504223 GREY ROAD 12 RD Markdale
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- Listed Since: November 8th 2019
Picturesque Charm & Pure Country Curb Appeal Found In This One-Owner Home! Privately Situated On Almost 5 Acres Is A Beautiful, Custom Built Log Home Offering 2300 Sq Ft Of Living Space With An 1100 Sq Ft, 3-Bay Garage/Workshop For All The Toys. Big Windows & Soaring Cathedral Ceilings Light This Open Concept Design. Spectacular Wood Finishes. Gourmet Kitchen With Solid Cherry Cabinets & Bkfst Bar, Spacious Dining Area & Great Room With Nat Gas Fireplace.**** EXTRAS **** Two Bdrms & 4 Pc Bath With Soaker Tub Also On Main Floor. 800 Sq Ft Lofted Master Retreat With Ensuite. Main Fl Laundry & Huge Mudroom Combination. Efficient Nat Gas Furnace & Central Air. Outdoor Nat Gas Hookups. (id:23309)
- Address: 504223 GREY ROAD 12 RD
- Location: WEST GREY
- Ownership: FREEHOLD
- MLS: X4629841
Monthly Mortgage Payments
Thinking about buying 504223 GREY ROAD 12 RD -- 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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