196 Guelph Street Rockwood
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- Listed Since: January 3rd 2020
Commercial Opportunity. Unique property with C2 zoning which allows a multitude of uses including plaza, parking lot, retail, veterinary clinic, pet grooming, and many others. Currently, there are two residential homes on the property. One is an 812 sq ft bungalow with two bedrooms, kitchen, living room, 4 pc bath, and sunporch plus an unfinished basement. The second home is 700 sq ft with one bedroom, kitchen, full bath and a living room currently rented on a month to month basis for 1200/month inclusive. Ornamental pond and fully fenced yard. Parking for three cars. Lot is 66 x 130 x 60 x 165 approximately. (id:23309)
- Address: 196 GUELPH STREET
- Location: ROCKWOOD
- Ownership: FREEHOLD
- MLS: 30783018
|Living room||Ground level||12' 0'' x 19' 0''|
|Kitchen||Ground level||10' 0'' x 11' 6''|
|Sunroom||Ground level||7' 6'' x 32' 0''|
|Master bedroom||Ground level||12' 0'' x 10' 2''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||12' 0'' x 9' 10''|
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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