• Listed Since: October 1st 2019

The Starter Home (Dawn) from $429,900.00 - A brand new home doesnt have to break the bank! New homes are less costly to maintain than older resale homes that often have expensive energy bills, or require unexpected costly repairs. New homes give you the peace-of-mind you want from home-ownership and the Dawn is perfect for those looking to get the most from their budget. Features 3 spacious bedrooms, with an open concept layout. Whether this is your first home or you are upgrading from an apartment or townhome, the Walker Homes starter home plan is ideal for those who want a NEW single family home. (id:23309)

  • Location: PORT ELGIN
  • Ownership: FREEHOLD
  • MLS: 224715

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.

BedroomGround level10' 10'' x 10'
BedroomGround level10' 10'' x 10'
4pc BathroomGround level 
Master bedroomGround level12' 6'' x 12'
Living roomGround level19' x 12'
KitchenGround level9' x 10'
DinetteGround level10' x 10'
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,287 Square Feet
  • $1,608 / month (estimated mortgage)

REALTOR® and MLS® Trademarks

Monthly Mortgage Payments

Thinking about buying LOT 11 NORMANTON STREET -- 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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