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C$968,000

reducedC$

821 Red Maple Crt, Whitby, Ontario, L1N 7V7

bedrooms 4 Bedroom
|
washrooms 2 Bathroom
|
garages 1 Garage

MLS - #E11190067

FOR Sale

Description

Step into this beautiful move-in-ready detached home with nearly $150,000 in recent renovations! In 2020 the entire main floor was re-modelled (with permits) New Plumbing, Electrical, All Floors on Main and Upstairs, Both Bathrooms, New Kitchen and Appliances, custom Cabinetry and Built-ins throughout with beautiful trim, counter tops and backsplash, new doors and hardware. This home is tun key ready! Completely transformed from top to bottom, this home boasts a stunning open-concept layout, perfect for both family living and entertaining. The heart of the home is the gourmet kitchen, featuring an oversized center island with a breakfast bar, gleaming quartz countertops, and top-of-the-line appliances that will inspire your inner chef. The space is further elevated by exquisite finishes, including hardwood floors, recessed pot lights, and crown molding that add a touch of sophistication throughout. The bright and inviting family room is a showstopper, with vaulted ceilings, a cozy fireplace, and a custom-built entertainment feature wall, use as a fourth bedroom or family room! The generous, family-sized bedrooms are thoughtfully designed, offering comfort and functionality, while the spa-like renovated bathrooms ensure a luxurious start to every day. The fully finished basement provides additional living space, ideal for a recreation room, home office, or gym, with plenty of storage to keep your home organized and clutter-free. This home is truly a rare find, blending high-end finishes with practical design in a prime location. Don't miss your chance to make it yours! New deck 2022, insulated roof 2024, insulated garage, furnace 2016. Please see attached list of upgrades. **Offers Welcome Anytime**

Last check for updates

Property type

Detached

Style

2-Storey

Community

Williamsburg

Lot size

2,874 Sqft

Garage spaces

1

Home Overview

Basement information

Finished, null

Virtual tour

Mls® #

E11190067

Building size

1500-2000

Status

Active

Property sub type

Taxes

$5,430

Tax year

2024

Maintenance fee

N/A

Year built

--

Interior

# total bathrooms

2

# Full baths

2

# of above grade bedrooms

4

# of rooms

9

Family room available

Yes

Laundry information

Exterior

Construction materials

Alum Siding

Other structures

# garage spaces

1

# parking spaces

3

Garage features

Attached

Has basement (y/n)

Yes

Has garage (y/n)

Yes

Drive

Private

Amenities / Utilities

Cooling

Central Air

Heat source

Gas

Heat type

Forced Air

Sewers

Sewers

Location

Water source

Municipal

Area

Durham

Community

Williamsburg

Community features

, , , , ,

Directions

Rossland / Cochrane

walking  Walk Score for 821 Red Maple Crt

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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.
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