282 OGIMAH ROAD, Sauble Beach
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- Listed Since: May 22nd 2019
Super, 3 bedroom cottage. Spacious, bright and winterized on quiet Chief's Point along the Sauble River. Almost new condition; doors, windows, roof with spray foam insulated floors and block foundation. Very private, treed lot and back yard. Large storage building with attached screened porch to enjoy the outdoors. Lots of entertaining area on the front deck facing the South with wrap around decking right to back yard. Cottage comes completely furnished. Lease amount is $ 4,684 and Service Fee is $ 875 per year. (id:23309)
- Address: 282 OGIMAH ROAD
- Location: CHIEF'S POINT INDIAN RESERVE #28
- Ownership: LEASED LAND
- MLS: 196459
|Other||Ground level||7' '' x 8' ''|
|Kitchen||Ground level||9' 6'' x 14' ''|
|Living room||Ground level||11' 9'' x 17' ''|
|Bedroom||Ground level||8' 7'' x 9' 9''|
|Bedroom||Ground level||8' 7'' x 10' ''|
|Bedroom||Ground level||10' 10'' x 11' ''|
|Workshop||Ground level||16' '' x 20' ''|
|3pc Bathroom||Ground level||7' '' x 7' 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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Sauble Beach Schools
- Amabel-Sauble Community School
555 Sauble Falls Pkwy, Sauble Beach, ON N0H 2G0
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