616 WAYNE Crescent Midland
$749,777
Location! Location! Location! Lovely all-brick family home located on a nice quiet, private street, walking distance to all amenities. Features include: eat-in kitchen area, living & dining area, hardwood floors, 2 baths, 3+ bedrooms, fully finished basement, rec room, gas fireplace, office area, in-law potential. Gas heat, central air, 2 car garage, paved driveway, deck & storage shed, lots of upgrades, too much to mention here. Don't wait - call today! (id:25417)
- 4 Bedrooms
- 2 Bathrooms
- 1,150 Square Feet
- $3,606 / month (estimated mortgage)
- Listing ID: 40365195
- Listed On: JANUARY 13TH 2023
- Address: 616 WAYNE CRESCENT
- Location: MIDLAND
- Postal Code: L4R 5E2
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KING ST TO GALLOWAY ST TO WAYNE CRES
| Rooms | Levels | Dimensions |
|---|---|---|
| Laundry room | Basement | 12'1'' x 7'9'' |
| 3pc Bathroom | Basement | 6'9'' x 7'1'' |
| Office | Basement | 7'11'' x 11'7'' |
| Recreation room | Basement | 13'5'' x 11'7'' |
| Family room | Basement | 12'0'' x 15'8'' |
| Bedroom | Basement | 15'5'' x 13'2'' |
| 3pc Bathroom | Main level | 7'3'' x 10'10'' |
| Bedroom | Main level | 8'11'' x 9'4'' |
| Bedroom | Main level | 10'7'' x 14'2'' |
| Bedroom | Main level | 8'11'' x 10'4'' |
| Dining room | Main level | 8'11'' x 14'10'' |
| Living room | Main level | 11'7'' x 12'4'' |
| Kitchen | Main level | 9'0'' x 13'9'' |
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- Down Payment
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- 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.
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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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