130 Queen Street Baden
Up to 11 photos available.
- Listed Since: March 23rd 2020
Excellent 2 acre building site backing onto farmland on the edge of the Town of Baden. Build your dream home overlooking the countryside. There is a old house on the property but it has little or no value. Town water and sewers. Great potential for future development. The property was just severed so no taxes or assessment set. The shed on the property encroaches on the the unopened road allowance. The shed may be used by the purchaser until such time that the Township requests it to be removed. It is to be removed at the Purchasers expense. Encroachment agreement available upon requests. (id:23309)
- Address: 130 QUEEN STREET
- Location: BADEN
- Ownership: FREEHOLD
- MLS: 30794289
Monthly Mortgage Payments
Thinking about buying 130 Queen Street -- 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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