989 WRIGHT DRIVE Midland
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- Listed Since: January 23rd 2020
This well designed interior Belmac model town bungalow offers spacious open concept living, includes granite counter tops & quality finishes throughout. This 2 Bed, 2 bath home provides generous Master Bedroom, walk-in-Closet & en-suite bathroom. Main floor laundry garage & basement. These homes are freehold (no condo fees). The Grove offers premium new homes located just minutes from Highway 93, shopping, restaurants and parks, Enjoy convenient access paired with peaceful cottage country living. This home includes beautiful kitchen, designer bathrooms. With premium features included, you choose your finishes with the builders designer. Your home will be as stunning as its scenic natural surroundings. This Belmac model purchased between Feb 14th & March 31st 2020 qualifies for Corsica Homes Inc. promotion A/C & hardwood floors in Great Room included purchase price. These upgrades typically cost approx $6500(No trade credit value) *Model Home Wright Drive Open: 12 - 4pm Sat & Sun* (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''|
|Kitchen||Ground level||9' 11'' x 8' 6''|
|Master bedroom||Ground level||11' 10'' x 11'|
|4pc Ensuite bath||Ground level|
|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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