60 THOMPSON AVENUE Sauble Beach
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- Listed Since: January 31st 2020
Leased Land - Welcome to 60 Thompson Avenue! This cute & cozy beach cottage is located just 1 block away for the world famous Sauble Beach! Spend your summers soaking up the sunshine on the private sandy beach only a short walk away. This 4 bedroom, 1 bath cottage is roomy enough for the entire family. The treed, private lot offers lots of space to entertain & play outdoors. Many upgrades including new board and batten siding, soffit/fascia, and decking. Call your REALTOR® today, and start planning your summer vacations at your own beach cottage! Lease Fee $4025 Service Fee $875 (id:23309)
- Address: 60 THOMPSON AVENUE
- Location: SAUGEEN INDIAN RESERVE #29
- Ownership: LEASED LAND
- MLS: 242553
|Kitchen||Ground level||7' 6'' x 8' 7''|
|Dining room||Ground level||8' 11'' x 13' 0''|
|Family room||Ground level||11' 10'' x 15' 0''|
|Bedroom||Ground level||9' 7'' x 8' 0''|
|Bedroom||Ground level||11' 5'' x 6' 3''|
|Bedroom||Ground level||8' 6'' x 8' 11''|
|4pc Bathroom||Ground level||7' 6'' x 4' 6''|
|Bedroom||Ground level||8' 8'' x 7' 5''|
Monthly Mortgage Payments
Thinking about buying 60 THOMPSON AVENUE -- 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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