$500,000 CAD

  • Listed Since: June 8th 2018

A Real Project With Amazing Potential!! Solid Built Bungalow At The Top Of The Hill With 2 Lane Ways. Large Lot With Mature Trees And Gardens.**** EXTRAS **** Newer Metal Roof, 200 Amp Electrical Service, Gas Furnace, In-Ground Pool (In As Is Condition), Tree House & Shed. (id:23309)

  • Address: 7 HILLVIEW ST
  • Location: ERIN
  • Ownership: FREEHOLD
  • MLS: X4156199

This home is located in Erin Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

Bedroom 2Main level3.53 m x 2.55 m
BedroomMain level3.77 m x 2.79 m
Living roomMain level4.53 m x 3.52 m
Dining roomMain level2.97 m x 2.59 m
KitchenMain level3.88 m x 3.54 m
  • 2 Bedrooms
  • 1 Bathrooms
  • $1,943 / month

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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.

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  • 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.

  • 7 HILLVIEW ST, Erin, Ontario

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