70216 Corbett Line, Clinton
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- Listed Since: May 13th 2017
Grand Bend, a must to see. Secluded private setting, one of a kind custom built log home. Open concept kitchen and dining room, with stone fireplace in living room, cathedral and high ceiling throughout. Bedrooms with ensuites and more. All of this on 105 acres of bush, trails and pond with log gazebo. For the horse lovers, there is a beautifully log outside building easy to covert to a horse barn with stalls and outside roof overhand manicure area. Off-grid estate, solar panel 3.5 kw, solarpanel 10 kw, windmill 3.5 kw, standby generator 10 kw, hotwater storage tank heated by roof panel, propane or wood.
- Address: 70216 CORBETT LINE
- Location: SOUTH HURON
- Nearest Town or City: Clinton
- Listing No: HP217316
- Ownership Type: Freehold
|Living room||Basement||10' 9'' x 17' 5''|
|Bedroom||Basement||8' 7'' x 7' 3''|
|Great Room||Basement||10' 9'' x 26' 9''|
|Recreation room||Basement||25' 7'' x 35' 10''|
|Master bedroom||Ground level||14' 4'' x 11' 11''|
|Sunroom||Ground level||8' 6'' x 17' 10''|
|2pc Bathroom||Ground level|
|4pc Ensuite bath||Ground level|
|Dining room||Ground level||17' 11'' x 17' 9''|
|Kitchen||Ground level||15' 2'' x 7' 7''|
|Living room||Ground level||27' 5'' x 17' 2''|
|Family room||Ground level||18' 0'' x 24' 0''|
|Great Room||Ground level||22' 0'' x 18' 0''|
|Office||Second level||9' 5'' x 11' 4''|
|Bedroom||Second level||13' 2'' x 12' 2''|
|4pc Bathroom||Second level|
|4pc Bathroom||Second level|
|Bedroom||Second level||12' 5'' x 11' 11''|
|Bedroom||Second level||9' 4'' x 10' 2''|
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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