2539 CONCESSION 6 E, Ripley
Up to 19 photos available.
- Listed Since: August 9th 2018
One of hardest land sizes to find at 15.5 acres this property has all the features you want. The 4 bedroom 2 1/2 bath bungalow with many updates has well over 3,000 sq' of living space and an attached 2 car garage. The front yard has a fine assortment of fruit trees and the back has a small outbuilding and a 900 sq' shop. All this 10 minutes to Kincardine and less time to the lake! Better come see this one right away. (id:23309)
- Address: 2539 CONCESSION 6 E
- Location: HURON TWP
- Ownership: FREEHOLD
- MLS: 146175
|2pc Bathroom||Ground level|
|Bedroom||Ground level||12' 0'' x 11' 0''|
|Bedroom||Ground level||12' 0'' x 14' 0''|
|Master bedroom||Ground level||17' 0'' x 13' 0''|
|Kitchen/Dining room||Ground level||25' 0'' x 25' 0''|
|Laundry room||Ground level||3' 0'' x 9' 0''|
|4pc Bathroom||Ground level|
|Storage||Lower level||6' 0'' x 15' 0''|
|3pc Bathroom||Lower level|
|Den||Lower level||12' 0'' x 9' 0''|
|Recreation room||Lower level||16' 0'' x 35' 0''|
|Bedroom||Lower level||12' 0'' x 14' 0''|
|Utility room||Lower level||11' 0'' x 15' 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
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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