2533 RIDGE RD W Shanty Bay
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- Listed Since: March 20th 2020
: Welcome To Your Private Resort! Gated Access To 17.5 Acres Of Exquisite Living! 7 Treed Acres For Your Complete Privacy With 726 Ft Of Pristine Water Frontage On Kempenfelt Bay, Just 10 Minutes From Downtown Barrie & 1 Hr From Toronto! This Property Consists Of A 6100 Sq. Ft. 5 Bedroom, 6 Washroom Residence, In-Ground Custom Made Infinity Pool With A Swim Up Bar & Hot Tub. Another Hot Tub Located On The Water With A Custom Bar To Just Lay Back & Relax!**** EXTRAS **** Chattles: All Fridges, Stove, Dishwashers, Washers & Dryers, Built-In Microwave, 2 Hot Tubs, All Pool Components & Related Equipment, All Window Coverings, All Electric Light Fixtures (id:23309)
- Address: 2533 RIDGE RD W
- Location: ORO-MEDONTE
- Ownership: FREEHOLD
- MLS: S4727361
|Recreational, Games room||Lower level||7.92 m x 4.87 m|
|Bedroom 5||Lower level||5.91 m x 3.7 m|
|Family room||Lower level||8.53 m x 6.73 m|
|Bedroom 3||Main level||6.67 m x 4.6 m|
|Kitchen||Main level||11.58 m x 8.53 m|
|Dining room||Main level||6.52 m x 6.85 m|
|Living room||Main level||11.58 m x 8.53 m|
|Family room||Main level||11.58 m x 8.53 m|
|Bedroom 2||Main level||5.48 m x 3.35 m|
|Bedroom 4||Main level||4.26 m x 4.26 m|
|Exercise room||Second level||5.42 m x 2.4 m|
|Master bedroom||Second level||8.84 m x 7.01 m|
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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