171 GRAND CYPRESS LANE, Blue Mountains
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- Listed Since: February 5th 2019
Just minutes from Blue Mountain ski slopes and vibrant village centre. Luxurious living in Monterra Estates, a golf community with executive style homes and chalets. Magnificent and unique home is designed to embrace family gathering and entertain close friends & business associates. Large chefs kitchen overlooking the golf course. Eye catching fireplace is a focal point. Exceptional master bedroom design with walk-out to decking and hot tub. The perfect combination of casual elegance and essential outdoor living space adjacent to the 8th Fairway. Scandinave Spa is a nearby neighbour for the ultimate in relaxation. Experience the Collingwood lifestyle, just a 1.5 hour drive from Toronto and surrounded by the clean, clear waters of Georgian Bay. (id:23309)
- Address: 171 GRAND CYPRESS LANE
- Location: THE BLUE MOUNTAINS
- Ownership: FREEHOLD
- MLS: 174779
|Living room||Ground level||43' 0'' x 20' 0''|
|Dining room||Ground level||17' 9'' x 16' 0''|
|4pc Ensuite bath||Ground level|
|5pc Ensuite bath||Ground level|
|2pc Bathroom||Ground level|
|Foyer||Ground level||16' 0'' x 10' 0''|
|Mud room||Ground level||25' 0'' x 8' 0''|
|Bedroom||Ground level||13' 8'' x 11' 0''|
|Bedroom||Ground level||15' 0'' x 11' 0''|
|Bedroom||Ground level||15' 8'' x 12' 0''|
|Master bedroom||Ground level||22' 10'' x 19' 9''|
|Kitchen||Ground level||21' 0'' x 21' 0''|
Monthly Mortgage Payments
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- Down Payment
The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.
- Mortgage Insurance
Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.
- Mortgage Rate
The rate of interest you will pay on the outstanding balance of your mortgage.
- Mortgage Type
The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.
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