25 OLIVE STREET Port Elgin

25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
  • 25 OLIVE STREET
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$462,500

  • Listed Since: December 4th 2019

Rustic Chic! Check out the video of this Postcard pretty, 3 season cottage with tons of charm on a very private large lot just a 2-3 minute stroll to a gorgeous sand beach. Nestled among the trees this cottage comes exactly as you see it, complete with furniture & accessories -just stay and enjoy the peace, the beach and the privacy. Brand new wrap around deck for your relaxation and BBQs, 3 bedrooms plus extra loft space, new bathroom and a charming kitchen with new sink and live-edge counters leading to a bright eating area surrounded by windows. Natural gas fireplace for chillier evenings keeps the cottage cozy. 2 bedrooms down, a brand new 3 piece bathroom, sleeping room up with 2 beds for children or guests and extra loft space for chilling out. Plumbing & electrical updated (80% is new). The large irregular lot (158 x 126) has green space abutting it. Why not enjoy this beautiful cottage for now and consider the possibility of a year round residence in the future. (id:23309)

  • Address: 25 OLIVE STREET
  • Location: PORT ELGIN
  • Ownership: FREEHOLD
  • MLS: 235792

This home is located in Port Elgin Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

Great RoomGround level21' x 13'
KitchenGround level10' 6'' x 7'
OtherGround level12' 6'' x 8' 6''
BedroomGround level10' 6'' x 8' 6''
BedroomGround level10' 6'' x 8' 6''
3pc BathroomGround level 
BedroomSecond level10' x 10'
  • 3 Bedrooms
  • 1 Bathrooms
  • 870 Square Feet
  • $1,730 / month (estimated mortgage)

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Listing provided by COLDWELL BANKER THE PROPERTY SHOPPE Brokerage (PE)

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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.

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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.

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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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