Lot 1 Nelson Street, Mitchell

We have found 6 Houses that closely match the specifications of the property located at Lot 1 Nelson Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 425,000 and 959,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N0K1N0 postal code area of Mitchell Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at Lot 1 Nelson Street. The current price of the property is $699,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $559,920. This would result in a monthly mortgage payment of $3,273 over a 25-year amortization period.