th 2019
Your Very Own Mailbox! A Really Long Clothesline Off The Porch...A Huge Totally Private Backyard... And Fully Fenced To Keep Your 2 And 4 Legged Creatures Safe & Sound! This Is A True 3+1 Bdrm Bungalow With A Really Good Floor Plan. The Master Bdrm Is A Full Wing Of The House With A Huge Walk In Closet, A Private 4Pc Bath. On The Other Side Of Home Are 2 Bdrms & 4Pc Bath, A Fully Finished Bsmt. Big Garage/Workshop & 2 Other Sheds,**** EXTRAS **** A Lovely Gazebo Hidden In The Big Trees. Circular Driveway. Central Air, Fridge, Stove, Bi Dw, Washer, Dryer, Freezer, Elfs, Window Coverings, Water Softener, Gdo & 1 Remote, Water Purfier. Hwt(R) (id:23309)
- Address: 5223 TRAFALGAR RD
- Location: ERIN
- Ownership: FREEHOLD
- MLS: X4569389
|Recreational, Games room||Basement||7.46 m x 6.97 m|
|Bedroom 4||Basement||5.25 m x 3.78 m|
|Bedroom 3||Main level||3.36 m x 2.74 m|
|Bedroom 2||Main level||3.42 m x 3.01 m|
|Master bedroom||Main level||4.08 m x 3.9 m|
|Kitchen||Main level||4.71 m x 3.23 m|
|Dining room||Main level||3.27 m x 2.72 m|
|Living room||Main level||5.21 m x 4.12 m|
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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