404 VICTORIA ST S, Walkerton
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- Listed Since: July 12th 2018
Beautiful Century Home. Charm, Elegance & History In Abundance. Large Covered Porch Leads To Welcoming Entrance. Original Wood Trim & Baseboards, Superbly Re-Finished Walnut Floors In Two Reception Rooms. Exquisite Craftsmanship! 4 Bedrooms. 3 Bathrooms. Dining Room With Walkout. Set On A Large Private Lot On A Quiet Residential Street Of Charming Homes.**** EXTRAS **** Reception Room Light Fitting Is Excluded (id:23309)
- Address: 404 VICTORIA ST S
- Location: BROCKTON
- Ownership: FREEHOLD
- MLS: X4189546
|Kitchen||Ground level||4.62 m x 2.77 m|
|Dining room||Ground level||5.23 m x 4.62 m|
|Living room||Ground level||4.31 m x 5.23 m|
|Family room||Ground level||5.23 m x 4.31 m|
|Bedroom||Upper Level||3.38 m x 4 m|
|Bedroom||Upper Level||4.3 m x 4.3 m|
|Bedroom||Upper Level||3.38 m x 2.15 m|
|Sitting room||Upper Level||2.46 m x 3.1 m|
|Master bedroom||Upper Level||6.46 m x 4.31 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
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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