1043 INGRAM CRESCENT Midland

$424,900
- Listed Since: November 14th 2019
Top 5 Reasons You Will Love This Home: 1) Updated home situated in the desirable, west end neighbourhood of Midland 2) Renovated kitchen boasting white quartzite countertops & upgraded appliances 3) Large, open-concept living room featuring a gas fireplace & crown moulding 4) Lower level offering a walk-up & a secluded family bedroom 5) Spacious backyard & just a short distance to all major amenities. Age 56. (id:23309)
- Address: 1043 INGRAM CRESCENT
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 231864
This home is located in Midland Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.
Kitchen | Ground level | 15' 2'' x 9' 9'' |
Living room/Dining room | Ground level | 21' 3'' x 13' 0'' |
Foyer | Ground level | 12' 0'' x 6' 7'' |
Bedroom | In between | 11' 0'' x 7' 6'' |
Master bedroom | Second level | 14' 9'' x 10' 8'' |
Bedroom | Second level | 12' 0'' x 9' 8'' |
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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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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