40 MULLIGAN LANE #103 Wasaga Beach
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- Listed Since: March 24th 2020
Beautiful 2 bedroom 2 bath main floor condo unit includes many upgrades including Granite counters in island kitchen, stainless steel appliances, walk-in Glass Shower in Master and engineered hardwood flooring. The main floor unit provides for easy access. No stairs to climb. Walkout from living room to rear covered deck. Good size Master bedroom and second guest room or den. Two parking spaces are included #42 and 28, This well-maintained condo has plenty of storage and is a short drive to shopping dining and the worlds largest freshwater beach. Virtual showings only. (id:23309)
- Address: 40 MULLIGAN LANE #103
- Location: WASAGA BEACH
- Ownership: CONDO CORPORATION
- MLS: 252572
|3pc Bathroom||Ground level|
|4pc Bathroom||Ground level|
|Laundry room||Ground level||5' x 7'|
|Master bedroom||Ground level||15' 4'' x 10'|
|Bedroom||Ground level||9' 6'' x 8'|
|Living room||Ground level||14' 4'' x 11' 4''|
|Dining room||Ground level||11' 8'' x 11' 4''|
|Kitchen||Ground level||10' 6'' x 10'|
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.
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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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