28 MIRAMICHI BAY ROAD Port Elgin
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- Listed Since: September 6th 2019
Gorgeous Custom Built Home (Devitt Uttley) ready for you to entertain your friends and family. With excellent views of beautiful Lake Huron, this home will not disappoint. 5 bedrooms, 4 bathrooms, large open living spaces and a beautifully detailed Kitchen featuring a custom island topped with a cherry butcher block counter, two dishwashers and large farmhouse sink. Private master bedroom with 5 Piece ensuite. High end finishes and fixtures throughout and a Stunning View are just a few of the gems to be found. Pool with swim current, Large Fireplace, Solar Domestic Hot Water and Radiant Heat as well as a contract to sell Power back to the Grid at .42 cents! (id:23309)
- Address: 28 MIRAMICHI BAY ROAD
- Location: SAUGEEN SHORES
- Ownership: FREEHOLD
- MLS: 219770
|Living room/Dining room||Ground level||33' 7'' x 18'|
|Sunroom||Ground level||9' 4'' x 18' 11''|
|Laundry room||Ground level||12' 3'' x 14' 0''|
|5pc Ensuite bath||Ground level||8' 1'' x 16' 9''|
|Master bedroom||Ground level||16' 9'' x 22' 10''|
|2pc Bathroom||Ground level||5' 1'' x 6' 9''|
|Storage||Ground level||7' 2'' x 8' 6''|
|Family room||Ground level||16' 3'' x 14' 7''|
|Pantry||Ground level||7' 11'' x 5' 6''|
|Kitchen||Ground level||14' 0'' x 14' 0''|
|5pc Bathroom||Second level||5' 6'' x 12' 2''|
|Bedroom||Second level||16' 5'' x 10' 9''|
|Bedroom||Second level||15' 7'' x 13' 0''|
|Bedroom||Second level||16' 0'' x 10' 11''|
|Bedroom||Second level||16' x 12' 8''|
|5pc Bathroom||Second level||12' x 8' 2''|
Monthly Mortgage Payments
Thinking about buying 28 MIRAMICHI BAY ROAD -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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