87 BRUCE 17 ROAD Tara
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- Listed Since: January 10th 2020
Location is everything! Centrally located between Port Elgin and Owen Sound, 40 mins to Bruce Power, this fabulous bungalow sits on a paved County Road with a just over 3/4 acre property, views of the Sauble River, and numerous trees for a park like setting. Plenty of space in front of the double car garage. Once you step inside, the bright and open concept kitchen/dining/living room, with patio doors at the rear of the home for the fabulous views, are sure to impress. Large closets adorn all 3 of the main floor bedrooms, a two piece bathroom just off the garage, a 4 piece bathroom beside the bedrooms complete the main floor. The full, partially finished basement with an extra large family room, 3 pc bathroom and an additional bedroom, provides tons of room for your family. A newer forced air natural gas furnace and many other updates compliment this home. This home will not last long in this market! (id:23309)
- Address: 87 BRUCE 17 ROAD
- Location: ARRAN-ELDERSLIE
- Ownership: FREEHOLD
- MLS: 239647
|Dining room||Ground level||13' 3'' x 10' 4''|
|Master bedroom||Ground level||13' 4'' x 12' 2''|
|Living room||Ground level||16' 11'' x 15' 11''|
|Kitchen||Ground level||10' 3'' x 10' 9''|
|Bedroom||Ground level||10' 3'' x 13' 1''|
|Bedroom||Ground level||12' 2'' x 8' 2''|
|4pc Bathroom||Ground level||10' 3'' x 5' 5''|
|2pc Bathroom||Ground level||6' 7'' x 2' 4''|
|Bedroom||Lower level||12' 7'' x 13' 3''|
|3pc Bathroom||Lower level||7' 10'' x 6' 1''|
|Laundry room||Lower level||10' 4'' x 9' 7''|
|Utility room||Lower level||10' 9'' x 7' 11''|
|Family room||Lower level||43' 9'' x 17' 4''|
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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