217 MAIN ST Erin
$999,900
Welcome To This Charming Century Home Located In The Beautiful Town Of Erin. Marvel At The Character Of The Solid Pine Flooring, Crown Moulding, Deep Baseboards And Trim. The Home Has Been Updated With Modern Conveniences While Still Maintaining That Old World Charm. Kitchen & Bath Have Been Renovated & Walls Freshly Painted. All Your Family Needs To Do Is Move In.**** EXTRAS **** Walking Distance To The Village Of Erin Where You Will Find Quaint Shops, Delicious Eateries, Historic Downtown, Cycling, Hiking Trails & More. Enjoy Family Friendly Events Hosted All Year Round In One Of Ontario's Best-Kept Secrets. (id:25417)
- 3 Bedrooms
- 2 Bathrooms
- $4,808 / month (estimated mortgage)
- Listing ID: X5880278
- Listed On: JANUARY 25TH 2023
- Address: 217 MAIN ST
- Location: ERIN
- Postal Code: N0B 1T0
| Rooms | Levels | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 4.63 m x 3.67 m |
| Bedroom 2 | Second level | 3.69 m x 3.26 m |
| Bedroom 3 | Second level | 3.22 m x 2.32 m |
| Other | Second level | 2.81 m x 2.32 m |
| Family room | Ground level | 7.19 m x 4.13 m |
| Dining room | Ground level | 5.26 m x 3.64 m |
| Kitchen | Ground level | 4.21 m x 2.39 m |
| Living room | Ground level | 4.16 m x 3.55 m |
| Laundry room | Ground level | 4.07 m x 2.58 m |
| Foyer | Ground level | 4.36 m x 1.22 m |
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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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