825191 40 GREY ROAD Markdale
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- Listed Since: January 17th 2020
Live OFF THE GRID! Lovely post and beam straw bale home on 26.85 acres. Open concept 3 bedroom 2 bath home, main floor filled with natural light, a bright master suite has private office space, walk in closet and ensuite bathroom! The basement is partially completed with pantry, work shop and huge space for your finishing touches. Completely off the grid with solar panels, batteries, generator and basement with in floor heating. Trails, pond and natural springs to enjoy! Out buildings, paddocks and a fenced garden. (id:23309)
- Address: 825191 40 GREY ROAD
- Location: GREY HIGHLANDS
- Ownership: FREEHOLD
- MLS: 240665
|Living room/Dining room||Ground level||31' 5'' x 14'|
|Kitchen||Ground level||15' 0'' x 12' 9''|
|Bedroom||Ground level||15' 0'' x 12' 8''|
|Bedroom||Ground level||12' x 10' 5''|
|Laundry room||Ground level||13' x 5'|
|3pc Bathroom||Ground level|
|Master bedroom||Second level||26' x 19'|
|3pc Ensuite bath||Second level|
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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