88 FORBES ROAD, Lions Head
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- Listed Since: May 16th 2019
At 649K, buying this WATERFRONT HOME just might be LIKE WINNING THE LOTTERY ... memories made will be priceless! Amazing open concept great room & kitchen with water views. All bedrooms with water views too! UPDATES in 2014 ... new windows, drywall, insulation, solid pine trim, oak flooring & roof. KITCHEN REDONE 2014 - pine cabinets, granite tops, island & SS appliances! Also in 2014 - propane service installed, new propane forced air high-efficiency furnace 2 propane stoves, range & bbq connection all NEW! Currently 3 bedrooms (incl loft), but L-shape family/games room could easily be converted (w/1 wall added) into 4th bedroom (12'x11.6') still leaving a good size (21'6"x12'3") family room. Very solid home, good, deep water (dredged by current owners), and your own road path to the 168ft of shore to launch your boat. Very nice deep, level 1.3 acre property - mature trees & privacy. Huge detached garage w/new doors & remote. ACT FAST ... WILL NOT LAST LONG!! (id:23309)
- Address: 88 FORBES ROAD
- Location: NORTHERN BRUCE PENINSULA
- Ownership: FREEHOLD
- MLS: 195493
|Kitchen||Ground level||16' 9'' x 9' ''|
|3pc Bathroom||Ground level||8' 3'' x 7' 9''|
|Bedroom||Ground level||12' 6'' x 12' ''|
|Bedroom||Ground level||16' 5'' x 12' ''|
|Great Room||Ground level||25' 20'' x 7' ''|
|Games room||In between||12' 3'' x 10' 3''|
|Cold room||In between||6' 5'' x 3' 6''|
|Workshop||In between||16' 3'' x 11' 2''|
|Foyer||In between||11' 9'' x 6' 7''|
|Laundry room||In between||11' 6'' x 9' 8''|
|Family room||In between||23' 11'' x 14' 11''|
|Bedroom||Second level||14' 10'' x 11' 10''|
|2pc Ensuite bath||Second level||6' 0'' x 5' 11''|
Monthly Mortgage Payments
Thinking about buying 88 FORBES ROAD -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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Lions Head Schools
- Bruce Peninsula District School
5 Moore St, Lion's Head, ON N0H 1W0
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