196 FERRIS Drive, Wellesley
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- Listed Since: July 11th 2018
FABULOUS 2 STORY HOME IN THE CHARMING TOWN OF WELLESLEY! This 4-bedroom, 4-bath home welcomes you as you walk in with a grand central stair case and cathedral ceilings! With wonderful features and upgrades throughout the home, the main floor offers a home office, a substantial living space, formal dining room and a tremendous eat-in kitchen that is fit for entertaining! You will find a walk-in closet and ensuite access in every room, with the master boasting a 5pc spa-like ensuite with large glass shower, separate soaker tub and 3-way fire place that can be admired from bedroom as well! The basement is full but unfinished, with over-sized windows and loads of potential! Enjoy the large interlocking stone patio and private fully fenced backyard with a view of mature ever greens! Walking distance to schools and only 15min to Waterloo, the Boardwalk and Costco Shopping! Dont miss out on this unique opportunity Book your showing today! (id:23309)
- Address: 196 FERRIS DRIVE
- Location: WELLESLEY
- Ownership: FREEHOLD
- MLS: 30672075
|Kitchen||Ground level||13' 10'' x 18' 9''|
|2pc Bathroom||Ground level||5' 2'' x 5' 3''|
|Laundry room||Ground level||8' 11'' x 9' 6''|
|Breakfast||Ground level||10' 10'' x 10' 7''|
|Dining room||Ground level||10' 10'' x 15' 0''|
|Office||Ground level||12' 7'' x 13' 0''|
|Living room||Ground level||13' 6'' x 31' 0''|
|Bedroom||Second level||13' 4'' x 18' 2''|
|Other||Second level||5' 10'' x 4' 9''|
|5pc Ensuite bath||Second level||5' 0'' x 12' 3''|
|Bedroom||Second level||12' 5'' x 18' 6''|
|Other||Second level||4' 8'' x 13' 9''|
|Bedroom||Second level||13' 6'' x 14' 6''|
|4pc Ensuite bath||Second level||9' 1'' x 4' 11''|
|Other||Second level||13' 3'' x 16' 10''|
|Master bedroom||Second level||14' 11'' x 18' 7''|
|5pc Ensuite bath||Second level||12' 2'' x 16' 6''|
|Other||Second level||5' 11'' x 4' 11''|
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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