70 KNOX ROAD W Wasaga Beach
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- Listed Since: December 2nd 2019
Great family home with 4 bedrooms, 4 pc. bath and Open Concept Kitchen / Living Room. Enjoy the spacious rec room on the lower level with new gas fireplace for toasty warmth in the winter. Brand new hot water tank (owned). Home has covered front porch, large private deck and shed plus gate to street behind for access to the backyard. Close to schools, bus route, shopping and more. Call for a showing today before it's gone. (id:23309)
- Address: 70 KNOX ROAD W
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 235417
|Kitchen||Ground level||12' 0'' x 16' 0''|
|Living room||Ground level||14' 6'' x 17' 0''|
|Bedroom||Ground level||10' 6'' x 11' 10''|
|Bedroom||Ground level||10' 6'' x 10' 10''|
|4pc Bathroom||Ground level|
|Bedroom||Lower level||10' 8'' x 11' 4''|
|Bedroom||Lower level||9' 0'' x 11' 0''|
|Recreation room||Lower level||12' 0'' x 26' 0''|
|Laundry room||Lower level||7' 10'' x 11' 0''|
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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