8897 Wellington Rd 5, Palmerston
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- Listed Since: June 14th 2018
Offering a cozy exterior with a modern layout, this dream home will not disappoint. Just outside the upbeat town of Palmerston, this property offers lots of privacy while still being close to all necessary amenities. With a breathtaking view and no close neighbors, youll find yourself enjoying quiet country evenings around the fire. This home includes 5 bedrooms, an inground pool and ample amounts of space for the kids to run around. Protected by beautiful trees, this dynasty exudes charm and grace throughout all 3097 square feet. Dark cabinetry in the kitchen draws your eye to the beautiful light countertops and large floating island, perfect for cooking, preparing and hosting large family dinners. French doors provide privacy for late night TV with large windows that let the outdoor scenery come to you. Spacious bedrooms throughout do not compare to the Master, which features a luxurious en-suite and walk-in closet. The fully finished basement really ties this house together with a separate entrance and patio doors taking you right outside to your oasis. Large upper and lower level decks provide depth to the space and a covered seating area is perfect for shade or rainy nights. Besides an already large 3 car detached garage, youll find a shop with its very own private driveway. Features: 39 workable acres, Executive style home, Pool, Hottub, 5 bedrooms, 4 bathrooms, 40 x 110 shop. (id:23309)
- Address: 8897 WELLINGTON RD 5
- Location: MINTO
- Ownership: FREEHOLD
- MLS: 30665858
|Bedroom||Basement||13' 11'' x 11' 8''|
|Hobby room||Basement||27' 0'' x 14' 7''|
|Den||Basement||26' 3'' x 12' 3''|
|Other||Basement||13' 5'' x 10' 10''|
|Living room||Ground level||15' 8'' x 15' 10''|
|2pc Bathroom||Ground level|
|Laundry room||Ground level||17' 2'' x 12' 0''|
|4pc Ensuite bath||Ground level|
|Master bedroom||Ground level||13' 6'' x 21' 0''|
|Kitchen||Ground level||26' 2'' x 29' 0''|
|Bedroom||Second level||12' 11'' x 10' 0''|
|Bedroom||Second level||11' 2'' x 12' 10''|
|4pc Bathroom||Second level|
|Bedroom||Second level||13' 5'' x 10' 0''|
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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