MADWAYOSH STREET, Southampton
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- Listed Since: June 10th 2019
Attention investors or developers! This large parcel of land is located in Southampton just a short walk from Lake Huron. Municipal services are to the property. Draft Plan Approved for 7 large nicely treed building lots. Parkland fees have been negotiated and will be paid to the Municipality by the current owner. Possibility of building your dream home near the lake and keep the balance of the property for future development. Preliminary engineering work has been completed and would be available to serious prospects. All municipal services are available at the lot line as well as natural gas, hydro and cable. Yellow property boundary lines are approximate and are for reference only. (id:23309)
- Address: MADWAYOSH STREET
- Location: SOUTHAMPTON
- Ownership: FREEHOLD
- MLS: 201266
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.
The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.
- G C Huston Public School
61 Victoria St N, Southampton, ON N0H 2L0
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