4109 Road 164 Mitchell
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- Listed Since: May 20th 2020
Looking for a 3/4 acre parcel with a 2 bedroom home and great barn/workshop then call today. This home offers an updated kitchen with built in oven, counter stove top, fridge and dishwasher, and large living room with wood stove. The second level has a master bedroom with second sitting area, updated bath and second bedroom with large closet. The mater landscaped property is on the edge of Mitchell had has a spacious yard with fruit trees and room for gardens as well as parking for more than 8 cars. The spacious partially heated 2000 sq. ft. barn/storage work shop is ideal for your own business and storage plus has a great potential for a second level man cave. Be sure to call your agent today. (id:23309)
- Address: 4109 ROAD 164
- Location: WEST PERTH
- Ownership: FREEHOLD
- MLS: 30807683
|Foyer||Ground level||5' 9'' x 11' 5''|
|Other||Ground level||5' 9'' x 11' 9''|
|Kitchen||Ground level||10' 4'' x 10' 10''|
|Living room/Dining room||Ground level||14' 9'' x 18' 8''|
|Master bedroom||Second level||12' 11'' x 14' 5''|
|4pc Bathroom||Second level|
|Bedroom||Second level||8' 3'' x 19' 4''|
|Sunroom||Second level||11' 2'' x 6' 6''|
Monthly Mortgage Payments
Thinking about buying 4109 Road 164 -- 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.
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