65 LAURIE CRESCENT Owen Sound
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- Listed Since: February 26th 2020
Move right in and enjoy the low-maintenance lifestyle! This updated 3 bedroom, 2 bath condo has so much to offer, including; updated kitchen with lots of storage space, natural gas heat, air conditioning, updated 4 pc bathroom with in-floor heat, custom vanity, and heated towel rack! Finished lower level makes for a great family or rec room. The newer deck is the perfect place to relax on a summer day. Call today for your viewing! See COVID Showing Policy Attached (id:23309)
- Address: 65 LAURIE CRESCENT
- Location: OWEN SOUND
- Ownership: CONDO CORPORATION
- MLS: 246480
|Laundry room||Basement||10' 9'' x 10' 6''|
|Family room||Basement||21' x 14' 3''|
|Dining room||Ground level||10' 5'' x 7' 9''|
|2pc Bathroom||Ground level|
|Living room||Ground level||14' x 12' 1''|
|Kitchen||Ground level||17' x 7' 1''|
|Master bedroom||Second level||13' 2'' x 10' 8''|
|Bedroom||Second level||10' 6'' x 10' 8''|
|4pc Bathroom||Second level|
|Bedroom||Second level||10' 9'' x 9' 8''|
Monthly Mortgage Payments
Thinking about buying 65 LAURIE CRESCENT -- lets calculate some payment options and see if purchasing this condo can become a reality.
- 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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