110 BALMY BEACH ROAD Owen Sound
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- Listed Since: February 12th 2020
BALMY BEACH DEVELOPMENT IS FOR THE DISCERNING BUYER!! This is the first Executive Custom Built home in this 9 lot Development. Serenity meets Excellence with this Bungalow. The magnificent Great Room features a floor to ceiling natural gas fireplace, cathedral ship lap ceiling, vintage engineered hardwood floors and a tilt & slide patio door to a large covered deck. The elegantly designed kitchen features custom cabinetry, a tremendous centre island and quartz countertops. Beautiful natural light is throughout this home with all the over sized windows. The bedroom wing of the home features two bedrooms, a 3pc bath and master suite with walk-out, designer ensuite and walk-in closet. Balmy Beach is such a great location to live because of its four-season lifestyle. Its located steps to Georgian Bay, close to Marinas, Golf Courses, Hiking Trails, ATV/Snowmobile Trails and to the amenities of Owen Sound. This area is perfect for families, the active retiree or as a family weekend retreat. (id:23309)
- Address: 110 BALMY BEACH ROAD
- Location: GEORGIAN BLUFFS
- Ownership: FREEHOLD
- MLS: 244137
|Foyer||Ground level||9' 8'' x 9' 6''|
|5pc Ensuite bath||Ground level|
|Bedroom||Ground level||11' 2'' x 10' 10''|
|3pc Bathroom||Ground level|
|Bedroom||Ground level||11' 2'' x 10' 2''|
|Laundry room||Ground level||13' 6'' x 8' 2''|
|2pc Bathroom||Ground level|
|Kitchen/Dining room||Ground level||19' 4'' x 16'|
|Great Room||Ground level||16' x 15' 10''|
|Master bedroom||Ground level||14' 6'' x 12' 10''|
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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