700 HILKER STREET Port Elgin

700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
  • 700 HILKER STREET
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$325,000

  • Listed Since: May 22nd 2020

Opportunity knocks in one of the region's hottest and fastest growing real estate markets. On a prime lot, this home makes a perfect starter with fantastic potential for future redevelopment (high density zoning), creating tremendous value to those looking to invest. Viewing by appointment only (id:23309)

  • Address: 700 HILKER STREET
  • Location: PORT ELGIN
  • Ownership: FREEHOLD
  • MLS: 260454

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

4pc BathroomGround level 
Mud roomGround level17' 11'' x 5' 9''
Living roomGround level27' 10'' x 12' 7''
Master bedroomGround level12' 10'' x 9' 4''
BedroomGround level11' 3'' x 11' 5''
KitchenGround level15' 4'' x 14' 6''
BedroomSecond level11' 7'' x 15' 5''
Sitting roomSecond level11' 7'' x 15' 5''
  • 3 Bedrooms
  • 1 Bathrooms
  • $1,138 / month (estimated mortgage)

REALTOR® and MLS® Trademarks
Listing provided by BRAND REALTY GROUP INC., Brokerage

Monthly Mortgage Payments

Thinking about buying 700 HILKER 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.

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  • 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.

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  • Mortgage Rate
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The rate of interest you will pay on the outstanding balance of your mortgage.

  • Mortgage Type
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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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