447 MCNAUGHTON Street Wiarton Ontario
Up to 11 photos available.
Single floor living in Wiarton!! This low maintenance home has character galore! Hardwood floors reclaimed from old Wiarton Hospital as well as the amazing ceiling beams. Also features vinyl siding, metal roof, 200 amp service, reclaimed hardwood floors, lovely (gas) fireplace (made from local stone), 3 bedrooms, and character galore! This home has a lovely welcoming feel with a large eat-in kitchen and open concept adding to the appeal. Patio doors off the kitchen take you to an attractive lot not seen from the street. Garage has its own 60 amp hydro and a large 2nd floor perfect for a workshop or storage. This home has everything you need and is in a great neighborhood close to the school and a park at the corner!!
Wiarton -- Balanced Real Estate Market
|Living room||Main level||21X15|
|Bath (# pieces 1-6)||Main level||4PC|
|Master bedroom||Main level||11X12|
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Wiarton -- lets calculate some mortgage payment options and see if purchasing this home can become a reality.
- 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.