130 FERNBROOK DRIVE, Wasaga Beach
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- Listed Since: April 15th 2019
Welcome to 130 Fernbrook Drive. This 4 bedroom bungalow is move in ready with lots of great features, perfect for your family home or investors who are looking for in-law potential. The main floor features 2 large bedrooms, a semi-ensuite, living room, kitchen and separate dining area with a walk out to your 15X12 foot deck. The basement offers another 2 large bedrooms, 4pc bath and rec room with a walk-out to the backyard patio area with hot tub. Tasteful colours throughout with upgrades in past few years including: new carpet, new laminate flooring, backsplash in kitchen, Stainless Steel appliances, new toilets, hot tub and more! (id:23309)
- Address: 130 FERNBROOK DRIVE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 187583
|Master bedroom||Ground level||13' 9'' x 9' 10''|
|4pc Bathroom||Ground level||5' 6'' x 5' 5''|
|Other||Ground level||12' 2'' x 9' 10''|
|Living room||Ground level||13' 6'' x 13' 1''|
|Kitchen||Ground level||12' 2'' x 9' 9''|
|Bedroom||Ground level||13' 3'' x 10' ''|
|Recreation room||In between||11' 9'' x 10' ''|
|Laundry room||In between||11' '' x 7' 2''|
|4pc Bathroom||In between||9' 10'' x 6' 11''|
|Bedroom||Lower level||11' '' x 9' 9''|
|Bedroom||Lower level||12' 8'' x 11' 8''|
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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