5398 FOURTH Line Rockwood
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- Listed Since: May 22nd 2020
"Country roads, take me home..." You'll be singing this classic in no time as you start to check this out. This home has been helping to create family memories for over 35+years & is ready for your family to take over. Outside, you'll notice right away the manicured yard, fenced in pool + cabana, & of course, the show-stopping 3 car detached shop just waiting for your projects. PLUS there's still 2 more garage spaces attached to this bungalow beauty! Inside, you'll see the great layout w/ family in mind. The mudroom/laundry room combo will help start your mornings off right while shuffling everyone out the door. Come home at the end of the day & tuck all the bags and clutter away. This way you can show off your renovated kitchen, including the high end Stainless Steel appliances, plus have warm toes on the heated floors. Let the kids unwind after school in the main floor family room, or send them downstairs to the totally finished basement. Plus, your master retreat is calling your name. Sneak out for a hot tub off your private sliding doors!! Join the kids in the basement for some R & R. Maybe you'll continue the lounge feels with another theater room, or billiards area. Gather your friends around the bar on the weekend too! Don't worry about storage either, as these owners have thought of everything, including a cedar closet. Come see it all, and find out why this is the place where you belong! (id:23309)
- Address: 5398 FOURTH LINE
- Location: ERAMOSA
- Ownership: FREEHOLD
- MLS: 30808321
|Utility room||Basement||9' 3'' x 13' 9''|
|Utility room||Basement||13' 11'' x 9' 11''|
|Storage||Basement||4' 4'' x 35' 0''|
|Storage||Basement||15' 0'' x 14' 3''|
|Other||Basement||14' 4'' x 16' 1''|
|Recreation room||Basement||23' 7'' x 39' 1''|
|Living room||Ground level||11' 5'' x 19' 1''|
|Master bedroom||Ground level||15' 7'' x 16' 10''|
|Laundry room||Ground level||8' 2'' x 10' 4''|
|Kitchen||Ground level||9' 11'' x 14' 0''|
|Dining room||Ground level||9' 11'' x 15' 0''|
|Bedroom||Ground level||10' 6'' x 9' 9''|
|Bedroom||Ground level||10' 7'' x 11' 6''|
|4pc Ensuite bath||Ground level||10' 7'' x 8' 1''|
|4pc Bathroom||Ground level||7' 10'' x 8' 2''|
|3pc Bathroom||Ground level||7' 2'' x 4' 5''|
Monthly Mortgage Payments
Thinking about buying 5398 FOURTH Line -- 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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