21 PENNSYLVANIA AVENUE, Wasaga Beach
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- Listed Since: October 12th 2018
Welcome to ParkPlace, a gated community compete with a recreation center for many activities and indoor pool. This 2004 Tavestar model bungalow offers 1108 sq/ft, 2 bedroom and 2 bathroom, single oversized garage with inside access. Upgrades include but not limited to new shingles, paint thru out, sink, taps, backsplash. This home backs on to a tree buffer for extra privacy. This Is a highly sought after community and definitely worth a look at! Monthly fees for new owner are land lease $525.00/month, Maintenance $133.36/month and taxes $125.73/month. All offers to include Parkbridge first right of refusal and Parkbridge approval clauses. (id:23309)
- Address: 21 PENNSYLVANIA AVENUE
- Location: WASAGA BEACH
- Ownership: LEASED LAND
- MLS: 158839
|Eat in kitchen||Ground level||15' 0'' x 12' 0''|
|Living room||Ground level||18' 0'' x 12' 0''|
|Master bedroom||Ground level||13' 0'' x 12' 0''|
|4pc Bathroom||Ground level||6' 6'' x 6' 0''|
|Laundry room||Ground level||9' 0'' x 6' 0''|
|Bedroom||Ground level||12' 0'' x 9' 0''|
|Foyer||Ground level||10' 0'' x 4' 6''|
|3pc Bathroom||Ground level||8' 0'' x 5' 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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