334 COLBORNE STREET, Midland
- Listed Since: August 10th 2018
3 BEDROOM BUNGALOW, 2 BATHS ON LOVELY QUIET STREET. GAS FURNANCE AND CENTRAL AIR 2010. NEW FRONT WINDOW, ALL HARDWOOD FLOORING! DOUBLE GARAGE! HOME IS TO BE SOLD AS IS (ESTATE SALE). UPDATING REQUIRED. POSSIBILITIES PLUS! (id:23309)
- Address: 334 COLBORNE STREET
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 146724
|Living room||Ground level||17' 9'' x 11' 9''|
|Dining room||Ground level||10' 2'' x 12' 5''|
|Kitchen||Ground level||8' 9'' x 10' 6''|
|Bedroom||Ground level||10' '' x 11' ''|
|Master bedroom||Ground level||11' 9'' x 11' ''|
|Bedroom||Ground level||9' 10'' x 10' 9''|
|4pc Bathroom||Ground level|
|2pc Bathroom||Lower level|
Monthly Mortgage Payments
Thinking about buying 334 COLBORNE 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.
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