29 Upper Thames Lane Mitchell
Up to 29 photos available.
- Listed Since: December 12th 2019
Single family mature living bungalows with zero entry for all doors, and loads of features geared for the buyer looking to have a beautiful home but freedom from out door maintenance. 1365 sq ft home with 2 covered porches, single 14 X 22 garage with opener, cement driveway, open concept living room, kitchen, large master bedroom with ensuite bath plus walk in closet, second bedroom/den and a second full bath. Home is carpet free, 9-foot ceilings, loads of natural light and storage areas. Price includes HST. List of features available at listing office. Model home available to walk through. Ideal retirement home - call today for more information. TO BE BUILT. (id:23309)
- Address: 29 UPPER THAMES LANE
- Location: MITCHELL
- Ownership: CONDO CORPORATION
- MLS: 30781638
|Kitchen||Ground level||10' 6'' x 9' 3''|
|Dining room||Ground level||10' 6'' x 8' 2''|
|Living room||Ground level||16' 0'' x 14' 0''|
|Bedroom||Ground level||10' 2'' x 11' 0''|
|Master bedroom||Ground level||13' 11'' x 11' 11''|
|Laundry room||Ground level|
|4pc Bathroom||Ground level||7' 4'' x 8' 5''|
|3pc Ensuite bath||Ground level||9' 11'' x 6' 10''|
|Foyer||Ground level||5' 3'' x 5' 6''|
Monthly Mortgage Payments
Thinking about buying 29 Upper Thames Lane -- lets calculate some payment options and see if purchasing this condo 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.
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