5680 PENETANGUISHENE Road, Elmvale
Up to 21 photos available.
- Listed Since: August 11th 2018
LOVELY WATERFRONT ORR LAKE BUNGALOW SITUATED ON LARGE LOT WITH 110 FT OF LAKE SHORE! ENJOY YEAR ROUND ACIVITIES - FISHING, BOATING, GOLF, SKIING, NATURE TRAILS OR RELAX BY THE WATER... SPACIOUS OPEN CONCEPT LIVING RM - DINING RM - KITCHEN, MASTER BEDROOM WITH 2 PC ENSUITE, BEAUTIFUL SUNROOM WITH UNTAINTED LAKEVIEW; RECENT IMPROVEMENTS INCL. NEWER GAS FURNACE, GAS FIREPLACE, ROOF SHINGLES IN 2012, HARDWOOD FLOORS IN BEDROOMS, DIN. RM AND KITCHEN, SUNRM IN 2005, NEWER SEPTIC PUMP. PART GARAGE AS HOBBY RM AND WORKSHOP. FRIENDLY, FAMILY ORIENTED SPRING FED LAKE LESS THAN 1 1/2 HR FROM TORONTO... THIS IS MUST VIEW HOME AND POTENTIAL - ENJOY LIVING BY THE WATER! (id:23309)
- Address: 5680 PENETANGUISHENE ROAD
- Location: SPRINGWATER
- Ownership: FREEHOLD
- MLS: 30678692
|Eat in kitchen||Ground level||20' 7'' x 13' 3''|
|Office||Ground level||11' 10'' x 7' 9''|
|Foyer||Ground level||6' 1'' x 7' 4''|
|3pc Bathroom||Ground level|
|Laundry room||Ground level|
|Bedroom||Ground level||12' 0'' x 9' 7''|
|2pc Ensuite bath||Ground level|
|Master bedroom||Ground level||12' 2'' x 10' 10''|
|Living room||Ground level||20' 0'' x 18' 11''|
|Sunroom||Ground level||14' 6'' x 6' 5''|
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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