LOT 15 NORMANTON STREET Port Elgin
- Listed Since: October 1st 2019
Welcome to the Martin Model in the Walker Homes family. This 2 storey is 2,247sq ft, 3 bedroom home has an optional 4th bedroom, 3 bathrooms (plus Basement rough-in). Spaciously laid out with an open concept kitchen,dining and living room. The quality of features and finishes is evident throughout this beautiful custom subdivision home that could be built to your own taste. Walker Homes includes luxury standard features including; 9 ceilings on main floor, luxurious Canadian made kitchen cabinetry, deluxe solid wood staircase, gas fireplace, deluxe trim package, solid brick exterior with shake and stone accents and so much more! Located in the heart of Port Elgin is the new SummersideEstate, perfect community for families, young professionals and retirees. Stroll along the many walking trails, enjoy the beautiful sunsets, spend a day at the beach or shop downtown. Port Elgin and the scenic Saugeen Shores area is a wonderful community to live and grow in. Call Today for more info. (id:23309)
- Address: LOT 15 NORMANTON STREET
- Location: PORT ELGIN
- Ownership: FREEHOLD
- MLS: 224724
|Dining room||Ground level||11' x 14'|
|Kitchen||Ground level||14' 5'' x 17' 4''|
|Great Room||Ground level||14' 9'' x 13'|
|Mud room||Ground level||7' 9'' x 10'|
|2pc Bathroom||Ground level|
|4pc Ensuite bath||Ground level|
|4pc Bathroom||Second level|
|Master bedroom||Second level||15' 0'' x 16' 5''|
|Bedroom||Second level||15' 1'' x 12'|
|Bedroom||Second level||13' 10'' x 10' 9''|
|Bedroom||Second level||10' 11'' x 13' 5''|
Monthly Mortgage Payments
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- 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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