7 SHAW STREET, Wasaga Beach
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- Listed Since: September 12th 2019
Roomy bungalow in Home Town Community! This cozy bungalow is located in an adult community with lots of trees. With 1141 sq ft., this home offers a master bedroom with sun-room and walk in closet. There is a second bedroom, renovated 4 piece bathroom and large foyer/mud room. The generously sized kitchen opens up to the dining area, living room and family room which has an electric fireplace. There is a 22 'x 55' garage, deck in the backyard and good sized shed. Easy living at a great price! Monthly fees to owner are: Land lease $590/mth, Taxes $66.28/mth. (id:23309)
- Address: 7 SHAW STREET
- Location: WASAGA BEACH
- Ownership: LEASED LAND
- MLS: 199550
|Kitchen||Ground level||11' 4'' x 17' 6''|
|Family room||Ground level||9' 11'' x 9' 10''|
|Bedroom||Ground level||11' 4'' x 12' 6''|
|Bedroom||Ground level||9' 3'' x 9' 3''|
|Sunroom||Ground level||12' 4'' x 7' 7''|
|4pc Bathroom||Ground level|
|Living room||Ground level||11' 4'' x 14' 1''|
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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