228 BRUCE ROAD 40 Dobbinton
Up to 36 photos available.
- Listed Since: February 5th 2020
Top three Reasons why youll want to see this one: 1) Looking for a place to get away? This cabin sits on a large lot and offers the perfect place for your weekend retreats. 2) Completely off grid, powered by a high end Schneider Electric Solar system designed to deliver maximum power from the sun to the battery bank, composting toilet & propane fridge & Stove make for economical living. 3) Custom built, board and baton exterior, steel roof, engineered hard wood floors, and loft make this place fun and unique. Home does not have final occupancy or a septic system and is Being sold AS IS. (id:23309)
- Address: 228 BRUCE ROAD 40
- Location: DOBBINTON
- Ownership: FREEHOLD
- MLS: 242702
|Dining room||Ground level||12' 10'' x 10' 4''|
|Living room||Ground level||23' x 12' 6''|
|Bedroom||Ground level||10' 7'' x 7' 4''|
|Utility room||Ground level||4' 7'' x 3' 4''|
|4pc Bathroom||Ground level|
|Kitchen||Ground level||14' 8'' x 10' 2''|
|Loft||Second level||11' 2'' x 10' 10''|
Monthly Mortgage Payments
Thinking about buying 228 BRUCE ROAD 40 -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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