187 FRANCIS DRIVE Shallow Lake

187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
  • 187 FRANCIS DRIVE
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$410,000

  • Listed Since: November 27th 2019

Have you been looking for the perfect 4 season home or cottage close to the lake PLUS close to all of the amenities Wiarton OR Owen Sound have to offer? Great 3+1 bedroom, 2 bath raised bungalow with a partially finished basement on a 1 acre parcel of land with Francis LAKE ACCESS! This would make a fantastic spot to retire, the perfect home away from home to relax and unwind, or an excellent investment property! Lake is clean and great for swimming, fishing, boating and water activities. Come take a look and see if it's for you! (id:23309)

  • Address: 187 FRANCIS DRIVE
  • Location: GEORGIAN BLUFFS
  • Ownership: FREEHOLD
  • MLS: 234716

This home is located near Shallow Lake Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

4pc BathroomBasement 
Recreation roomBasement14' 4'' x 11' 10''
Laundry roomBasement12' x 9' 4''
Utility roomBasement14' 8'' x 12'
BedroomBasement13' 4'' x 11' 7''
BedroomGround level14' 5'' x 9' 11''
3pc BathroomGround level 
BedroomGround level11' 11'' x 11' 8''
Master bedroomGround level11' 10'' x 9' 11''
Living roomGround level14' 5'' x 14' 10''
  • 4 Bedrooms
  • 2 Bathrooms
  • 1,050 Square Feet
  • $1,534 / month (estimated mortgage)

REALTOR® and MLS® Trademarks
Listing provided by CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Wiarton)

Monthly Mortgage Payments

Thinking about buying 187 FRANCIS DRIVE -- lets calculate some payment options and see if purchasing this home can become a reality.

  • Down Payment
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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.

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  • 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.

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  • Mortgage Rate
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The rate of interest you will pay on the outstanding balance of your mortgage.

  • Mortgage Type
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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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