7563 9TH LINE E, Thornton
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- Listed Since: December 7th 2018
Wow, Income And Horse Property What A Rare Combo! These 11 Acres Boast 2 Great Homes With Major Renos Done In 2014, Bungalow Has 2 Fireplaces. 2 Huge Barns, 1 Barn Rented As Workshop And 1 House Tenanted, Also 13Yr Solar Panel Income. Barn Rewired & Safe, Paddocks, Run In, Sand Ring, Stalls, Tack & Feed Room. Great Tenants Willing To Stay And Pay Your Mortgage With 37K (Total) Provable Annual Income. Bring Your Horses And Suitcase And Move In.**** EXTRAS **** Bungalow Has Stainless Appliances, Great Kitchen And Bath .Powder Room In Basement Brand New. Property Has Been Well Maintained And Is Turn Key Move In Ready. Too Many Features To List .Priced To Sell And Shows Well. (id:23309)
- Address: 7563 9TH LINE E
- Location: ESSA
- Ownership: FREEHOLD
- MLS: N4318793
|Bedroom 4||Lower level||3.85 m x 2.35 m|
|Bedroom 3||Main level||3.96 m x 3.04 m|
|Bathroom||Main level||2.9 m x 1.31 m|
|Master bedroom||Main level||7.02 m x 2.95 m|
|Kitchen||Main level||9.26 m x 3.47 m|
|Living room||Main level||7.55 m x 3.45 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
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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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