25 MARR DR, Elora
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- Listed Since: May 14th 2019
A True Bungalow! Beautiful Keating Built 2+1 Bedroom, 3 Full Bath With Everything You Need On One Level! Large Kitchen With Gas Range, Island With Breakfast Bar, Pot Drawers & Stainless Appliances. Hardwood Throughout The Large Dining & Living Room. Huge Master Bedroom With Beautiful 4-Pc Bath With Upgraded Soaker Tub & Glass Shower. Main Floor Offers 9' Ceilings, Laundry, Garage Access & Walk-Out To Covered Trex Patio!**** EXTRAS **** Basement Has An Additional Bedroom With Walk-In Closet, A 4-Pc Bathroom And A Massive Unfinished Area For Your Ideas! Upgrades: Insulated Garage & Garage Doors, Aggregate Driveway, Smooth Ceilings, 200Amp Service, Oak Stairs, Soffit Lights (id:23309)
- Address: 25 MARR DR
- Location: CENTRE WELLINGTON
- Ownership: FREEHOLD
- MLS: X4441211
|Bedroom 3||Basement||4.56 m x 3.49 m|
|Kitchen||Main level||3.33 m x 3.47 m|
|Dining room||Main level||3.28 m x 3.52 m|
|Living room||Main level||5.45 m x 4.49 m|
|Master bedroom||Main level||6.45 m x 3.62 m|
|Bedroom 2||Main level||3.34 m x 4.17 m|
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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