678 15/16 SIDE Road W, Oro Station
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- Listed Since: February 8th 2019
WHAT A FIND!! RICH WITH HISTORY, ULTIMATE NATURE LOVERS PARADISE. THIS 110 ACRE FARM AND HOME IS YOUR PERFECT ESCAPE FROM THE CITY BEING ONLY 10 MIN TO BARRIE OR ORILLIA AND MOMENTS TO HIGHWAY 11. THE HOME IS OVER 2700 SQFT AND HAS A LARGE OPEN KITCHEN/DINING ROOM, OFFICE, GREAT ROOM WITH CATHERDRAL CEILINGS AND FLOOR TO CEILING FIELD STONE WOOD FIREPLACE. 2 MAIN FLOOR BEDROOMS, AND HEAD UP TO A LOFT MASTER BEDROOM WITH WALK IN CLOSET AND FULL ENSUITE INCLUDING SOAKER TUB, AMAZING VIEWS FROM EVERY WINDOW. FULL BASEMENT WITH 2 WALKOUTS, LEAVING MANY POSSIBLE OPPURTUNITIES FOR FINISHING EXTRA SPACE OR POSSIBLY AN INLAW APARTMENT. TRIPLE CAR GARAGE WITH INSIDE ENTRY. DRILLED WELL, GEOTHERMAL HEATING, SOLAR PANELS CURRENTLY GENERATING APPROX $9000 YEARLY. PROPERTY FEATURES A SEVERAL ACRE SPRING FED POND, BARN WITH ELECTRICITY AND WATER, LOFT, STALLS. ADDITIONAL BARN CURRENTLY USED FOR STORAGE. THE HISTORY OF THE PROPERTY DATES BACK TO THE UNDERGRUND RAILROAD AND IS LOCATED ON A CORNER SO OFFERS THOUSANDS AND THOUSANDS OF FEET OF ROAD FRONTAGE (id:23309)
- Address: 678 15/16 SIDE ROAD W
- Location: ORO-MEDONTE
- Ownership: FREEHOLD
- MLS: 30711380
|Foyer||Ground level||7' 4'' x 4' 5''|
|Office||Ground level||10' 0'' x 13' 6''|
|Great Room||Ground level||26' 10'' x 15' 6''|
|Kitchen||Ground level||15' 3'' x 14' 4''|
|Dining room||Ground level||16' 10'' x 13' 2''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||10' 2'' x 11' 8''|
|Bedroom||Ground level||11' 9'' x 9' 11''|
|Other||Ground level||5' 11'' x 6' 9''|
|Master bedroom||Second level||16' 9'' x 16' 7''|
|5pc 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.
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- 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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