1387 RIVER Road W Wasaga Beach
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- Listed Since: February 14th 2020
DETACHED 5 BEDROOM HOME WITH INCREDIBLE VALUE! With over 2400 finished square feet this home has so much to offer. Upstairs offers 3 bedrooms, a full bathroom, large living room and eat in kitchen with walk out to deck. Basement is fully finished with cozy wood burning fireplace, 2 more bedrooms and a full bathroom. PLUS, another living room and bonus room/rec room. Large lot is 68 x 200 feet and is fully fenced. Inside access to garage. Close to schools, shopping and all amenities. Freshly painted, carpets professionally cleaned and roof done in 2019. (id:23309)
- Address: 1387 RIVER ROAD W
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 30791030
|Bedroom||Basement||11' 4'' x 13' 6''|
|Bedroom||Basement||10' 0'' x 10' 8''|
|Living room||Basement||12' 6'' x 22' 3''|
|Recreation room||Basement||10' 8'' x 21' 6''|
|4pc Bathroom||Ground level|
|Master bedroom||Ground level||11' 0'' x 13' 0''|
|Bedroom||Ground level||8' 6'' x 9' 6''|
|Dining room||Ground level||9' 6'' x 11' 6''|
|Bedroom||Ground level||9' 6'' x 11' 7''|
|Kitchen||Ground level||11' 0'' x 15' 0''|
|Living room||Ground level||11' 6'' x 23' 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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