6 LYNWOOD Place Walkerton
$639,900
This all brick 3-bedroom, 1-bathroom home nestled on a quiet cul-de-sac in Walkerton is perfect for those looking for a peaceful and safe living environment. With a spacious backyard, this property offers plenty of room for outdoor entertainment and relaxation. While the interior of the home could use some cosmetic updating, it presents a great opportunity for those looking to add their personal touch and make it their own. Book your viewing today and explore all that this charming home has to offer. (id:25417)
- 3 Bedrooms
- 1 Bathrooms
- 1,125 Square Feet
- $3,077 / month (estimated mortgage)
- Listing ID: 40484935
- Listed On: SEPTEMBER 16TH 2023
- Address: 6 LYNWOOD PLACE
- Location: WALKERTON
- Postal Code: N0G 2V0
Get Directions
Get to know this Neighbourhood
On Thomas Street turn onto Lynwood Place.
| Rooms | Levels | Dimensions |
|---|---|---|
| Recreation room | Basement | 12'8'' x 22'7'' |
| Storage | Basement | 12'8'' x 10'8'' |
| Utility room | Basement | 11'2'' x 36'9'' |
| Dining room | Main level | 11'4'' x 12'2'' |
| Bedroom | Main level | 9'1'' x 10'8'' |
| Bedroom | Main level | 9'1'' x 9'0'' |
| Primary Bedroom | Main level | 13'1'' x 10'8'' |
| 4pc Bathroom | Main level | 8'3'' x 7'2'' |
| Living room | Main level | 13'1'' x 16'1'' |
| Kitchen | Main level | 8'0'' x 10'6'' |
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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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