1637 CONCESSION 5 Kincardine
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- Listed Since: May 21st 2020
Enjoy lakeside living in this executive home built in 2017. Just a three minute walk to the beach and a five minute drive into Kincardine. Located on a paved road with municipal water, you will enjoy the outdoor space with covered decks all around and a very private back yard. The home has three bedrooms and three baths and a 900 sq ft garage with loft. Enter into a main floor open concept space with vaulted ceilings, propane fireplace and custom kitchen with quartz counter tops. The master bedroom, custom walk thru closets and ensuite are on the main floor as well. The stained maple staircase leads you up to an open loft and two additional bedrooms. Emergency power connection is available and the furnace is ready for gas conversion. The Listing REALTOR® owns the property. (id:23309)
- Address: 1637 CONCESSION 5
- Location: KINCARDINE
- Ownership: FREEHOLD
- MLS: 260606
|Dining room||Ground level||13' x 12'|
|Kitchen||Ground level||15' x 11'|
|Living room||Ground level||18' x 13'|
|2pc Bathroom||Ground level||4' x 5'|
|4pc Ensuite bath||Ground level||14' x 11'|
|Master bedroom||Ground level||12' x 11'|
|Laundry room||Ground level||12' x 14'|
|Bedroom||Second level||11' x 11'|
|Loft||Second level||15' x 19'|
|4pc Bathroom||Second level||6' x 8'|
|Bedroom||Second level||12' 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
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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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