10 BAY STREET E #207 Thornbury
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- Listed Since: February 11th 2020
WALKING DISTANCE TO TOWN This spacious immaculate condo is in a great location. It has ground floor living even though you are on the second floor. You can enter from your patio garden or choose the main building entrance. From the living room you look out over green space. Located next door to Bayview Park and the shores of Georgian Bay. This condo has a wonderful use of open space as well as a den and guest room allowing for family or company to come and visit. This unit feels like you are ground floor living even though you are on the second floor. Very private for sitting outside on the patio. The underground parking is an added bonus. There is access to a party room on the main floor as well as a gym on the top floor. The home offers 9' ceilings and has just been freshly painted. The only utilities you pay are hydro, hot water tank rental. It is move in ready and won't last for long especially given the location to town and all the amenities it has to offer. (id:23309)
- Address: 10 BAY STREET E #207
- Location: THE BLUE MOUNTAINS
- Ownership: CONDO CORPORATION
- MLS: 243855
|3pc Bathroom||Ground level|
|Dinette||Ground level||8' 2'' x 9'|
|Kitchen||Ground level||11' 9'' x 9' 5''|
|Den||Ground level||13' 9'' x 8' 9''|
|Master bedroom||Ground level||13' 11'' x 12' 1''|
|Bedroom||Ground level||12' 9'' x 11' 5''|
|Laundry room||Ground level||9' x 5'|
|Foyer||Ground level||8' 3'' x 11' 9''|
|4pc Ensuite bath||Ground level|
|Living room||Ground level||19' 5'' x 13' 9''|
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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