1081 WELLINGTON STREET Port Elgin
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- Listed Since: February 13th 2020
This is the first time this home has been offered for sale. Built in 1976, pride of ownership shines through this multi level home. Backing onto the Rail Trail, a short walk to the Plex, BMX bike park & grocery store. Located on a mature, treed lot, complete with a shed/play house, 2 gazebos, pond & fully fenced rear yard. Hardwood throughout the main floor, with carpet in the upper bedrooms, most windows have been replaced. The living room is heated with a natural gas fireplace, the lower level rec. room has a natural gas stove. There are two ductless A/C units, one in the dining room & the other in the lower level rec. room. (id:23309)
- Address: 1081 WELLINGTON STREET
- Location: SAUGEEN SHORES
- Ownership: FREEHOLD
- MLS: 244546
|Kitchen||Ground level||11' 1'' x 10' 9''|
|Dining room||Ground level||9' 6'' x 11' 7''|
|Living room||Ground level||9' 6'' x 11' 7''|
|Recreation room||In between||11' 2'' x 25' 5''|
|2pc Bathroom||In between|
|Bedroom||In between||11' x 7'|
|3pc Bathroom||Second level||12' 9'' x 4' 9''|
|Master bedroom||Second level||13' 8'' x 13' 4''|
|Bedroom||Second level||9' 6'' x 15'|
|Bedroom||Second level||11' 5'' x 9' 1''|
Monthly Mortgage Payments
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- Down Payment
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- 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
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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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