16 SHAW STREET Wasaga Beach
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- Listed Since: November 25th 2019
This home is move-in ready with a ton of upgrades completed in the last two years and located in popular Hometown Community in Wasaga Beach. This peaceful community offers access to it's own community center and in ground swimming pool. Recent upgrades include new roof (2019), furnace (2019), gas stove (2018), toilet (2018) and washing machine (2019). Sunroom has been converted to a 3rd bedroom. This home also features a covered carport, paved driveway and rear patio with garden shed. Hometown Community is located just a short drive from area golf courses and the shores of Georgian Bay. Land lease fees for the new owner will be $523.57 + tax ($54.47) for a total of $578.04. Book your showing today and come check it out for yourself. (id:23309)
- Address: 16 SHAW STREET
- Location: WASAGA BEACH
- Ownership: LEASED LAND
- MLS: 234838
|Bedroom||Ground level||9' 5'' x 10' 8''|
|Bedroom||Ground level||6' 3'' x 15' 7''|
|Master bedroom||Ground level||10' 4'' x 11' 4''|
|4pc Bathroom||Ground 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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