989 WRIGHT DRIVE Midland
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- Listed Since: November 14th 2019
This well designed interior unit Belmac model town bungalow offers spacious open concept living, includes granite counter tops & quality finishes throughout. With 1106 sq, ft of living space this 2 Bed, 2 bath home offers a generous Master Bedroom with walk-in-Closet & en-suite bathroom. This home also provides the convenience of main floor laundry a garage & basement. These homes are freehold, so no condo fees. The Grove offers premium new homes located just minutes from Highway 93, shopping, restaurants and parks, The Grove offers convenient access paired with peaceful cottage country living. This home includes beautiful kitchen, designer bathrooms and timeless stone and brick exteriors. With premium features included, you choose your finishes with the builders designer. Your home will be as stunning as its scenic natural surroundings. *Model Home on Wright Drive Open: 1 - 5pm Saturday & Sundays* (id:23309)
- Address: 989 WRIGHT DRIVE
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 233790
|Great Room||Ground level||12' 11'' x 11' 6''|
|Dinette||Ground level||12' 1'' x 8' 8''|
|Master bedroom||Ground level||11' 10'' x 11'|
|4pc Ensuite bath||Ground level|
|Kitchen||Ground level||9' 11'' x 8' 6''|
|Bedroom||Ground level||10' 1'' x 8' 6''|
|3pc Bathroom||Ground 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
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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