88 LAKESHORE RD E Oro Station
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- Listed Since: March 26th 2020
Welcome To 88 Lakeshore Road East-Where Luxury Meets Outdoor Adventure.You Will Love This Stunning Turn Key Custom Built Home In Oro's Lakefront Community. This Home Offers Over 2500 Square Feet Of Total Living Space With An Open Concept Layout, Custom Designed Kitchen & Hardwood Floors Throughout The Main Level. You Will Discover Three Large Principal Rooms Upstairs Including A Beautiful Master With An Ensuite & A Walkout Lakeview Terrace.**** EXTRAS **** Step Outside & Enjoy A Fully Landscaped 200 Foot Deep Yard, New Wraparound Weather Deck W Drainage Already Pre Wired For Your Hot Tub, Fenced In 24X12 Foot Fiberglass Kidney Shaped In-Ground Pool, Private Fire Pit Detached Double Car Garage (id:23309)
- Address: 88 LAKESHORE RD E
- Location: ORO-MEDONTE
- Ownership: FREEHOLD
- MLS: S4732348
|Utility room||Basement||2.08 m x 2.08 m|
|Family room||Basement||4.78 m x 6.55 m|
|Living room||Main level||7.06 m x 5.03 m|
|Dining room||Main level||3.91 m x 2.69 m|
|Kitchen||Main level||4.57 m x 3.45 m|
|Laundry room||Main level||1.78 m x 4.55 m|
|Bedroom 3||Second level||3.84 m x 3.45 m|
|Bedroom 2||Second level||3.86 m x 3.43 m|
|Master bedroom||Second level||6.32 m x 4.93 m|
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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