7734 COUNTY ROAD 56 Utopia
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- Listed Since: November 18th 2019
Fantastic Value For A Country Property That's Located Just A Few Minutes Drive Into Barrie. Great Spot Outside Of Town But Easy Commute To Work. Enjoy All That A Country Property Living Has To Offer, With The Added Luxury Of Open Perfect Sod Field Surrounding You. Feels Like You Own 30 Acres !! Lot's Of Wildlife To Enjoy, Have A Winter Bonfire And Some Hot Chocolate. Very Clean And Well Cared For Home. Garage Access, W/Out To Yard From Rec Room. Cozy & Warm!**** EXTRAS **** Main Floor Has A 4th Bedroom With 2 Pc Ensuite But Can Easily Be Converted Back To Living Room Or Have As An Office. Car Driveway Turn Around, Parking For 9 Cars This Christmas Dinner. Go For A Long Walk Or Snowshoe Across The Fields. (id:23309)
- Address: 7734 COUNTY ROAD 56
- Location: ESSA
- Ownership: FREEHOLD
- MLS: N4636787
|Recreational, Games room||Basement||4.62 m x 3.5 m|
|Family room||Main level||6.67 m x 3.1 m|
|Kitchen||Second level||3.25 m x 3.1 m|
|Dining room||Second level||4.1 m x 3.03 m|
|Bedroom||Second level||3.74 m x 2.64 m|
|Master bedroom||Upper Level||6.81 m x 3.24 m|
|Bedroom||Upper Level||3.92 m x 2.66 m|
|Bedroom||Upper Level||4.41 m x 2.76 m|
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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