448 ALICE STREET Southampton
Up to 50 photos available.
- Listed Since: February 13th 2020
This lovely modern home has all the most recent interior design features: high ceilings, lots of natural light, open concept living area, a kitchen island with breakfast bar, main floor principal bedroom with large ensuite bathroom and walk in closet with heated floors. Enhancements include a covered rear patio/porch area, accessed through sliding patio door off the kitchen; two large second floor bedrooms with a bathroom and a landing space suitable for a small lounge/office area. Excellent storage space with closets and cabinets throughout, quality finishes in cabinetry, granite counter tops and main floor laundry with small powder room. Dry stack stone fireplace (gas) and reclaimed wood mantle. Offers reviewed Feb. 26th. (id:23309)
- Address: 448 ALICE STREET
- Location: SOUTHAMPTON
- Ownership: FREEHOLD
- MLS: 242560
|Living room||Ground level||20' x 18'|
|2pc Bathroom||Ground level|
|Laundry room||Ground level||9' x 9'|
|4pc Ensuite bath||Ground level||11' x 8'|
|Master bedroom||Ground level||11' x 13'|
|Dining room||Ground level||14' x 10'|
|Kitchen||Ground level||14' x 10'|
|Bedroom||Second level||13' x 11'|
|Bedroom||Second level||13' x 9'|
|Office||Second level||7' x 11'|
|4pc Bathroom||Second level||10' x 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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