110 Murphy Street, Mount Forest
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- Listed Since: September 14th 2018
This Mount Forest raised bungalow is truly beautiful and unique. Big bright windows let the light shine in this open plan 2 plus 1 bedroom on a huge half acre lot. The kitchen and living room offer fabulous views of the South Saugeen River and the two outdoor patios provide the privacy everyone needs. There are two separate driveways which can accommodate six plus vehicles. The basement of this home features a large bedroom, living room with gas fireplace, laundry and a roughed in 3 piece bathroom. Very little work needed here. The advantages to a life here include all town amenities, gorgeous walking trails, and the riverside park steps away. In just a two minute walk to the rivers edge you can cast your line! (id:23309)
- Address: 110 MURPHY STREET
- Location: MOUNT FOREST
- Ownership: FREEHOLD
- MLS: 30686507
|Bedroom||Basement||14' 0'' x 12' 0''|
|Living room||Basement||25' 0'' x 16' 0''|
|Living room||Ground level||16' 0'' x 13' 0''|
|Kitchen||Ground level||16' 0'' x 13' 0''|
|4pc Bathroom||Ground level|
|Master bedroom||Ground level||13' 0'' x 13' 0''|
|Bedroom||Ground level||13' 0'' x 12' 0''|
Monthly Mortgage Payments
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- 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
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- 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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Mount Forest Schools
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