103 MEADOW LANE, Wasaga Beach
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- Listed Since: June 8th 2018
Adult lifestyle with this upgraded end unit townhouse. 2 bed, 2 bath. Open concept kitchen to living room with vaulted ceiling, gas fireplace and built in entertainment centre plus walk out to patio overlooking the pond. Hardwood floors in the living room. Kitchen with island and quartz counters. Master with walk in closet and three piece ensuite including 4 foot shower. Covered front porch. Single garage with inside entrance. Monthly fees to new owner is Land lease $502.92 + maintenance $162.88 + taxes $144.63 = $810.43 (id:23309)
- Address: 103 MEADOW LANE
- Location: WASAGA BEACH
- Ownership: LEASED LAND
- MLS: 133065
|Kitchen||Ground level||15' 7'' x 9' 9''|
|Other||Ground level||12' 9'' x 13' 8''|
|Living room||Ground level||12' 3'' x 13' 8''|
|Master bedroom||Ground level||13' '' x 11' ''|
|3pc Ensuite bath||Ground level||7' 3'' x 9' 5''|
|Bedroom||Ground level||10' '' x 12' 7''|
|2pc Bathroom||Ground level||3' '' x 6' 6''|
|Laundry room||Ground level||6' '' x 6' 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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