63 COLLINGWOOD STREET E, Meaford
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- Listed Since: September 12th 2019
HARBOURFRONT LOCATION: while needing some upgrades, this 4 bedroom home at the corner of Bayfield St. and Collingwood St.E., is ideally located by Meaford Harbour and only one block from Meaford Hall arts and cultural centre and the main street with all its shopping and dining amenities. There are views of the harbour and the lake from many rooms in the house, a feature not offered by many homes and for some an immeasurable yet undeniable aesthetic; come see for yourself ...... For info & photos, visit our website. (id:23309)
- Address: 63 COLLINGWOOD STREET E
- Location: MEAFORD
- Ownership: FREEHOLD
- MLS: 221333
|Dining room||Ground level||10' 6'' x 15' ''|
|Other||Ground level||76' '' x 12' 6''|
|3pc Bathroom||Ground level|
|Bedroom||Ground level||10' 6'' x 11' ''|
|Kitchen||Ground level||10' '' x 12' 6''|
|Living room||Ground level||10' 6'' x 14' 3''|
|Bedroom||Second level||10' 6'' x 13' ''|
|Bedroom||Second level||10' '' x 13' ''|
|Bedroom||Second level||8' 6'' x 9' ''|
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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