481 CONCESSION 8 Elmwood
Up to 37 photos available.
- Listed Since: March 24th 2020
Must see beautifully landscaped property with a century home and large shop sitting on 1.51 acres approximately 10 minutes north of Hanover and Walkerton. Renovations include: custom kitchen, bathrooms, flooring, paint, windows, siding, doors, electrical and plumbing. Enjoy stunning views of the sunset and countryside from your large covered wrap around veranda. Top it off with an irrigation system, geothermal heat source, stamped concrete sidewalk, fully paved driveway, metal shake & tile roof and 32 x 37 heated 2 bay garage/shop which includes a 3 pc bathroom. Call today for all the details. (id:23309)
- Address: 481 CONCESSION 8
- Location: BROCKTON
- Ownership: FREEHOLD
- MLS: 252268
|Living room||Ground level||14' 0'' x 21' 0''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||13' 0'' x 12' 0''|
|Kitchen||Ground level||15' 0'' x 11' 0''|
|Foyer||Ground level||14' 0'' x 21' 0''|
|Laundry room||Ground level||10' 0'' x 9' 0''|
|Bedroom||Second level||9' 0'' x 10' 0''|
|Bedroom||Second level||13' 0'' x 12' 0''|
|Loft||Second level||7' 0'' x 13' 0''|
|Bedroom||Second level||11' 0'' x 13' 0''|
|4pc Bathroom||Second 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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