118 DRIVE IN CRESCENT #6 Owen Sound
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- Listed Since: December 3rd 2019
Welcome to the new CCS lifestyle community. This well appointed home in the community offers you 4 bedrooms on a land lease so maintaining the yards and drive are no longer your responsibility! Located at Georgian Bluffs close by Owen Sound making for an easier lifestyle in a community setting. The size of the home could easily be conducive for professional individuals and busy families where time previously spent on maintenance can not be reallocated to friends, family or work. If you should choose, multiple owners could share living and expenses making this home a cost effective living arrangement. Common areas include pool, office work environment and excersise facilities. Inside has a large eat in kitchen, flowing into the living area. Two elegant bathrooms ~ one on each floor. Master bedroom downstairs includes a whirlpool tub & shower and walks out to a lovely main floor sitting area. Do not wait; call a REALTOR® today for more details. (id:23309)
- Address: 118 DRIVE IN CRESCENT #6
- Location: GEORGIAN BLUFFS
- Ownership: LEASED LAND
- MLS: 235734
|5pc Bathroom||In between||5' 7'' x 11'|
|Recreation room||In between||21' x 13'|
|Master bedroom||In between||13' 3'' x 23'|
|4pc Bathroom||Second level||7' 3'' x 10' 4''|
|Bedroom||Second level||10' 2'' x 13' 1''|
|Bedroom||Second level||7' x 10'|
|Bedroom||Second level||8' 3'' x 12' 3''|
|Living room||Second level||14' 6'' x 14' 4''|
|Kitchen/Dining room||Second level||10' 3'' x 20'|
Monthly Mortgage Payments
Thinking about buying 118 DRIVE IN CRESCENT #6 -- 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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