883 GODERICH ST Port Elgin
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- Listed Since: May 23rd 2020
Centrally Located, Quality Built Brick Home Sits On Its Own Private Full Sized Lot; Lots Of Parking And Yard Space. This Sunny Home With Its Oversized Windows, Custom Built Kitchen Cabinetry, Hardwood Floors, Gas Fireplace, A/C, Laundry On Main Along With Ample Room For Home Office, Teen Privacy Or Extended Family, Accommodates Comfortable Living And Meets The Needs Of Every Stage Of Life; You Will Never Have To Move Again. There Is A Large Garage/Worksho**** EXTRAS **** For More Information About This Listing, Please Click The ""View Listing On Realtor Website"" Link, Or The ""Brochure"" Button Below. If You Are On The Realtor App, Please Click The ""More Information"" Button. (id:23309)
- Address: 883 GODERICH ST
- Location: SAUGEEN SHORES
- Ownership: FREEHOLD
- MLS: X4768256
|Other||Lower level||2.4 m x 1.9 m|
|Other||Lower level||6.5 m x 3.9 m|
|Bedroom 4||Lower level||6.4 m x 4.4 m|
|Living room||Lower level||7.3 m x 3.35 m|
|Kitchen||Main level||6.2 m x 2.89 m|
|Living room||Main level||7.9 m x 3.6 m|
|Master bedroom||Main level||4.4 m x 3.3 m|
|Bedroom 2||Main level||3 m x 3.9 m|
|Bedroom 3||Main level||3 m x 2.7 m|
|Laundry room||Main level||3.8 m x 1.5 m|
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
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.
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