110 62nd Street S Wasaga Beach
- Listed Since: December 3rd 2019
New Custom Home Approximately 1751 Square Feet Located in Wasaga Beaches Beautiful West End. Open Concept. Quartz Countertops In Kitchen and Bathrooms, Walk Out To Deck, Upgraded Hardwood Floor, Kitchen And Trim. Gas Fireplace. Master En-Suite With Soaker Tub. 9 Foot Ceilings With Hardwood And Pot Lights Throughout. High Ceilings And Large Above Grade Windows In Basement. Taxes Are Not Yet Assessed. (id:23309)
- Address: 110 62ND STREET S
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 30780676
|Dining room||Ground level||10' 0'' x 13' 0''|
|Kitchen||Ground level||13' 0'' x 13' 0''|
|2pc Bathroom||Ground level|
|Great Room||Ground level||13' 0'' x 18' 6''|
|Master bedroom||Second level||15' 6'' x 17' 0''|
|Bedroom||Second level||13' 2'' x 10' 6''|
|Bedroom||Second level||12' 0'' x 15' 6''|
|5pc Bathroom||Second level|
|4pc Bathroom||Second 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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