88 WATERFORD DR, Erin
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- Listed Since: January 22nd 2019
More Than A Pretty Face! This Move In Ready 4 Bedroom Backsplit Has All The Gloss Of Hardwood, Quartz, Tile, Etc....But Unlike All Those Staged Lipsticked Homes This One Has New Mechanics. Professionally Renovated From Top To Bottom On A Desirable Cul De Sac, Walking Distance To Quaint Downtown Erin. Separate Basement Entrance.Open Concept Kitchen/ Great Room With Quartz Counters, Ss Appliances, Hardwood Floors & Fireplace.**** EXTRAS **** New Roof, Windows, Doors, Furnace, Kitchen, Bathrooms, Floors, Electrical (200 Amp) (id:23309)
- Address: 88 WATERFORD DR
- Location: ERIN
- Ownership: FREEHOLD
- MLS: X4342456
|Bedroom 4||Lower level||3.79 m x 2.59 m|
|Family room||Lower level||5.37 m x 3.76 m|
|Kitchen||Main level||4.66 m x 3.06 m|
|Great room||Main level||6.18 m x 4.77 m|
|Bedroom 3||Upper Level||3.96 m x 2.79 m|
|Bedroom 2||Upper Level||2.75 m x 2.88 m|
|Master bedroom||Upper Level||3.92 m x 3.98 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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