8515 8th Line Utopia
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- Listed Since: January 14th 2020
Top 5 Reasons You Will Love This Home: 1) Ranch bungalow w/ a finished basement & hardwood & ceramic tile in the main level 2) 9 minute drive to Barrie, 45 minutes to the GTA 3) Fully renovated w/ over $130k in upgrades to the kitchen, flooring, siding, & more 4) Fantastic layout ideal for entertaining & family living 5) Solar panels offering $60k in potential revenue over the next 15 years. 2910 Fin.sq.ft. For info, photos & video, visit our website. (id:23309)
- Address: 8515 8TH LINE
- Location: ESSA
- Ownership: FREEHOLD
- MLS: 30783455
|Bedroom||Basement||3.99m x 3.86m|
|Exercise room||Basement||6.38m x 4.11m|
|Workshop||Basement||5.92m x 3.94m|
|Utility room||Basement||7.47m x 6.73m|
|Recreation room||Basement||6.86m x 4.78m|
|4pc Bathroom||Ground level|
|2pc Bathroom||Ground level|
|Bedroom||Ground level||3.56m x 3.1m|
|Bedroom||Ground level||3.66m x 3.61m|
|3pc Ensuite bath||Ground level|
|Mud room||Ground level||4.11m x 2.13m|
|Living room||Ground level||5.31m x 4.98m|
|Family room||Ground level||4.32m x 4.24m|
|Dining room||Ground level||6.6m x 4.32m|
|Master bedroom||Ground level||4.67m x 4.32m|
|Eat in kitchen||Ground level||6.6m x 4.22m|
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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