5239 7th Line, New Tecumseth

We have found 3 Houses that closely match the specifications of the property located at 5239 7th Line with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 6,000,000 and 6,800,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L0G1A0 postal code area of New Tecumseth Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5239 7th Line. The current price of the property is $8,500,000, 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 $6,800,000. This would result in a monthly mortgage payment of $39,748 over a 25-year amortization period.