1850 7TH AVENUE W Owen Sound
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- Listed Since: May 21st 2020
TAKE A "WALK" THROUGH THE HOME FROM YOUR COUCH USING THE VIRTUAL TOUR LINK! Spacious 1700 + SqFt home on the west side of Owen Sound, Close to Kelso Beach with easy access to both side of town. Main floor offers a good size kitchen, bathroom, large living room with a beautiful picture window, brand new hardwood floors connecting the living and dining room, a sliding glass door opens out onto the private side deck for entertaining. Second floor has a huge master bedroom with wall to wall closets 2 more good size bedrooms and beautifully renovated 4PC bathroom. This home has loads of storage space as well as a 1 car garage and well maintained back yard making it perfect for kids of any age. (id:23309)
- Address: 1850 7TH AVENUE W
- Location: OWEN SOUND
- Ownership: FREEHOLD
- MLS: 253135
|Foyer||Ground level||8' 9'' x 4'|
|2pc Bathroom||Ground level||6' 11'' x 6' 5''|
|Kitchen||Ground level||10' 4'' x 12' 11''|
|Dining room||Ground level||13' x 8'|
|Living room||Ground level||20' 7'' x 11' 11''|
|Master bedroom||Second level||19' 3'' x 12' 5''|
|Bedroom||Second level||10' 10'' x 10' 3''|
|Bedroom||Second level||13' 3'' x 8' 2''|
|4pc Bathroom||Second level||6' 9'' x 7' 11''|
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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