46 Elgin Street, St Thomas

We have found 6 Townhomes that closely match the specifications of the property located at 46 Elgin Street with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 588,500 and 625,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the N5R3M1 postal code area of St Thomas Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 46 Elgin Street. The current price of the property is $494,000, 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 $395,200. This would result in a monthly mortgage payment of $2,310 over a 25-year amortization period.