2380 9TH AVENUE E #28 Owen Sound
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- Listed Since: January 2nd 2019
Two bedroom Life Lease Townhouse for ages 55+. Enjoy living in picturesque Owen Sound's first fully accessible adult lifestyle townhouse community with community club house and open recreation area. Oversize garage/workshop (20 ft. x 16 ft.) with optional built-in workbench and/or storage. This unit features covered front porch and rear patio. The layout has been purpose designed to be fully accessible and to include economical heat pump in each room, gas fireplace in the great room and heated floor in the bathroom. Assessment and Taxes are estimated. Reserving early will give you an opportunity to custom design the interior and select options. (id:23309)
- Address: 2380 9TH AVENUE E #28
- Location: OWEN SOUND
- Ownership: FREEHOLD
- MLS: 168277
|2pc Bathroom||Ground level|
|Laundry room||Ground level||6' x 4'|
|Foyer||Ground level||10' x 6' 6''|
|3pc Bathroom||Ground level|
|Bedroom||Ground level||11' x 11'|
|Master bedroom||Ground level||13' x 11'|
|Great Room||Ground level||23' x 15'|
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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