323 JOHN STREET Midland
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- Listed Since: December 3rd 2019
RARELY OFFERED SOLID BUNGALOW ON ONE OF THE NICEST STREETS IN EAST END MIDLAND; UPDATED WINDOWS, SHINGLES & FORCED AIR GAS FURNACE; FEATURES INCLUDE A BRIGHT OPEN EAT-IN KITCHEN; HARDWOOD UNDER CARPET ON MAIN FLOOR; LARGE PRINCIPAL ROOMS; SEPARATE ENTRANCE TO FINISHED BASEMENT WITH HUGE REC ROOM WITH GAS FIREPLACE; SEPARATE UTILITY ROOM WITH WINDOW THAT COULD BE TURNED INTO AN EXTRA BEDROOM; LARGE LAUNDRY & COLD ROOM; SPACIOUS BATHROOM WITH SHOWER & SAUNA; PLENTY OF STORAGE SPACE; 200 AMP BREAKER PANEL; THE WELL CARED FOR LOT HAS A PRIVACY HEDGE; DECK & STORAGE SHED; ATTACHED GARAGE & CARPORT WITH PLENTY OF PARKING; WON'T LAST LONG; CALL TO VIEW ASAP! (id:23309)
- Address: 323 JOHN STREET
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 235762
|Laundry room||Basement||12' x 7'|
|Recreation room||Basement||37' x 11' 5''|
|Utility room||Basement||14' x 12'|
|3pc Bathroom||Basement||11' 10'' x 9' 8''|
|Sauna||Basement||7' x 6' 3''|
|Living room||Ground level||15' 8'' x 12' 8''|
|3pc Bathroom||Ground level||10' 11'' x 7' 8''|
|Bedroom||Ground level||12' 7'' x 8' 3''|
|Bedroom||Ground level||11' x 9' 2''|
|Master bedroom||Ground level||14' x 13' 3''|
|Kitchen||Ground level||20' x 11' 4''|
Monthly Mortgage Payments
Thinking about buying 323 JOHN STREET -- 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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