11 - 362 Fairview Street, New Hamburg
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- Listed Since: July 9th 2018
Outstanding Quality, Upscale Finishes and Value come with every Riverbend - Brownstone 2,250 s/f Condominium Town Home. Each unit is equipped with your own private elevator by Cambridge Elevation, hardwood, ceramic flooring, Crown mouldings, Solid Hardwood Stairs, Main floor living room w/ Gas Fireplace, dinette overlooking the picturesque Nith River surrounded by tall Oaks and Maples, Custom Kitchen with Appliances, private walkout grilling deck, Twin Master Bedrooms, each with their own ensuites and walk-in closets, lower rec room w/Gas Fireplace and walkout patio. Spectacular views, Park-like Setting, River views, Luxury and Quite Living - mins to all amenities and quick access to 7 & 8 Hwy, Ira Needles/ sunrise Centre and 401 Hwy. Do not miss your opportunity to live in this exclusive and one-of-kind Location, Location, Location!!! (id:23309)
- Address: 11 - 362 FAIRVIEW STREET
- Location: NEW HAMBURG
- Ownership: CONDO CORPORATION
- MLS: 30664313
|Utility room||Basement||8' 3'' x 9' 0''|
|Family room||Basement||17' 0'' x 19' 6''|
|2pc Bathroom||Basement||5' 0'' x 5' 1''|
|Storage||Basement||3' 3'' x 7' 5''|
|Dinette||Ground level||7' 3'' x 10' 0''|
|Living room||Ground level||9' 1'' x 13' 10''|
|Foyer||Ground level||6' 11'' x 11' 0''|
|2pc Bathroom||Ground level|
|Kitchen||Ground level||10' 0'' x 10' 2''|
|Master bedroom||Second level||10' 3'' x 14' 4''|
|5pc Ensuite bath||Second level||7' 6'' x 12' 10''|
|Other||Second level||4' 9'' x 10' 4''|
|Master bedroom||Second level||13' 1'' x 13' 10''|
|5pc Ensuite bath||Second level||6' 0'' x 11' 3''|
|Other||Second level||5' 2'' x 9' 3''|
|Laundry room||Second level||3' 0'' x 5' 6''|
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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