405282 GREY ROAD 4, R.R.# 5, Flesherton
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- Listed Since: May 14th 2019
2018 bungalow on 2 acres in Grey Highlands offers open concept living with vaulted ceilings and gorgeous stone fireplace. Three bedrooms on main level with supporting bath. Master offers dual closets, ensuite and walk out to covered deck. Basement is drywalled and ready for future living space. Outside, a 25' x 35' shop with loft. Why not take this opportunity for country living? (id:23309)
- Address: 405282 GREY ROAD 4, R.R.# 5
- Location: FLESHERTON
- Ownership: FREEHOLD
- MLS: 30734885
|Living room||Ground level||16' 9'' x 21' 0''|
|Bedroom||Ground level||9' 10'' x 12' 3''|
|Bedroom||Ground level||9' 0'' x 10' 7''|
|Master bedroom||Ground level||13' 11'' x 10' 6''|
|4pc Ensuite bath||Ground level|
|Laundry room||Ground level||6' 0'' x 9' 3''|
|Kitchen||Ground level||9' 2'' x 12' 11''|
|Dining room||Ground level||10' 6'' x 12' 11''|
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
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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.
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