8 NORTHWOOD DRIVE, Wasaga Beach
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- Listed Since: May 16th 2018
With a separate dining, living, and family room, this lovely 4 bedroom home located in one of Wasaga's most sought after neighbourhoods. the basement offer secondary kitchen cabinets and countertop along with the lower level full size fridge which stays with the home. Outside boasts of an large SW facing deck (20x17) and a West facing ground level patio. The walkway leading to the front entrance along with the double wide driveway is all beautiful interlock. (id:23309)
- Address: 8 NORTHWOOD DRIVE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 126442
|3pc Bathroom||Basement||8' '' x 5' ''|
|Bedroom||Basement||12' 8'' x 8' 5''|
|Bedroom||Basement||16' 9'' x 11' 6''|
|Family room||Basement||20' 4'' x 18' 8''|
|Living room||Ground level||12' 9'' x 11' ''|
|Dining room||Ground level||13' 3'' x 8' 8''|
|Master bedroom||Ground level||12' 3'' x 11' 5''|
|Bedroom||Ground level||12' 3'' x 11' 3''|
|4pc Bathroom||Ground level||8' 6'' x 7' ''|
|Kitchen||Ground level||9' 4'' x 9' 5''|
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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