118 PRESTON STREET S #211, Arthur

118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
  • 118 PRESTON STREET S #211
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$189,900 CAD

  • Listed Since: March 8th 2019

Attention first time buyers or investors! Move-in ready condo located in the village of Arthur, a short commute to KW, Guelph, Orangeville and Brampton. This 2 bedroom, 1 bath unit offers 700 square feet of living space and fully renovated kitchen and bath. The bonus here is that the condo fee covers building insurance, building maintenance, heat, hydro and water with only one payment! This is an excellent opportunity to get into the real estate market whether you are a first timer or seasoned investor! (id:23309)

  • Address: 118 PRESTON STREET S #211
  • Location: ARTHUR
  • Ownership: CONDO CORPORATION
  • MLS: 179764

This condo is located in Arthur Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

Dining roomGround level10' 10'' x 7' 3''
KitchenGround level9' 0'' x 9' 0''
4pc BathroomGround level 
BedroomGround level12' 2'' x 8' 10''
BedroomGround level12' 2'' x 8' 10''
Living roomGround level15' 6'' x 10' 10''
  • 2 Bedrooms
  • 1 Bathrooms
  • 700 Square Feet
  • $754 / month

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Listing provided by COLDWELL BANKER WIN REALTY Brokerage

Monthly Mortgage Payments

Thinking about buying 118 PRESTON STREET S #211 -- lets calculate some payment options and see if purchasing this condo can become a reality.

  • Down Payment
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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.

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  • 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.

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  • Mortgage Rate
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The rate of interest you will pay on the outstanding balance of your mortgage.

  • Mortgage Type
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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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  • 118 PRESTON STREET S #211, Arthur, Ontario

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