717906 HIGHWAY 6, Owen Sound, Ontario, N4K 5N7
Up to 28 photos available.
On-going towing business with updated bungalow. Home has 4 bedrooms, 2 bathrooms, open concept kitchen, dining and living room with double doors that open up into the landscaped backyard. Kitchen features oak cabinets and a large island. Backyard is complete with an in-ground pool, gazebo and 2 ponds. Attached granny suit has separate entrance and amenities. Large shop has an office and automatic overhead doors, ideal for an automotive business. Includes 1 International flatbed towing truck and business phone number. Zoned M1, General Industrial. (Can purchase house and business separately or together, see additional MLS# 420354000521800, 1701946)
This residential home is located near a wonderful city known as Owen Sound Ontario. To learn more about how to purchase this real estate property contact Brandon -- he would be more than happy to assist you.
|Master bedroom||Main level||11'5X11'3|
|Bath (# pieces 1-6)||Main level||4PC|
|Dining room||Main level||14'11X13'5|
|Family room||Main level||16'5X12'3|
|Laundry room||Main level||15X5'9|
|Laundry room||Main level||6'10X7'7|
|Living room||Main level||15'3X21'4|
|Bath (# pieces 1-6)||Main level||5PC|
Monthly Mortgage Payments at 2.44
Thinking about buying this home in Owen Sound -- lets calculate some mortgage 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.