5 55TH STREET S, Wasaga Beach
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- Listed Since: July 9th 2019
Freshly painted 7 year old raised bunglaow with 2 bedrooms on the main floor and 2 bedrooms downstairs. Open concept kitchen and living room with a large master bedroom with a walk-in closet and a 4 pc ensuite which includes a soaker tub and a separate shower. Fully finished basement with a large family room with an electric fireplace plus a 3 pc bathroom with a beautiful large glass shower. Floors are finished with ceramics and quality laminate flooring. Walkout from the kitchen onto a 10' x 24' deck with a fully fenced -in backyard. Inside entry into the 2 car garage. Swingset/slide is included. Short walk to Wasaga's Beach #6 (id:23309)
- Address: 5 55TH STREET S
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 208239
|Bedroom||Basement||12' 4'' x 10' 8''|
|Bedroom||Basement||11' '' x 11' ''|
|Family room||Basement||25' '' x 13' 3''|
|Living room||Ground level||14' '' x 13' 10''|
|Master bedroom||Ground level||14' 4'' x 11' 10''|
|4pc Bathroom||Ground level|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||11' 6'' x 11' 3''|
|Kitchen/Dining room||Ground level||18' 11'' x 12' 9''|
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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