208 - 35 St David Street Goderich
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- Listed Since: November 21st 2019
This lifestyle condominium offers the owner the opportunity of an quiet and fun living and is available immediately. This spacious two bedroom unit with an open concept livingroom, and dining/kitchen, large master bedroom and bathroom, has the convenience of an insuite laundry. Enjoy the view of the Goderich Square from your exclusive open balcony. Access by elevator makes this an accessible unit. With no maintenance to do and no land lease to pay this offers the retiree or executive a great affordable option. The affordable monthly fee covers maintenance and an ample fund of the future. (id:23309)
- Address: 208 - 35 ST DAVID STREET
- Location: GODERICH
- Ownership: CONDO CORPORATION
- MLS: 30724707
|Kitchen||Ground level||18' 0'' x 9' 0''|
|Living room/Dining room||Ground level||18' 0'' x 10' 0''|
|Master bedroom||Ground level||10' 6'' x 12' 0''|
|Bedroom||Ground level||12' 0'' x 10' 0''|
|4pc Bathroom||Ground level|
|Laundry room||Ground level|
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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