Phone

C$2,999,900

209 HUME Rd, Puslinch, Ontario, N0B 2J0

3 Bedroom

5 Bathroom

4 Garage

MLS - #X11898445

FOR Sale

Description

5-bdrm estate on 1.4-acre lot W/backyard oasis nestled amidst mature trees! The winding tree-lined driveway reveals stately stone bungaloft W/oversized garage W/car lift to accommodate 4 cars & landscaped grounds. Grand 2-story foyer welcomes you to spectacular great room W/bamboo hardwood, vaulted ceilings & wall of windows. Floor-to-ceiling stone fireplace adds touch of warmth. Custom kitchen W/top-tier appliances, granite countertops & high-end cabinetry W/glass accents. Massive island invites casual dining & complemented by luxurious conveniences such as pot filler, W/I pantry with B/I beverage fridge & wine racks. Adjacent to kitchen is sun-drenched reading nook W/beautiful views. Dining room W/bamboo hardwood, elegant lighting & expansive window. Primary suite W/bamboo hardwood & floor-to-ceiling stone fireplace. Dbl doors open to dressing room W/custom B/Is. Spa-like ensuite W/soaker tub, glass shower & expansive dbl sink vanity W/quartz counters. There is a private balcony overlooking the pool! There are 2 add'l main-floor bdrms each W/private ensuites & W/I closets. The bonus 700sqft + loft W/vaulted ceilings offers versatile space for an office, playroom or movie room all supported by Fiber Optic High-Speed Internet. B/I speakers throughout main floor & outside. Renovated W/O bsmt W/huge rec area, engineered hardwood, secondary full kitchen W/quartz counters & breakfast bar ideal for casual dining. There is a workout room, 2 bdrms & bathroom. This space is set up for in-law suite making it ideal for multi-generational families! Unwind on terrace W/glass railings for unobstructed views of saltwater pool & forest beyond. Descend the spiral staircase to patio offering sunlit areas & shaded retreats. Saltwater pool W/stone waterfall becomes centre piece for entertainment. Generator offers peace of mind guaranteeing power during any outages. Mins from South-End Guelph amenities, 15-min to 401, 30-min to Mississauga, 1hr to Toronto & 40-min to Toronto Airport

Last check for updates

Property type

Detached

Style

Bungaloft

Community

Rural Puslinch

Lot size

67,737 Sqft

Garage spaces

Home Overview

Basement information

Finished, W/O

Virtual tour

Tour Now

Mls® #

X11898445

Building size

Status

Active

Property sub type

Taxes

$10,915

Tax year

2024

Maintenance fee

N/A

Year built

2024

Interior

# total bathrooms

# Full baths

# of above grade bedrooms

# of rooms

Family room available

Laundry information

Exterior

Construction materials

Brick

Other structures

# garage spaces

# parking spaces

Garage features

Attached

Has basement (y/n)

Yes

Has garage (y/n)

Yes

Drive

Other

Amenities / Utilities

Cooling

Central Air

Heat source

Propane

Heat type

Forced Air

Sewers

Septic

Location

Water source

Area

Wellington

Community

Rural Puslinch

Community features

, , , , ,

Directions

Concession 11 Watson Rd to Hume Rd, Turn left. Property on the right hand side.

Walk Score for 209 HUME Rd

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Phone

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Mortgage Calculator

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Steps to calculate your payments using a mortgage calculator

1. Determine the purchase price of the home.

2. Calculate the down payment (usually 5-20% of the purchase price in Canada).

3. Subtract the down payment from the purchase price to get the mortgage amount.

4. Choose a mortgage term (typically 5 years in Canada) and amortization period (usually 25-30 years).

5. Determine the interest rate (check current rates from Canadian lenders).

6. Use a mortgage calculator or formula to determine the monthly payment based on the mortgage amount, interest rate, and amortization period.

7. Factor in additional costs like property taxes, home insurance, and possibly mortgage insurance if the down payment is less than 20%.

8. Consider the impact of making accelerated bi-weekly payments instead of monthly payments to pay off the mortgage faster.

9. Review the total interest paid over the life of the mortgage.

10. Ensure the monthly payments fit within your budget, typically not exceeding 32% of your gross monthly income for housing costs.

Terms Explained

Home Value: The current market value or purchase price of the property.

Down Payment: The initial upfront portion of the total home purchase price paid by the buyer.

Mortgage Amount: The amount borrowed from a lender to purchase the home (Home Value minus Down Payment).

Interest Rate: The percentage charged by the lender for borrowing the money, usually expressed as an annual rate.

Mortgage Term: The length of time your mortgage agreement and interest rate are in effect (typically 1-5 years in Canada).

Amortization Period: The total length of time it will take to pay off the entire mortgage (usually 25-30 years in Canada).

Monthly Payment: The amount paid each month towards the mortgage, including principal and interest.

Principal: The original amount borrowed, which decreases as payments are made.

CMHC Insurance: Mortgage default insurance required for down payments less than 20% of the home's value.

Property Taxes: Annual taxes levied by local governments based on the property's assessed value.

Home Insurance: Coverage to protect the property against damage or loss.

Land Transfer Tax: A tax paid to the provincial government when purchasing a property.

Closing Costs: Additional expenses incurred when finalizing a home purchase (legal fees, inspections, etc.).

Prepayment Privileges: Options to pay extra towards the mortgage without penalties.

Fixed Rate Mortgage: A mortgage where the interest rate remains constant for the term.

Variable Rate Mortgage: A mortgage where the interest rate can fluctuate based on the prime rate.

Refinancing: The process of replacing an existing mortgage with a new one, often to take advantage of better terms or rates.

These terms are commonly used in mortgage calculations and discussions about home financing in Canada.