1163 Michael St, London

We have found 6 Houses that closely match the specifications of the property located at 1163 Michael St with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 676,900 and 799,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N5V2H2 postal code area of London Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1163 Michael St. The current price of the property is $599,000, 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 $479,200. This would result in a monthly mortgage payment of $2,801 over a 25-year amortization period.