55 MCGIVERN STREET Walkerton
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- Listed Since: November 8th 2019
This beautiful home is just waiting for a new family to move in and appreciate everything it has to offer. This home gleams with newer flooring, lighting, modern decor and fresh colours. Just some of the many features include, solid wood interior doors, a family room with patio door to rear yard, a main floor bedroom which would also make a great office or toy room. There are 3 spacious bedrooms on the upper level as well as a 4pc bathroom. Appliance package included. Roof shingles replaced this past summer.The newly constructed front closed in porch provides a large welcoming entry. Simply move right in and enjoy. (id:23309)
- Address: 55 MCGIVERN STREET
- Location: WALKERTON
- Ownership: FREEHOLD
- MLS: 232012
|Living room||Ground level||12' 4'' x 11' 4''|
|Family room||Ground level||17' 2'' x 11' 9''|
|Kitchen||Ground level||17' 9'' x 10' 9''|
|Bedroom||Ground level||12' 7'' x 9' 4''|
|2pc Bathroom||Ground level|
|Master bedroom||Second level||15' 5'' x 11' 9''|
|Bedroom||Second level||12' 1'' x 10' 7''|
|Bedroom||Second level||11' 3'' x 8' 3''|
|4pc 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
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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