28 GLENWOOD DRIVE, Wasaga Beach
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- Listed Since: February 6th 2019
Within walking distance to the main beach area of Wasaga Beach and the exciting new plans for the new downtown development you will find this charming year round 3 bedroom home or cottage. Featuring 1200 sf of living space with large living room and eat in kitchen along with 2 good size bedroom and additional 13 x 16 room that can easily serve as a master bedroom. 4 piece bath. Forced air gas furnace and fenced back yard. Walk to all the amenities of the east end of Wasaga Beach including shopping, dining and entertainment areas. (id:23309)
- Address: 28 GLENWOOD DRIVE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 174897
|Family room||Ground level||13' 8'' x 16' 9''|
|4pc Bathroom||Ground level|
|Living room||Ground level||12' 11'' x 25' 6''|
|Kitchen||Ground level||11' 7'' x 13' 5''|
|Bedroom||Ground level||10' 2'' x 12' 1''|
|Bedroom||Ground level||10' 2'' x 10' 7''|
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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