85519 MCDONALD LANE Goderich

85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
  • 85519 MCDONALD LANE
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$548,000

  • Listed Since: March 23rd 2020

Picture yourself relaxing and enjoying this very private lakefront cottage or year round home. Take in the beautiful blue water view and watch the famous Lake Huron sunsets from the deck. Situated on a deep lot off a quiet country road between Goderich and Kincardine. Inside you will find a spacious main living area with floor to ceiling windows facing the lake. The kitchen with bar top counter and stools allows you to hang out with your family while you cook and entertain. Patio doors lead from the kitchen onto a large two-tiered deck with BBQ. The home also has a formal dining room adding to the home's hospitality. Plenty of space to have family visit for the weekend! the master bedroom has a unique adjoining suite which turns that wing into great guest quarters. Large decks stretch the entire perimeter of the home and allow you to enjoy both east and west to enjoy morning coffee and afternoon sunsets. See below "Multimedia" for arial video. (id:23309)

  • Address: 85519 MCDONALD LANE
  • Location: ASHFIELD-COLBORNE-WAWANOSH (TWP)
  • Ownership: FREEHOLD
  • MLS: 251973

This home is located near Goderich Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

Master bedroomGround level15' 6'' x 11'
Living roomGround level23' x 18'
BedroomGround level13' x 9'
BedroomGround level12' x 11' 6''
FoyerGround level14' x 5'
3pc BathroomGround level11' x 5'
KitchenGround level11' 3'' x 10'
Dining roomGround level11' 6'' x 9' 7''
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,400 Square Feet
  • $2,050 / month (estimated mortgage)

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Listing provided by COLDWELL BANKER THE PROPERTY SHOPPE Brokerage (Kincardine)

Monthly Mortgage Payments

Thinking about buying 85519 MCDONALD LANE -- lets calculate some payment options and see if purchasing this home can become a reality.

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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.

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  • 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.

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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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