696 KING STREET #51, Midland
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- Listed Since: January 8th 2019
Freshly painted with beautiful wood floor, you can move right in to this 3 + 2 bedroom condo with ensuite bathroom, a bath for your guests and a bath on the lower level. A great size for your first downsize. With the lowest maintenance fees in town. Close to Little Lake Park and all amenities, also on bus route and close to downtown shopping. Quick closing available! NOTE: CO-OPERATING BROKER COMMISSION IS REDUCED TO 1.5% IF LISTING BROKER DOES PRIVATE SHOWING FOR THE BUYER(S). (id:23309)
- Address: 696 KING STREET #51
- Location: MIDLAND
- Ownership: CONDO CORPORATION
- MLS: 169179
|Bedroom||Basement||12' '' x 14' ''|
|Laundry room||Basement||10' '' x 4' ''|
|Workshop||Basement||11' 10'' x 10' ''|
|Family room||Basement||17' 5'' x 19' ''|
|Bedroom||Basement||11' 5'' x 12' 7''|
|Living room/Dining room||Ground level||13' 9'' x 16' 7''|
|Master bedroom||Ground level||13' 8'' x 11' 8''|
|4pc Bathroom||Ground level|
|4pc Ensuite bath||Ground level|
|Bedroom||Ground level||9' '' x 11' ''|
|Bedroom||Ground level||14' '' x 10' 7''|
|Kitchen||Ground level||12' '' x 8' ''|
Monthly Mortgage Payments
Thinking about buying 696 KING STREET #51 -- lets calculate some payment options and see if purchasing this condo 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.
The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.
- Saint Theresa's Separate School
347 Galloway Blvd, Midland, ON L4R 5B2
- Georgian Bay District Secondary School
865 Hugel Ave, Midland, ON L4R 1X6
- Bayview Public School
845 Ottawa St, Midland, ON L4R 1C9
- Monsignor Castex Catholic School
120 Penetanguishene Rd, Midland, ON L4R 4Z6
- Mundy's Bay Public School
340 Sixth St, Midland, ON L4R 3Y4
- Huron Park Public School
425 Robert St, Midland, ON L4R 2M2
- Sacred Heart School
241 Elizabeth St, Midland, ON L4R 1Y5
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