3715 MICHAEL Street, New Lowell
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- Listed Since: February 6th 2019
Top 5 Reasons You Will Love This Home: 1) Large 2 acre bungalow in an estate neighborhood, situated on a private cul-de-sac 2) Upgrades throughout including hardwood flooring, tray ceilings, and pot lighting 3) Sizeable kitchen featuring granite countertops, a breakfast bar with ample seating, and the included appliances 4) Spacious master bedroom presenting a spa-like 5 piece ensuite 5) In proximity to walking trails and Anderson Park Golf Club. 3,050 Fin.sq.ft. Age - 8. For info, photos & video, visit our website. (id:23309)
- Address: 3715 MICHAEL STREET
- Location: CLEARVIEW
- Ownership: FREEHOLD
- MLS: 30709451
|Bedroom||Basement||3.89m x 3.56m|
|Recreation room||Basement||8.26m x 6.15m|
|Breakfast||Ground level||3.71m x 2.77m|
|5pc Ensuite bath||Ground level|
|5pc Bathroom||Ground level|
|Bedroom||Ground level||3.48m x 3.15m|
|Master bedroom||Ground level||4.47m x 4.14m|
|Bedroom||Ground level||3.51m x 3.48m|
|2pc Bathroom||Ground level|
|Family room||Ground level||5.54m x 4.11m|
|Dining room||Ground level||3.81m x 3.3m|
|Kitchen||Ground level||4.01m x 3.53m|
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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