323 MAIN Street South, Mount Forest
This 3 bedroom home is in a great location on Main St., Mount Forest for either Commercial or Residential. Steel roof and a good gas furnace. Home requires some work. Priced to sell.
- Address: 323 MAIN STREET SOUTH
- Nearest Town or City: Mount Forest
- Ownership Type: Freehold
|Bath (# pieces 1-6)||Main level||3PC|
|Dining room||Main level||10'X21'|
|Living room||Main level||12'10X21'|
|Master bedroom||Second level||8'6X15'4|
Monthly Mortgage Payments
Thinking about buying 323 MAIN Street South -- 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.
Email or call Brandon at (226) 923-0482 to get more information or to schedule a viewing. Please provide the listing code when calling.
All fields marked with a red asterisk * are required.
Please Note: The information you supply in the contact form above will be kept fully confidential.