1110 Lindy Lane, Gilford
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- Listed Since: June 14th 2018
This cute 2 bedroom bungalow is in a fantastic location steps from Lake Simcoe for Ice Fishing in the Winter or Boating and Swimming in the Summer. Lots of parking for your toys or guests spending the day. This home is great for both new families or empty nesters looking for afforable living. It is surrounded by newer estate subdivisions. Currently tenanted. (id:23309)
- Address: 1110 LINDY LANE
- Location: INNISFIL
- Ownership: FREEHOLD
- MLS: 30666088
|Eat in kitchen||Ground level||19' 6'' x 8' 8''|
|Master bedroom||Ground level||13' 0'' x 8' 0''|
|Bedroom||Ground level||10' 8'' x 8' 0''|
|Mud room||Ground level||10' 0'' x 6' 8''|
|Sunroom||Ground level||9' 3'' x 9' 0''|
|4pc Bathroom||Ground level|
|Living room||Ground level||19' 6'' x 11' 0''|
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
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- 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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