803 OTTAWA STREET Midland
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- Listed Since: November 13th 2019
Welcome to this well maintained home with lots of recent upgrades & located in desirable west end Midland. Newly renovated bathroom, all new flooring throughout, furnace & roof (2018), updated windows & freshly painted. The large in town lot is fully fenced, great for the kids and pets! This is the perfect home for you, move in ready and ready for your personal touch! Call today, before it's too late. (id:23309)
- Address: 803 OTTAWA STREET
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 229557
|Eat in kitchen||Ground level||14' 9'' x 9' 3''|
|Dining room||Ground level||14' 11'' x 9' 6''|
|Living room||Ground level||16' 2'' x 12' 6''|
|Other||Ground level||10' x 7' 6''|
|Other||Ground level||11' 3'' x 5' 11''|
|Master bedroom||Second level||11' 5'' x 11'|
|Bedroom||Second level||12' 6'' x 9' 4''|
|Bedroom||Second level||9' 9'' x 9' 4''|
|4pc Bathroom||Second level|
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.
- Mortgage Rate
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- 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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