123 40TH STREET N, Wasaga Beach
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- Listed Since: June 10th 2019
All Brick 4 Bedroom 3 bathroom Bungalow with separate In-Law Suite. Everything on one level. All Ceramic & Hardwood flooring. Master with full ensuite & walk-in closet. Generous size rooms. Gas fireplace in living room. Separate Dining room. Multiple walk outs to private deck and fenced & hedged yard. Just a short stroll to the beach, You can see it at end of the road! Bonus...Inground 8'x36'x4' deep pool great for kids and just doing laps. (id:23309)
- Address: 123 40TH STREET N
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 201217
|Master bedroom||Ground level||13' 4'' x 15' ''|
|Dining room||Ground level||13' '' x 14' ''|
|3pc Bathroom||Ground level|
|3pc Bathroom||Ground level|
|4pc Ensuite bath||Ground level|
|Laundry room||Ground level||9' '' x 11' ''|
|Foyer||Ground level||13' '' x 8' 6''|
|Bedroom||Ground level||12' '' x 9' ''|
|Bedroom||Ground level||15' '' x 12' ''|
|Living room||Ground level||26' '' x 17' ''|
|Kitchen||Ground level||20' '' x 11' 6''|
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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