30 SUMMERHILL CRESCENT Wasaga Beach
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- Listed Since: May 19th 2020
Legal Duplex! Renovated! Inspected! 3 Bedrooms on main level. Large kitchen with stainless appliances. Separate dining area. Full bath. Laminate flooring. Basement unit has a one bedroom self contained apartment. Open concept with large kitchen. Natural gas fireplace. Vinyl flooring throughout. Newer windows. Each unit has laundry. Parking for three. Carport. Shed. Natural gas heat and central air. Expenses for 2019 - Natural Gas $1068.33, Hydro $1351.89, Water $802.61, Taxes $2275.19. Basement unit currently rents for $1200 inclusive. Main level was rented for $1500. This home/investment property shows very well! Clean and updated! Showings of rented unit via multimedia link. Main level is vacant. (id:23309)
- Address: 30 SUMMERHILL CRESCENT
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 260207
|Living room||Basement||13' 8'' x 21' 7''|
|Laundry room||Basement||7' x 7' 5''|
|Bedroom||Basement||14' 8'' x 10' 3''|
|Second Kitchen||Basement||10' 9'' x 18'|
|Living room||Ground level||15' 5'' x 13'|
|Other||Ground level||9' 9'' x 6' 7''|
|4pc Bathroom||Ground level||4' 10'' x 9' 5''|
|Master bedroom||Ground level||14' x 9' 5''|
|Bedroom||Ground level||9' 9'' x 9' 9''|
|Bedroom||Ground level||8' 8'' x 9' 9''|
|Kitchen||Ground level||9' 8'' x 11' 9''|
|4pc Bathroom||Lower level||6' 5'' x 10' 7''|
Monthly Mortgage Payments
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- Down Payment
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- 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.
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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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