648 HUNTER STREET, Kincardine
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- Listed Since: January 9th 2019
A perfect entrance into the real estate market, or an ideal income property. With no condo fees for this unit, you can live here cheaper than rent! Located very close to schools and shopping. With a 5% down payment ($9000) your monthly payments would only be $854, plus $137 in real estate taxes for a total of $991 (per month). A fully fenced back yard included, along with a new Fridge and Stove. The hot water tank was replaced new in 2017, and the dryer is less than a year old as well. The unit comes complete with a 200amp electrical box as well, meaning you'll never go without! Tenant is moving out end of February. 24hrs minimum notice required for showings. (id:23309)
- Address: 648 HUNTER STREET
- Location: KINCARDINE
- Ownership: FREEHOLD
- MLS: 168691
|Bedroom||Fourth level||16' 7'' x 10' ''|
|Living room||Ground level||18' 8'' x 13' 11''|
|Kitchen||Second level||8' 11'' x 8' 5''|
|Dining room||Second level||10' 2'' x 8' 5''|
|Bedroom||Third level||9' 5'' x 8' 3''|
|Bedroom||Third level||11' '' x 7' 7''|
|4pc Bathroom||Third level|
Monthly Mortgage Payments
Thinking about buying 648 HUNTER 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.
The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.
- Elgin Market Public School
305 Queen St, Kincardine, ON N2Z 2R6
- Huron Heights Public School
785 Russell St, Kincardine, ON N2Z 1S7
- Kincardine District Secondary School
885 River Ln, Kincardine, ON N2Z 2B9
- Saint Anthony's Separate School
709 Russell St, Kincardine, ON N2Z 1R1
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