960 Lorraine Road, Port Colborne

We have found 6 Houses that closely match the specifications of the property located at 960 Lorraine Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 485,000 and 770,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L3K5V3 postal code area of Port Colborne Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 960 Lorraine Road. The current price of the property is $769,000, 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 $615,200. This would result in a monthly mortgage payment of $3,596 over a 25-year amortization period.