6878 WELLINGTON RD 16 Belwood
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- Listed Since: September 6th 2019
Beautiful Newly Renovated, 4 Bedroom, 2 Storey Brick Home On 10 Acres In Great Country Location Close To Fergus. Paved Road. Kitchen, Powder Room, Ensuite & Main Bathroom All Renovated In 2019 With Heated Floors In Bathrooms & Quartz Counters In Kit. Convenient Main Floor Laundry. Fully Finished Basement (In Progress) With Walkout And Roughed In For A Full Kitchen.**** EXTRAS **** 1250 Sf 3 Season Indoor Heated Pool With Newer Liner. 1984 Sq. Ft. Workshop Ideal For Woodworker/Car Buffs/Storage. Enjoy Sitting On The Deck In The Private Backyard With Perennial Gardens And Manicured Trails Through The Bush With Stream (id:23309)
- Address: 6878 WELLINGTON RD 16
- Location: CENTRE WELLINGTON
- Ownership: FREEHOLD
- MLS: X4568087
|Laundry room||Main level||2.79 m x 1.75 m|
|Dining room||Main level||3.86 m x 3.53 m|
|Living room||Main level||7.31 m x 4.14 m|
|Kitchen||Main level||7.16 m x 3.3 m|
|Bedroom||Second level||3.35 m x 3.94 m|
|Bedroom||Second level||3.38 m x 3.1 m|
|Bedroom||Second level||3.7 m x 3.33 m|
|Master bedroom||Second level||5.49 m x 3.53 m|
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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