8236 2nd Line Arthur
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- Listed Since: October 23rd 2019
Fabulous 2 storey country home offering 1400 Sq Ft. Recent upgrades include a new kitchen, new metal roof, new furnace, and newly redone carpet. This 3 bedroom, 2 bath home has original trim, and lovely hardwood floors throughout. Enjoy the convenience of having your own 30 X 100 FT shop with a roll up door (approx 13X14 FT), as well as a 14X20FT sliding door! Located 5 KM from Arthur, off of Wellington Road 14. (id:23309)
- Address: 8236 2ND LINE
- Location: ARTHUR
- Ownership: FREEHOLD
- MLS: 30773956
|2pc Bathroom||Ground level|
|Dining room||Ground level||9' 6'' x 10' 3''|
|Living room||Ground level||10' 2'' x 14' 8''|
|Eat in kitchen||Ground level||14' 1'' x 12' 11''|
|4pc Bathroom||Second level|
|Bedroom||Second level||7' 10'' x 13' 10''|
|Bedroom||Second level||11' 4'' x 11' 3''|
|Master bedroom||Second level||11' 4'' x 11' 3''|
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
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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