12 PROVIDENCE WAY Wasaga Beach
Up to 46 photos available.
- Listed Since: May 20th 2020
Beautifully decorated condo "New Hampshire" model. This condo is 1700 sq.ft. up plus a fully finished lower level with games/bar area, finished rec. room, office (possibly bedroom), cold room and 4 pc. bath. Main level has family room open concept kitchen and dining nook with patio door to patio area and fenced backyard, master bedroom + 5 pc. ensuite, main floor laundry, door to garage and 2 pc. bath. Upper level has loft area + large bedroom and 4 pc. bath. This is definitely a unit to look at in turn key condition. Condo fees are $281.00 month and includes gas cutting, snow removal and windows cleaned twice yearly. (id:23309)
- Address: 12 PROVIDENCE WAY
- Location: WASAGA BEACH
- Ownership: CONDO CORPORATION
- MLS: 260415
|Cold room||Basement||4' x 5'|
|Games room||Basement||10' x 18'|
|Bedroom||Basement||10' x 12'|
|Recreation room||Basement||13' x 20' 2''|
|Utility room||Basement||10' x 11'|
|2pc Bathroom||Ground level|
|Laundry room||Ground level||8' 2'' x 6'|
|Family room||Ground level||14' x 15'|
|Other||Ground level||9' x 10' 6''|
|Master bedroom||Ground level||10' 10'' x 15'|
|5pc Ensuite bath||Ground level|
|Kitchen||Ground level||10' 4'' x 11' 6''|
|4pc Bathroom||Second level|
|Loft||Second level||8' x 11' 6''|
|Bedroom||Second level||9' 11'' x 15'|
Monthly Mortgage Payments
Thinking about buying 12 PROVIDENCE WAY -- lets calculate some payment options and see if purchasing this condo can become a reality.
- 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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