44 PARKVIEW Avenue Meaford Ontario
Up to 30 photos available.
Stunning Triple brick century home located in desirable cul-de sac location on spacious ravine lot with views over Beautiful Joe Park. Main floor boasts 9'9'ceilings with crown moldings an eat in kitchen, with updated kitchen counters and patio door to stone patio, living room off kitchen area and formal dining room with cast iron repro. period gas f/p. Main floor fully renovated bathroom with walk in glass shower and slate floors and handy main floor laundry. 2nd level offers 4 bedrooms, one currently used as an office, updated bathroom with claw tub and stairs to amazing loft space, ideal for future finished space. Home has been painted from top to bottom and offers original wide planked pine floors, new furnace (2017), new rugs in living room and has been lovingly maintained over the years. The stunning professionally landscaped perennial gardens and the views from the hot tub (with new pump, heater and computer in 2017) will take your breath away.
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Meaford -- lets calculate some mortgage payment options and see if purchasing this home can become a reality.
- 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.