245 GEDDES Street, Elora

245 GEDDES Street
  • 245 GEDDES Street
  • 245 GEDDES Street
  • 245 GEDDES Street
  • 245 GEDDES Street
  • 245 GEDDES Street
  • 245 GEDDES Street
  • 245 GEDDES Street
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$337,500 CAD

  • Listed Since: September 14th 2018

Steps to Eloras downtown, parks and the gorge! This is an ideal home for a first time home buyer or someone looking to add to their investment portfolio! Zoned C4 this diamond in the ruff can also be prefect for the young entrepreneur. 2 Bedroom, 1 bath room home with a 1.5 detached garage. New furnace. Some TLC required, needs roof, priced to move. This great property for someone who enjoys the reward from a little work. What can you buy detached at this price in Elora! Call before its gone. (id:23309)

  • Address: 245 GEDDES STREET
  • Location: ELORA
  • Ownership: FREEHOLD
  • MLS: 30683445

This home is located in Elora Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

Living roomGround level16' 4'' x 9' 4''
Dining roomGround level13' 5'' x 12' 9''
KitchenGround level14' 4'' x 12' 4''
BedroomSecond level12' 7'' x 9' 5''
BedroomSecond level10' 0'' x 9' 2''
3pc BathroomSecond level 
  • 2 Bedrooms
  • 1 Bathrooms
  • 1,011 Square Feet
  • $1,304 / month

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Listing provided by Royal LePage Royal City Realty

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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.

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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.

  • 245 GEDDES Street, Elora, Ontario

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