318 SIXTH ST S Sauble Beach
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- Listed Since: January 6th 2020
So Close To The Beach!! This Incredibly Private Property Is In A Fabulous Location & Has Been In Family For Many Years. Property Is Being Sold As A Package & Includes 3 Prime Lots, One W/ A Cottage. With 322 Ft Of Treed Privacy Fronting On A Full Block, This Gem Only Three Blocks To Beach & Short Walk To Main St. Middle Lot Has A 3 Bdrm, 1 Bth Classic Sauble Cottage On Block Foundation Surrounded By Trees. Tons Of Opportunity!**** EXTRAS **** Inclusions: Refrigerator, Stove Exclusions: Personal Items Buyer Responsible For Due Diligence On Any Alteration, Severances Or Building On This Property. (id:23309)
- Address: 318 SIXTH ST S
- Location: SOUTH BRUCE PENINSULA
- Ownership: FREEHOLD
- MLS: X4577587
|Bedroom||Main level||2.5 m x 3.57 m|
|Bedroom||Main level||3.41 m x 2.5 m|
|Bedroom||Main level||2.83 m x 2.35 m|
|Living room||Main level||4.82 m x 3.38 m|
|Kitchen||Main level||4.85 m x 2.47 m|
Monthly Mortgage Payments
Thinking about buying 318 SIXTH ST S -- 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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