200 HARBOUR STREET #203 Kincardine
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- Listed Since: February 12th 2020
Enjoy life at it's finest overlooking Lake Huron and it's magnificent sunsets, from this recently updated, 2 bedroom, 2 bathroom condo. Updates include new laminate flooring throughout, new baseboard trim, propane fireplace with floor-to-ceiling stone surround, 2 new heat pumps. Stove, dishwasher, washer, dryer [all 2018], hot water heater  and bedroom blinds . Get your game on at the newly, re-surfaced municipal tennis courts across the street, or catch the action from your 152 square foot covered balcony. Steps to restaurants, shopping, theatre and all the summer events and festivals. The entire exterior of the building was updated over the past 5 years including insulation, siding, new rubber shingle roof, rough-in for heat pumps and propane and new landscaping. Pride of ownership shows throughout. With the exclusive use of one underground parking space and storage locker, an excellent investment opportunity awaits with an existing, long term tenant in place. (id:23309)
- Address: 200 HARBOUR STREET #203
- Location: KINCARDINE
- Ownership: CONDO CORPORATION
- MLS: 243821
|Eat in kitchen||Ground level||13' x 8' 4''|
|Living room/Dining room||Ground level||23' x 21' 5''|
|Master bedroom||Ground level||17' 8'' x 12' 2''|
|Bedroom||Ground level||15' 4'' x 9'|
|Laundry room||Ground level||7' x 6'|
|Foyer||Ground level||6' x 5' 2''|
|4pc Bathroom||Ground level||8' x 5'|
|5pc Ensuite bath||Ground level||10' x 6'|
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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