11 VICTORY Crescent Penetanguishene Ontario

A residential home for sale in Penetanguishene

11 VICTORY Crescent Penetanguishene Ontario

$219,777 CAD

MLS® 1709109

PERFECT FAMILY HOME- CUTE AND COZY 3 BEDROOM HOME FEATURING KITCHEN, LIVING AND FAMILY ROOM, GAS FIREPLACE, UPDATED ROOF, WINDOWS. ALL SITUATED ON NICE QUIET CUL DE SAC. DON'T WAIT. CALL TODAY.

This home is located in a wonderful town known as Penetanguishene Ontario. To learn more about how to purchase this home contact Brandon -- he would be more than happy to assist you.

Living roomMain level11-0 X 14-6
KitchenMain level8-0 X 16-0
BedroomMain level10-0 X 11-0
Family roomMain level11-0 X 24-0
Bath (# pieces 1-6)Main level4 PIECE
OtherMain level5-0 X 10-0
BedroomSecond level10-0 X 12-0
BedroomSecond level9-8 X 12-0
  • 3 Bedrooms
  • 1 Bathrooms
  • $774 / month

Monthly Mortgage Payments at 2.34

Thinking about buying this home in Penetanguishene -- lets calculate some mortgage payment options and see if purchasing this home can become a reality.

  • Down Payment
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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.

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  • 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.

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  • Mortgage Rate
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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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Fixed 1 Year 2.34Fixed 5 Years 2.54

These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.

  • 11 VICTORY Crescent, Penetanguishene, Ontario, L9M 1B6

The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.