327 PEEL STREET Southampton
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- Listed Since: February 18th 2020
Solid family home in a good neighbourhood of Southampton. Home offers 3 bedrooms on the main level with a full bath and an ensuite for the master. Functional kitchen with walkout to deck makes it great for barbecues or watching the kids play in the back yard. Home is filled with lots of natural light and has large principle rooms. Lower level has large rec room with gas fireplace, a full bath, and a spacious family room that could also be used as a gym or 4th bedroom. Call for your personal viewing today! (id:23309)
- Address: 327 PEEL STREET
- Location: SOUTHAMPTON
- Ownership: FREEHOLD
- MLS: 244606
|Foyer||Ground level||4' 0'' x 8' 8''|
|Kitchen||Ground level||13' 0'' x 12' 0''|
|Living room||Ground level||14' 9'' x 18' 1''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||8' 9'' x 14' 5''|
|Bedroom||Ground level||8' 11'' x 10' 3''|
|3pc Ensuite bath||Ground level|
|Master bedroom||Ground level||14' 4'' x 11' 0''|
|Recreation room||Lower level||18' 9'' x 21' 4''|
|3pc Bathroom||Lower level|
|Utility room||Lower level||8' 2'' x 10' 1''|
|Laundry room||Lower level||8' 3'' x 7' 1''|
|Family room||Lower level||10' 6'' x 28' 7''|
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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