7 HIGHLAND Drive Shanty Bay
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- Listed Since: February 10th 2020
A grand statement on design w/ the space to match in Horseshoe's prestigious Highlands community, this walkout bungalow boasts over 4,700 sq. ft. of exquisitely finished living space from the curved archways to the soaring clgs w/ crown moulding to the gleaming maple hardwood flrs. The stunning great rm has a cozy dbl sided gas fp connected to the sweeping kitchen; here you'll find a family friendly functional layout w/ granite counters & walkout to the elevated back deck. The master suite features a sumptuous 5pc ensuite w/ marble tile finishes. The lower lvl has an abundance of entertaining space warmed by an add'l dbl sided gas fp. Lots of room for guests as well w/ 3 extra bdrms & 4pc bath on this lvl. A private wooded oasis wrapped in trees. Elegant landscaping maintained by inground sprinkler system. Plenty of parking & storage in the side load triple attached garage. Easy access to Horseshoe Resort & an abundance of 4-season recreation. (id:23309)
- Address: 7 HIGHLAND DRIVE
- Location: ORO-MEDONTE
- Ownership: FREEHOLD
- MLS: 30784210
|Bedroom||Basement||12' 8'' x 8' 9''|
|Bedroom||Basement||16' 9'' x 11' 6''|
|Bedroom||Basement||18' 5'' x 13' 2''|
|Recreation room||Basement||19' 10'' x 19' 7''|
|Family room||Basement||26' 9'' x 16' 9''|
|2pc Bathroom||Ground level|
|Laundry room||Ground level||11' 4'' x 6' 11''|
|Foyer||Ground level||7' 9'' x 6' 11''|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||13' 9'' x 11' 0''|
|Bedroom||Ground level||19' 1'' x 10' 0''|
|5pc Ensuite bath||Ground level|
|Dining room||Ground level||12' 9'' x 12' 0''|
|Great Room||Ground level||23' 4'' x 19' 7''|
|Master bedroom||Ground level||14' 6'' x 14' 2''|
|Kitchen||Ground level||16' 10'' x 11' 8''|
|Living room||Ground level||16' 11'' x 12' 0''|
|Breakfast||Ground level||16' 10'' x 12' 4''|
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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