530 CHURCH CRESCENT Mount Forest
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- Listed Since: May 21st 2020
Immaculate, well maintained gorgeous red brick bungalow situated in a very desirable, sought after neighbourhood. The updates are numerous and include new roof, windows, kitchen, flooring, furnace and so on. Located at the South end of Mount Forest on a mature Crescent where pride of ownership is evident. The home is very economical to run and maintain. Two full baths and a completely finished basement gives you ample room when family and friends come to visit. A large deck is located off the sunken family room and set below mature hardwood trees. An attached extra wide, deep garage for your parking and storage needs is a huge plus. Large paved driveway round out this must see, move in ready home. (id:23309)
- Address: 530 CHURCH CRESCENT
- Location: MOUNT FOREST
- Ownership: FREEHOLD
- MLS: 260649
|Laundry room||Basement||9' 10'' x 5' 4''|
|Office||Basement||8' 8'' x 9' 3''|
|Bedroom||Basement||11' 2'' x 10' 8''|
|Bedroom||Basement||11' 10'' x 11' 15''|
|Recreation room||Basement||17' x 11' 6''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||10' x 11'|
|Family room||Ground level||15' 2'' x 10'|
|Master bedroom||Ground level||13' x 10' 8''|
|Kitchen||Ground level||12' 8'' x 10'|
|Dining room||Ground level||13' 4'' x 9' 6''|
|Living room||Ground level||18' x 12'|
|Foyer||Ground level||12' x 4'|
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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