8 HIGHLAND Drive Shanty Bay
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- Listed Since: December 5th 2019
The embodiment of luxury living w/ unparalleled views all the way to Georgian Bay. You will make no compromises here; this executive walkout bungalow has been enhanced to the highest standards & boasts close to 4,000 sq. ft of finished living space. The sweeping open concept design incorporates reclaimed hardwood flrs, floor to clg windows in the great rm & a showpiece kitchen straight from the pages of a home magazine w/ granite counters & professional grade appliances. Updated hardware & elegant light fixtures can be found throughout along with unique brick accent walls & rustic sliding barn doors. The completely finished walkout lower lvl has great entertaining space, brand new flrs & a separate 1 bdrm/1 bath in-law/guest suite. Outside you can enjoy the best view in Horseshoe Valley from the expanded deck w/ glass rail plus this quiet ravine property has a wooded buffer for extra privacy out back. A true statement on style & design w/ family friendly space for those who enjoy a recreation lifestyle. (id:23309)
- Address: 8 HIGHLAND DRIVE
- Location: ORO-MEDONTE
- Ownership: FREEHOLD
- MLS: 30780692
|Games room||Basement||15' 11'' x 12' 0''|
|Exercise room||Basement||14' 1'' x 13' 1''|
|Bedroom||Basement||13' 1'' x 10' 11''|
|Bedroom||Basement||12' 11'' x 9' 11''|
|Other||Basement||10' 4'' x 9' 0''|
|Family room||Basement||14' 1'' x 14' 1''|
|Great Room||Ground level||20' 4'' x 17' 7''|
|Laundry room||Ground level|
|2pc Bathroom||Ground level|
|Bedroom||Ground level||13' 10'' x 12' 2''|
|5pc Ensuite bath||Ground level||9' 11'' x 9' 7''|
|Master bedroom||Ground level||16' 9'' x 15' 9''|
|Dining room||Ground level||18' 1'' x 10' 11''|
|Kitchen||Ground level||13' 3'' x 12' 0''|
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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