429 BUCKBY LANE Port Elgin

429 BUCKBY LANE
  • 429 BUCKBY LANE
  • 429 BUCKBY LANE
  • 429 BUCKBY LANE
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$599,900

  • Listed Since: May 22nd 2020

The framing is complete for this brand new home at 429 Buckby Lane in Port Elgin. The main floor is 1260 sqft with 9ft ceilings. This home is a 2 + 2 bedroom with 3 full baths; it comes with a fully finished basement with the exception of the utility room. Standard features include hardwood & ceramic throughout the main floor, 5pc ensuite bath with double sinks and separate free standing soaker tub, gas fireplace, partially covered deck 12 x 20, Quartz kitchen counters and more. HST is included in the list price provided the Buyer qualifies for the rebate and assigns it to the Builder on closing. (id:23309)

  • Address: 429 BUCKBY LANE
  • Location: PORT ELGIN
  • Ownership: FREEHOLD
  • MLS: 233815

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.

Family roomBasement17' 9'' x 12' 1''
Family roomBasement12' 4'' x 14' 8''
Laundry roomBasement8' 4'' x 17' 0''
3pc BathroomBasement 
BedroomBasement10' 0'' x 11' 11''
BedroomBasement10' 1'' x 11' 11''
Living roomGround level13' 2'' x 14' 4''
Dining roomGround level10' 6'' x 12' 9''
KitchenGround level10' 10'' x 12' 9''
4pc BathroomGround level 
BedroomGround level12' 6'' x 10' 1''
Master bedroomGround level11' 6'' x 12' 8''
5pc Ensuite bathGround level 
FoyerGround level10' 6'' x 5' 8''
  • 4 Bedrooms
  • 3 Bathrooms
  • 1,260 Square Feet
  • $2,244 / month (estimated mortgage)

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Listing provided by RE/MAX LAND EXCHANGE LTD 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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