18 GORDON CRESCENT Meaford
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- Listed Since: March 25th 2020
TO BE BUILT. Smart design in this new build in a quiet modern development. Central location means you can walk everywhere and most conveniently you can find dining spots, coffee and beer and a pharmacy. Easy to care for brand new home with double garage and full basement ready for your ideas. Open concept living, 3 spacious bedrooms, 2 bath (master has en-suite). Finished with lovely hardwood flooring, upgraded cabinets and granite counters. 2 car garage with loads of height to store bikes and kayaks etc. Price plus HST. (id:23309)
- Address: 18 GORDON CRESCENT
- Location: MEAFORD
- Ownership: FREEHOLD
- MLS: 252771
|Living room/Dining room||Ground level||29' x 13'|
|Bedroom||Ground level||11' x 9' 5''|
|Kitchen||Ground level||13' 5'' x 13'|
|Bedroom||Ground level||11' x 11' 5''|
|Master bedroom||Ground level||13' 6'' x 11' 2''|
|4pc Bathroom||Ground level|
|3pc Ensuite bath||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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