1 Hill Crescent Moorefield
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- Listed Since: October 11th 2019
Affordable living in a completely renovated home that shows 10+. This well maintained 3 bedroom, 2 bathroom home features a huge kitchen island that will be the gathering point for family & friends. Walkout to a huge covered deck. The many recent improvements inside and out make the home move-in ready. All this situated on a large lot in the beautiful land lease community of Conestoga Estates, which is conveniently located just 10 minutes West of Arthur. (id:23309)
- Address: 1 HILL CRESCENT
- Location: WELLINGTON NORTH
- Ownership: LEASED LAND
- MLS: 30771658
|3pc Ensuite bath||Ground level|
|Bedroom||Ground level||14' 8'' x 9' 9''|
|Bedroom||Ground level||17' 0'' x 11' 0''|
|Master bedroom||Ground level||15' 6'' x 12' 0''|
|4pc Bathroom||Ground level|
|Dining room||Ground level||22' 0'' x 12' 0''|
|Living room||Ground level||12' 0'' x 11' 6''|
|Kitchen||Ground level||22' 0'' x 11' 0''|
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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