2237 CONCESSION 2 Teeswater
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- Listed Since: March 23rd 2020
Located in the country on a paved road tucked in amongst the cedars. This 12 year old, 1.5 acre parcel includes an attached workshop, insulated car garage, dormer windows, skylights and impeccable county viewing from the year round sun room with in-floor heat. The home is built on a cement pad with in-floor piping but currently not hooked up. This home also includes 2nd storey veranda, 2 wood stoves for secondary heat and propane furnace for the primary heat. Overflowing drilled well with the potential to dig a pond. You will certainly enjoy this modern cozy country property. (id:23309)
- Address: 2237 CONCESSION 2
- Location: CULROSS TWP
- Ownership: FREEHOLD
- MLS: 252150
|Workshop||Lower level||25' 7'' x 13' 7''|
|Laundry room||Lower level||4' x 6'|
|Kitchen||Second level||10' x 12' 6''|
|Living room||Second level||22' 9'' x 10'|
|Sunroom||Second level||10' 3'' x 12'|
|Master bedroom||Second level||13' 8'' x 11' 9''|
|Bedroom||Second level||11' 6'' x 11' 3''|
|Other||Second level||10' x 12'|
|4pc Bathroom||Second level|
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
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- 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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