174 DURHAM ROAD W Durham
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- Listed Since: September 18th 2019
Stunning brand-new build makes a great impression from the street that only gets better when you step inside! High-end materials & designer touches youll notice modern light fixtures, hardware & faucets, granite counters, lovely panelled doors & trim work. Striking stacked stone natural gas fireplace is centrepiece of living room + walk-out to generous rear deck w privacy fence. Bright kitchen w clean lines & custom cupboards optimizes storage. Expansive fully finished lower level incl 3rd bedroom & family room featuring over-sized windows, finished storage, 3pc bath. Full Tarion warranty in place for peace of mind. Amazing floor plan allows for small footprint meaning less outdoor maintenance & more time to enjoy the surroundings: parks, the Saugeen river & McGowan Falls to name a few! Enjoy small town living and easy access to amenities-walk to shopping, new medical centre/hospital, school, arena and more. Only 15min to Hanover, just over 1hr to Guelph, 1.5hrs to K/W. (id:23309)
- Address: 174 DURHAM ROAD W
- Location: DURHAM
- Ownership: FREEHOLD
- MLS: 222543
|Living room||Ground level||13' 0'' x 16' 0''|
|4pc Ensuite bath||Ground level|
|3pc Bathroom||Ground level|
|Foyer||Ground level||6' 0'' x 11' 5''|
|Bedroom||Ground level||11' 6'' x 11' 0''|
|Master bedroom||Ground level||11' 8'' x 14' 0''|
|Kitchen||Ground level||11' 4'' x 12' 7''|
|Dining room||Ground level||10' 10'' x 16' 0''|
|Bedroom||Lower level||11' 5'' x 15' 0''|
|Family room||Lower level||16' 1'' x 23' 3''|
|Utility room||Lower level||21' 5'' x 17' 0''|
|3pc Bathroom||Lower 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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