674 ABERDEEN BOULEVARD Midland
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- Listed Since: January 24th 2020
A quality-built 2+1 bungalow in Midlands exclusive waterfront community of Tiffin by The Bay. Convenient access to the Midland Waterfront Trail, a part of the Trans Canada Trail along beautiful Georgian Bay. Open concept kitchen, dining rm & living rm. Custom chefs kitchen with spacious island, stainless steel appliances, & granite counters. Master bedroom boasts a 4pc ensuite with corner tub, & a walk-in closet. Spacious finished lower level features large above grade windows, a 3rd bdrm, a walk up to the backyard, a large rec rm & a 3 pc bath. Mediterranean inspired stucco home with manicured landscaping with front & back lawn sprinkler system, an attached double garage, interlock driveway, & stamped patio. Bonus features include a reverse osmosis & water softener systems, & 2 gas fireplaces. A turnkey house with nothing left to do but enjoy the refined living, the parks, boating, fishing, the Trans Canada Trail, & not to mention the many fun winter activities. (id:23309)
- Address: 674 ABERDEEN BOULEVARD
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 241435
|Living room||Ground level||16' x 14'|
|Foyer||Ground level||11' x 4' 6''|
|2pc Bathroom||Ground level|
|Bedroom||Ground level||12' 6'' x 10'|
|4pc Ensuite bath||Ground level||8' x 7' 6''|
|Master bedroom||Ground level||14' 6'' x 14'|
|Dining room||Ground level||15' x 10'|
|Kitchen||Ground level||15' x 13'|
|Recreation room||Lower level||28' x 24'|
|3pc Bathroom||Lower level|
|Bedroom||Lower level||9' x 8'|
|Laundry room||Lower level||9' 6'' x 7' 6''|
|Storage||Lower level||6' 6'' x 6'|
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.
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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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