390 Adelaide Street, Arthur
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- Listed Since: October 7th 2019
Welcome Home! Nicely maintained 3 bedroom all brick bungalow. This home features a fully finished basement that is ideal for entertaining. Relax under the gazebo on the rear deck as it overlooks the large, nicely treed, fully fenced rear yard. As a bonus, the extra wide 70' lot offers a huge cement driveway with parking for at least 5 vehicles. This corner lot also offers the potential to build a detached workshop/garage in the back yard (id:23309)
- Address: 390 ADELAIDE STREET
- Location: ARTHUR
- Ownership: FREEHOLD
- MLS: 30749440
|Laundry room||Basement||16' 0'' x 7' 0''|
|Recreation room||Basement||20' 0'' x 25' 0''|
|Games room||Basement||14' 7'' x 11' 9''|
|Kitchen||Ground level||14' 0'' x 8' 5''|
|Bedroom||Ground level||10' 7'' x 11' 1''|
|Bedroom||Ground level||10' 9'' x 9' 2''|
|Master bedroom||Ground level||13' 0'' x 11' 8''|
|4pc Bathroom||Ground level|
|Living room||Ground level||21' 0'' x 11' 7''|
|Dinette||Ground level||11' 8'' x 10' 8''|
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
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- 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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