1899 RIDGE ROAD RD Shanty Bay

1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
  • 1899 RIDGE ROAD RD
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$5,499,000

  • Listed Since: February 19th 2020

Magnificent Custom Built Waterfront Estate With Unobstructed Panoramic Lake Views On The Prestigious Shores Of Shanty Bay! Elegant French Chateau Inspired Design Offers 10,000 Sqft Of The Finest Finishes And Upgrades! Situated On A 5 Acre Mature Treed Lot With Immaculately Kept Grounds, Extensive Landscaping, 212.50 Ft Of Prime South Facing Waterfront With Private 60 Ft Concrete Pier And Boat Lift! Secondary Coach House, Regulation Size Tennis And Gazebo!**** EXTRAS **** Central Grand Living/Dining Room With Walk Out To Terrace, 5 Bedrooms, 4.2 Bathrooms, 4 Fireplaces, 2 Screened In Porches, Theatre Room, Games Room, Bar, Wine Cellar, Guest Suite Above Garage, Generator On Demand, Private Drive With Bridge! (id:23309)

  • Address: 1899 RIDGE ROAD RD
  • Location: ORO-MEDONTE
  • Ownership: FREEHOLD
  • MLS: S4696543

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

MediaLower level40 m x 21 m
Bedroom 3Lower level17 m x 15.5 m
Bedroom 4Lower level15.5 m x 13 m
Bedroom 5Lower level15.5 m x 8 m
Great roomMain level40 m x 21 m
KitchenMain level15 m x 13.5 m
PantryMain level 
FoyerMain level13 m x 10 m
Family roomMain level30 m x 16 m
Master bedroomMain level23 m x 17 m
StudyMain level15 m x 12 m
Master bedroomMain level23 m x 17 m
  • 6 Bedrooms
  • 6 Bathrooms
  • $20,572 / month (estimated mortgage)

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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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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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