59 MELROSE AVENUE, Wasaga Beach
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- Listed Since: October 8th 2019
Check out this custom 3 year old raised bungalow built by well regarded local builder JDC Homes. Located within walking distance to the beach, restaurants and shopping, this immaculate home has 3 bedrooms, wide spacious hallways, 9 foot ceilings, custom California shutters throughout, 2 full baths including ensuite in the master bedroom, large eat-in kitchen with higher end stainless steel appliances, engineered silent floor trusses. New A/C, newly poured concrete walkway and pad in the back yard with efficient, 1 year old BeachComber hot tub and balance of Tarion New Home Warranty. Call your favourite REALTOR® today to check out this beauty! (id:23309)
- Address: 59 MELROSE AVENUE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 227034
|Master bedroom||Ground level||13' '' x 13' ''|
|Kitchen||Ground level||22' 5'' x 13' ''|
|Bedroom||Ground level||11' 2'' x 10' 9''|
|Bedroom||Ground level||13' '' x 10' 9''|
|4pc Bathroom||Ground level|
|3pc Ensuite bath||Ground level|
|Living room/Dining room||Ground level||22' '' x 12' ''|
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
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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