1050 4TH A AVENUE W Owen Sound
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- Listed Since: May 20th 2020
Immaculate bungalow on a quiet dead end street. This home is bright and cheerful with a modern kitchen, spacious living room with wood burning stove, dining area, two large bedrooms, full bath and great storage. There is a newly finished basement family room with walkout, two piece bath, laundry and storage. Plus, an attached Garage, two sheds and beautiful private yard to entertain guests. Holding Offers until: Wed May 27th at 4pm. (id:23309)
- Address: 1050 4TH A AVENUE W
- Location: OWEN SOUND
- Ownership: FREEHOLD
- MLS: 260389
|Family room||Basement||26' x 12'|
|2pc Bathroom||Basement||5' x 3'|
|Storage||Basement||27' x 13'|
|Kitchen||Ground level||16' x 10'|
|Dining room||Ground level||13' x 9'|
|Bedroom||Ground level||14' x 11'|
|Bedroom||Ground level||12' x 10'|
|4pc Bathroom||Ground level||6' x 5'|
|Living room||Ground level||29' x 13'|
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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