A Bridge Street, Elora
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- Listed Since: December 5th 2018
This new build bungalow in Elora close to the walking trail has a huge yard backing onto South Ridge Park. At 2015 sq ft, there is lots of room for family and/or entertaining. The master bedroom features an ensuite and walk-in closet. Add to that two bedrooms, another bathroom plus a full unfinished basement ready to fit your needs. Built by a quality local builder, this home features a huge, bright open concept kitchen, dining and living area with included features that are well above standard. Come in and talk, take the stress out of buying a new build (id:23309)
- Address: A BRIDGE STREET
- Location: ELORA
- Ownership: FREEHOLD
- MLS: 30702202
|Kitchen||Ground level||18' 0'' x 19' 9''|
|Dining room||Ground level||13' 0'' x 14' 0''|
|Living room||Ground level||16' 0'' x 19' 4''|
|Master bedroom||Ground level||15' 0'' x 16' 0''|
|3pc Ensuite bath||Ground level|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||11' 8'' x 11' 0''|
|Bedroom||Ground level||11' 0'' x 11' 0''|
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.
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