37 CHESTNUT Lane, Wasaga Beach
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- Listed Since: July 10th 2019
Immaculately maintained bungalow style townhome in Wasaga Meadows Adult Lifestyle Community, located within walking distance to shopping and public transportation. This lovely open concept home is 1200 square ft of living space complete with 2 bedrooms, 2 baths, large airy kitchen with island & ample cupboards that opens onto your dining & living area with vaulted ceilings & gas fireplace. This beautiful home continues to impress with California shutters, laminate floors, master with walk in closet & ensuite, large spacious patio with BBQ hook-up & sun awning, over-sized single car garage, garage door opener and inside access to the home. It also uniquely features 3 sun tubes, offering you a brightened kitchen and bathrooms. Living in this great community includes the use of a community gathering space right across the street with kitchen/BBQ/washroom & sheltered eating area, grass cutting, snow removal and twice yearly window cleaning service. The monthly fee to the new owner will be Land Lease $502.62, Maintenance $162.88, Taxes $172.02 (2019), Total Monthly $837.52 (id:23309)
- Address: 37 CHESTNUT LANE
- Location: WASAGA BEACH
- Ownership: LEASED LAND
- MLS: 30750099
|Kitchen||Ground level||15' 5'' x 9' 7''|
|Dining room||Ground level||14' 8'' x 13' 3''|
|Living room||Ground level||12' 2'' x 14' 0''|
|Master bedroom||Ground level||11' 0'' x 12' 9''|
|3pc Ensuite bath||Ground level|
|Bedroom||Ground level||9' 10'' x 12' 3''|
|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
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- 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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