38 MEADOWLARK BOULEVARD Wasaga Beach
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- Listed Since: January 8th 2020
OPEN CONCEPT RAISED BUNGALOW! This property is walking distance to all necessities. Just steps away you can access: home improvement stores, groceries, drug store, community center, dog park and more. This beautiful 2 bedroom and 2 bathroom property is move in ready. No need to put in extra work other then finishing the basement with your own personal touch. The two car garage has a separate side entrance with access to the fully fenced in yard. New roof warranty is transferable to new owner! (id:23309)
- Address: 38 MEADOWLARK BOULEVARD
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 239328
|Dining room||Ground level||11' 1'' x 9' 1''|
|Living room||Ground level||16' 5'' x 14' 6''|
|Bedroom||Ground level||11' 8'' x 10' 1''|
|Master bedroom||Ground level||14' 3'' x 14' 11''|
|5pc Ensuite bath||Ground level|
|3pc Bathroom||Ground level|
|Kitchen||Ground level||11' 5'' x 11' 5''|
Monthly Mortgage Payments
Thinking about buying 38 MEADOWLARK BOULEVARD -- lets calculate some 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.
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