160 MAIN ST, Erin
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- Listed Since: July 11th 2018
This Gorgeous Home Is Loaded With All The Bells & Whistles & Tons Of High Quality Finishes, Offering 4000 Sq. Ft. Of Well Thought Out Floor Plan & Amazing Features, Including Residential/Commercial Zoning Work From Home With Ready To Go Turnkey Office/Storefront With Many Uses, Natural Stone Exterior,Heated Floors, Enormous Main Floor Great Room, S/S Appliances, Granite Tops, 2nd Floor Potential For Inlaw Suite,**** EXTRAS **** Fully Serviced Over Sized Detached Garage, Large Private Yard, Tons Of Parking & More !! Includes All Main Floor Appliances, Light Fixtures & Window Coverings (id:23309)
- Address: 160 MAIN ST
- Location: ERIN
- Ownership: FREEHOLD
- MLS: X4136421
|Office||Main level||7.47 m x 9.24 m|
|Living room||Main level||5.04 m x 9.24 m|
|Kitchen||Main level||4.6 m x 9.24 m|
|Bedroom 4||Second level||3.96 m x 3.19 m|
|Bedroom 3||Second level||3.8 m x 3.19 m|
|Bedroom 2||Second level||5.06 m x 3.35 m|
|Master bedroom||Second level||9.24 m x 7.47 m|
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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