LOT 27 REAGAN Street, Mitchell

LOT 27 REAGAN Street

$599,900 CAD

  • Listed Since: July 9th 2019

Brand New 3 Car Garage Home to be built. Still time to choose your colours or choose a different plan of your choice. Picture of a previous model by Bamberg Homes. (id:23309)

  • Address: LOT 27 REAGAN STREET
  • Location: MILVERTON
  • Ownership: FREEHOLD
  • MLS: 30750562

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

Living roomGround level15' 5'' x 14' 4''
KitchenGround level10' 0'' x 14' 5''
DinetteGround level9' 8'' x 14' 5''
Dining roomGround level10' 0'' x 16' 2''
Laundry roomGround level 
2pc BathroomGround level 
5pc Ensuite bathSecond level 
BedroomSecond level10' 1'' x 11' 3''
Master bedroomSecond level12' 0'' x 16' 2''
4pc BathroomSecond level 
OfficeSecond level10' 1'' x 7' 3''
BedroomSecond level10' 1'' x 13' 10''
  • 3 Bedrooms
  • 3 Bathrooms
  • 2,265 Square Feet
  • $2,381 / month

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Monthly Mortgage Payments

Thinking about buying LOT 27 REAGAN 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.

  • LOT 27 REAGAN Street, Mitchell, Ontario

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