891 RIVER ROAD W #7, Wasaga Beach
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- Listed Since: August 7th 2018
Affordable 2 bedroom main floor unit with gas fireplace and rough-in for en-suite stackable laundry. Open concept with great flow, spacious kitchen with built in appliances and an island, laminate and ceramic floors, and outdoor patio. Monthly condo fee includes one parking spot, storage locker, property maintenance, snow plowing, landscaping, insurance, water and sewer charges and more! Convenient location, close to all Wasaga Beach has to offer and public bus stops in front of the complex. Call today for details! (id:23309)
- Address: 891 RIVER ROAD W #7
- Location: WASAGA BEACH
- Ownership: CONDO CORPORATION
- MLS: 146042
|Foyer||Ground level||5' 8'' x 5' 10''|
|Living room||Ground level||16' 11'' x 12' ''|
|Kitchen||Ground level||12' 1'' x 11' 4''|
|Master bedroom||Ground level||10' 5'' x 9' 5''|
|Bedroom||Ground level||10' 5'' x 13' ''|
|4pc Bathroom||Ground level|
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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