26 BUSH Crescent Wasaga Beach Ontario
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.A RARE opportunity to own and experience the splendour and beauty of nature at your fingertips! Private Forested 60 x 150 lot nestled at the back of a highly desirable crescent backing onto Crown land. Super Bright family friendly floor plan with 3+1 Bedrooms, 4 piece main bath, plus a 4 piece ensuite. Main floor has a large open concept Living / Dining room, main floor family room with gas fireplace, main floor laundry room and a large eat in Kitchen with Walk out to deck and an INCREDIBLE rear yard! The lower level has a 4th bedroom, rough in washroom, and has been studded and is awaiting your customization! This home has been newly renovated and freshly painted throughout (2017); new Hardwood Flooring and Berber Carpeting (2017), updated bathrooms (2017) include new vanities, new flooring and lighting fixtures, new Roof (2015). Home includes 5 appliances, central air, central vacuum, sprinkler system, 2 garage door openers. Please call today to book your viewing!
Wasaga Beach -- Seller’s Real Estate Market
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Wasaga Beach -- lets calculate some mortgage payment options and see if purchasing this home can become a reality.
- 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.