775366 10 HIGHWAY Markdale
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- Listed Since: February 14th 2020
This is the country property youve been looking for a great raised bungalow in an amazing location! Features include: large living room picture window & plenty of natural light throughout; large, eat-in country kitchen w w/out to generous, multi-level deck ideal for dining outdoors; wood burning stove with wonderful, rustic field stone floor & hearth + w/out to covered porch; 2 LL w/outs to back yard, great for washing up after gardening/outdoor work. Lovely property sits on very private 6 acre nature-lovers paradise where youll enjoy walking trails through a park-like yard & fishing for Brook Trout in the Rocky Saugeen river or for Bass in the 12 deep pond (also great for swimming). Wishing for a man-cave or spot to sleep overnight guests? How about the insulated bunkie complete w hydro & wood stove! This property has it all, including close proximity to schools, shops, health care & popular local amenities. Its what people think of when they envision country living! (id:23309)
- Address: 775366 10 HIGHWAY
- Location: MARKDALE
- Ownership: FREEHOLD
- MLS: 244534
|Foyer||Ground level||4' 4'' x 6' 3''|
|3pc Bathroom||Ground level|
|Bedroom||Ground level||9' 9'' x 9' 11''|
|Bedroom||Ground level||13' 2'' x 9' 5''|
|Living room||Ground level||12' 2'' x 14' 2''|
|Kitchen||Ground level||12' 2'' x 21' 2''|
|Master bedroom||Ground level||12' 9'' x 12' 2''|
|Bedroom||In between||13' 7'' x 8' 8''|
|3pc Bathroom||In between|
|Laundry room||In between||10' 2'' x 12' 0''|
|Office||In between||12' 0'' x 11' 7''|
|Family room||In between||21' 5'' x 24' 10''|
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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