502 BUCKBY Lane Port Elgin Ontario

A residential home for sale in Port Elgin

502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane | Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
  • 502 BUCKBY Lane Port Elgin Ontario
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$389,000 CAD

MLS® 411046000441500

Welcome to this attractive home, on a large corner lot, in a desireable neighbourhood at the Beach Community of Port Elgin. This house features oak hardwood floors, natural gas heating and fireplace, air conditioning, two back decks, a hot tub and an above-ground pool. Kitchen and main floor bathroom have been upgraded since the original build. Built by Barry's Construction, this home features 3 bedrooms on the main floor and 1 in the basement. There are walkouts to the back yard from the Upper Deck, the Laundry Room, and via patio doors from the Family Room.

This home is located in a wonderful town known as Port Elgin Ontario. To learn more about how to purchase this home contact Brandon -- he would be more than happy to assist you.

  • 4 Bedrooms
  • 2 Bathrooms
  • 1,107 Square Feet
  • $1,369 / month

Monthly Mortgage Payments at 2.34

Thinking about buying this home in Port Elgin -- lets calculate some mortgage payment options and see if purchasing this home can become a reality.

  • Down Payment
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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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  • Mortgage Rate
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The rate of interest you will pay on the outstanding balance of your mortgage.

  • Mortgage Type
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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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Fixed 1 Year 2.34Fixed 5 Years 2.54

These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.

  • 502 BUCKBY Lane, Port Elgin, Ontario

The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.