5 Lynwood Place Arthur
Up to 23 photos available.
- Listed Since: October 28th 2019
Welcome Home! Nicely kept 3 bedroom 2 storey home in a great neighbourhood in Arthur. This great family home has seen many recent improvements including new flooring throughout, new roof in 2017. The full finished basement with gas fireplace offers that extra living space that any family will enjoy. Master bedroom offers a full ensuite and walk-in closet. Move in ready with all appliances included. Situated on a large pie shaped lot on a quiet street, The back yard features an inground pool that is perfect for entertaining family and friends. Make the move to Arthur and enjoy the friendliness of Canada's most Patriotic Village. (id:23309)
- Address: 5 LYNWOOD PLACE
- Location: ARTHUR
- Ownership: FREEHOLD
- MLS: 30774969
|Recreation room||Basement||26' 0'' x 11' 0''|
|Den||Basement||13' 0'' x 11' 0''|
|Dining room||Ground level||8' 10'' x 11' 10''|
|Living room||Ground level||11' 6'' x 17' 0''|
|Foyer||Ground level||5' 0'' x 7' 0''|
|2pc Bathroom||Ground level|
|Kitchen||Ground level||10' 8'' x 11' 3''|
|Master bedroom||Second level||14' 8'' x 11' 0''|
|Bedroom||Second level||12' 2'' x 8' 1''|
|4pc Ensuite bath||Second level|
|3pc Bathroom||Second level|
|Bedroom||Second level||10' 1'' x 8' 3''|
Monthly Mortgage Payments
Thinking about buying 5 Lynwood Place -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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