762 WATERLOO STREET W Mount Forest
Up to 32 photos available.
- Listed Since: July 29th 2019
3 year old brick semi detached home, open concept kitchen & great room with patio door to patio. Large rear yard, main floor laundry, 2 pc bath, 5 pc bath with cheater door to master bedroom, plus 1 additional bedroom. Front porch, lots of storage, kitchen cabinets with sit down island. Gas heat, central air, air exchanger, attached garage. Full basement unfinished. Great lot, move in condition. (id:23309)
- Address: 762 WATERLOO STREET W
- Location: MOUNT FOREST
- Ownership: FREEHOLD
- MLS: 212301
|Kitchen||Ground level||11' x 24'|
|Master bedroom||Ground level||10' x 15'|
|5pc Ensuite bath||Ground level|
|Bedroom||Ground level||10' x 12'|
|Foyer||Ground level||6' x 9'|
|Laundry room||Ground level||6' 4'' x 8' 4''|
|2pc Bathroom||Ground level|
|Great Room||Ground level||14' x 19'|
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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