103 EMPIRE LANE, Meaford
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- Listed Since: May 15th 2019
Immaculately maintained bungaloft unit in Gates of Kent. Engineered hardwood, ceramic and carpet flooring. Built in 2014 this unit shows like new. It has been freshly painted. Spacious kitchen with lots of cupboards and counter space as well as upgraded appliances. Open concept design with walkout to covered, private deck. Main floor laundry as well as master bedroom with walk in closet and ensuite bath complete the main level. 2 level includes bedroom, 4 piece bath and spacious loft area. Single car garage with access to the unit as well as to the crawl space area which provides lots of storage. Condo fee includes snow removal to your door steps and landscaping in the summer. Don't miss this opportunity. (id:23309)
- Address: 103 EMPIRE LANE
- Location: MEAFORD
- Ownership: CONDO CORPORATION
- MLS: 194028
|Kitchen||Ground level||14' 1'' x 12' ''|
|Dining room||Ground level||10' '' x 10' 4''|
|Master bedroom||Ground level||12' 1'' x 11' 3''|
|5pc Bathroom||Ground level|
|Living room||Ground level||14' 3'' x 13' 3''|
|Bedroom||Second level||11' 6'' x 8' 8''|
|Loft||Second level||14' 8'' x 14' ''|
|4pc Bathroom||Second 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
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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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