200325 SIDEROAD 10, Shallow Lake
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- Listed Since: June 14th 2018
This home was built on 2 acres in 2008 at the end of a Sideroad 10 and offers plenty of privacy! The 3 bedroom home was built with the idea of being energy efficient. Inside the home you will find the sidesplit offers plenty of room for a family. The home has a mixture of hardwood, granite and marble flooring on the main, second and third levels. Extra features include a forced air wood furnace, laundry chute, 18x20ft crawlspace for storage, double garage, hook up for generator and more. This house should be seen to be appreciated! (id:23309)
- Address: 200325 SIDEROAD 10
- Location: GEORGIAN BLUFFS
- Ownership: FREEHOLD
- MLS: 133882
|Office||Ground level||16' '' x 10' 4''|
|Laundry room||Ground level||9' 5'' x 10' ''|
|Recreation room||Lower level||16' 1'' x 19' 3''|
|Utility room||Lower level||6' '' x 20' ''|
|Living room||Second level||12' 2'' x 15' 6''|
|Kitchen/Dining room||Second level||22' 1'' x 10' 4''|
|Bedroom||Third level||11' 5'' x 14' 9''|
|Bedroom||Third level||11' 5'' x 9' 11''|
|Master bedroom||Third level||15' 10'' x 14' 5''|
|4pc Bathroom||Third level|
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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