29 HIGHLAND Crescent, Walkerton
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Ideal country retreat located on over an acre in an executive style subdivision just minutes to Walkerton and approximately 35 minutes to Bruce Power. With a total of 4200 square foot of living space, this Cape Cod style home has undergone major upgrades over the last year from top to bottom. Cul de sac location and beautifully landscaped lot backing onto green belt with a modernized home make this property worth a visit!
- Address: 29 HIGHLAND CRESCENT
- Location: SOUTH BRUCE
- Nearest Town or City: Walkerton
- Ownership Type: Freehold
|Bath (# pieces 1-6)||Lower level||2 PC|
|Recreational, Games room||Lower level||35 X 30|
|Utility room||Lower level||21 X 20|
|Kitchen||Main level||19.10 X 13.1|
|Foyer||Main level||7.7 X 7|
|Bath (# pieces 1-6)||Main level||2 PC|
|Bath (# pieces 1-6)||Main level||3 PC|
|Family room||Main level||13 X 20.7|
|Living room||Main level||19.7 X 13.4|
|Dining room||Main level||10.10 X 13.3|
|Den||Main level||13.2 X 11.2|
|Storage||Second level||33 X 10|
|Master bedroom||Second level||13.4 X 15.8|
|Bedroom||Second level||13.4 X 12|
|Bedroom||Second level||13.3 X 12.10|
|Bath (# pieces 1-6)||Second level||3 PC|
|Ensuite (# pieces 2-6)||Second level||3 PC|
Monthly Mortgage Payments
Thinking about buying 29 HIGHLAND Crescent -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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