61 ALFRED STREET W, Thornbury
Up to 17 photos available.
- Listed Since: May 15th 2018
A rare opportunity to own a large parcel of land in Thornbury. Wonderful opportunity for a builder to develop this land into a Town Home or Single family home complex. The parcel is made up of 3 separate lots but the owners would like to sell them all to one purchaser or developer. The family home is located on one lot, the other two being vacant. Located walking distance to town, libraries and schools. This is a great opportunity to put your personal touches to make the century home your own and then develop the remaining two lots or develop all three. OFFERS FOR THIS PROPERTY WILL BE ENTERTAINED ON May 22, 2018 (id:23309)
- Address: 61 ALFRED STREET W
- Location: THORNBURY
- Ownership: FREEHOLD
- MLS: 123899
|Kitchen||Ground level||12' 7'' x 8' 1''|
|5pc Bathroom||Ground level|
|Living room||Ground level||15' 2'' x 20' ''|
|Foyer||Ground level||7' 7'' x 7' 5''|
|Dining room||Ground level||16' 1'' x 16' 9''|
|Breakfast||Ground level||16' 4'' x 11' 4''|
|Other||Second level||7' 7'' x 17' 5''|
|Bedroom||Second level||14' '' x 12' ''|
|Bedroom||Second level||16' 5'' x 15' 7''|
|Bedroom||Second level||16' 4'' x 16' ''|
|3pc Bathroom||Second level|
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
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- 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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