73 ELGIN ST Tobermory

  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
  • 73 ELGIN ST
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Amazing Waterfront At The Tip Of The Bruce Peninsula, Forested With Cedar Trees And Offering Plenty Of Privacy. This 3 Bedroom, 2 Bathroom Home Has Proven Rental Income Ability. The House Has A Bright Open Concept Living Room And Kitchen And Expansive Deck Overlooking Georgian Bay. Propane Fireplace And Electric Heat Throughout. Large Basement For Storage And Utilities Or Potential For Another Bedroom Or Bathroom.**** EXTRAS **** Aerobic Septic System. New Heated Waterline. New Laminate Floors Throughout The Main Level And Full Bathroom Renos Completed. New Furniture And Light Fixtures. => More Info=> Click Below=> 'More Information' Or 'Multimedia' On Mobile. (id:25417)

  • 3 Bedrooms
  • 2 Bathrooms
  • $2,415 / month (estimated mortgage)
  • Listing ID: X4805106
  • Listed On: JUNE 24TH 2020
  • Address: 73 ELGIN ST
  • Postal Code: N0H 2R0

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Additional Details

  • Features: Recreational
  • Property Type: Single Family
  • Ownership Type: Freehold
  • Parking Spaces: 3
  • Waterfront: Waterfront

Building Details

  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 1
  • Construction Style Attachment: Detached
  • Exterior Finish: Vinyl
  • Fireplace Present: True
  • Bathrooms (Total): 2
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Stories Total: 2
  • Type: House

Land Details

  • Size Irregular: 141.5 FT

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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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