288 Geddes Street Elora
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- Listed Since: January 21st 2020
Character, quality, warmth & workmanship are a few words that describe this spectacular custom built 2 storey home with over 5100 sq ft of living space. Located on a prime, private, mature treed lot backing onto conservation, you're steps away from the lure of downtown Elora. The gorge, trails, Grand River, shops, pubs & restaurants, this home offers luxury living, privacy & downtown lifestyle in such high demand today. Commuters will cherish the short drive to KW, Guelph & 401. Locally crafted, the detail is evident throughout with exposed aggregate drive, fully landscaped with Bruce Peninsula hardscape, perennial gardens, custom lighting & mature trees. The exterior is a mix of stone, brick & wood which blends into its natural setting. Enter the main floor & find 10 ft ceilings, custom wood trim, doors/floors & stone tile. The impressive custom kitchen features massive island overlooking dining area & living room & creates the ideal space to entertain. Walk out to covered deck & awesome views over fenced yard. Formal dining room & spacious home office also complement the main floor. Venture to the 2nd level & find 4 generous bedrooms. Master features walkin closet & luxury ensuite that will spoil your senses. Wander to the lower level featuring spacious recroom, home gym, den & office/studio. Convenient walkup offers inlaw potential. With 4 bathrooms, 3 fireplaces & the latest in home tech & mechanicals, this home will impress the most discerning Buyer. (id:23309)
- Address: 288 GEDDES STREET
- Location: ELORA
- Ownership: FREEHOLD
- MLS: 30786179
|Recreation room||Basement||18' 7'' x 21' 2''|
|Utility room||Basement||14' 2'' x 7' 9''|
|Office||Basement||11' 4'' x 16' 4''|
|Den||Basement||11' 5'' x 14' 8''|
|Exercise room||Basement||13' 10'' x 27' 8''|
|2pc Bathroom||Ground level|
|Mud room||Ground level||13' 10'' x 6' 6''|
|Living room||Ground level||19' 6'' x 22' 4''|
|Kitchen||Ground level||13' 8'' x 16' 10''|
|Dining room||Ground level||12' 0'' x 19' 6''|
|Den||Ground level||11' 10'' x 11' 11''|
|Breakfast||Ground level||13' 8'' x 10' 3''|
|Laundry room||Second level||9' 11'' x 6' 4''|
|Bedroom||Second level||14' 4'' x 15' 7''|
|Bedroom||Second level||14' 1'' x 12' 0''|
|5pc Ensuite bath||Second level|
|Bedroom||Second level||9' 11'' x 11' 11''|
|5pc Bathroom||Second level|
|Master bedroom||Second level||18' 10'' x 21' 5''|
Monthly Mortgage Payments
Thinking about buying 288 Geddes Street -- 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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