202 Sunnyside Drive Midland
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- Listed Since: November 12th 2019
Top 5 Reasons You Will Love This Home: 1) Perfect opportunity for first-time home buyers or those looking to downsize 2) Newly widened driveway w/ a landscaped Armour stone retaining wall 3) Selection of updates throughout incl. a new gas fireplace (2017) and new laminate flooring (2019) 4) Highly sought-after neighbourhood & stunning views of Georgian Bay 5) Ideally located for outdoor enthusiasts w/ quick access to the Simcoe Loop Trail & a marina. Age 69. For info, photos & video, visit our website. (id:23309)
- Address: 202 SUNNYSIDE DRIVE
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 30777541
|Dining room||Ground level||3.84m x 2.26m|
|Family room||Ground level||4.9m x 3.18m|
|Master bedroom||Ground level||4.01m x 2.87m|
|Laundry room||Ground level||1.85m x 1.73m|
|Bedroom||Ground level||4.65m x 3.58m|
|4pc Bathroom||Ground level|
|Kitchen||Ground level||4.34m x 3.28m|
Monthly Mortgage Payments
Thinking about buying 202 Sunnyside Drive -- lets calculate some 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.
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