281 CEDAR AVE, Meaford
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- Listed Since: August 10th 2018
Winterized Private Home On Georgian Bay, Double Lot, 110Ft Frontage, Clean, Open Concept, Boathouse, Private Beach, Flat, Walk In Entry To Water, Separate Bunkie/Workshop, 2Bed Main Fl, Separate Master Suite Upstairs W Priv Balcony, 2 Closets & 2Pc Ensuite, Mins To Town, Year Round Road Access, Hardwood Floors, Propane Stone Fireplace, Main Fl Laundry, Unobstructed Views & Huge Private Deck, 3 Hrs From Downtown To, Sauna, Flat, Treed Grounds, Low Maint**** EXTRAS **** All Appliances, Fridge, Stove, Dishwasher, Washer And Dryer, Sauna, New Roof On Main Bldg (2017), Bunkie/Workshop And Garden Shed, Boathouse With Rail, All Elfs, Cistern, Fee For Private Road Snow Removal& Garbage Pickup $150 /Yr (id:23309)
- Address: 281 CEDAR AVE
- Location: MEAFORD
- Ownership: FREEHOLD
- MLS: X4216215
|Family room||Main level||7.7 m x 7.19 m|
|Dining room||Main level||3.69 m x 3.03 m|
|Kitchen||Main level||2.75 m x 2.71 m|
|Bedroom||Main level||4.02 m x 3.35 m|
|Bedroom||Main level||3.32 m x 1.95 m|
|Laundry room||Main level||5.3 m x 2.36 m|
|Master bedroom||Second level||5.48 m x 3.44 m|
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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