11 BAY STREET #2 Thornbury
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- Listed Since: October 15th 2019
Welcome to 11 Bay Street in Thornbury. Watch the river flow by out your back window. Enjoy sunsets over the harbour & Georgian Bay from your balcony. Open concept kitchen, living room on the main level with gas fireplace and high ceilings. Walk out to your private patio in the landscaped backyard. Attention to detail with every door being solid wood, dark wood floors, heated tiled floors, and oversized baseboards. This solid home is spectacular. The master bedroom is totally private on the 3rd floor with ensuite, den with fireplace and your private balcony. You will never want to leave. The in unit private elevator gives you a lift when necessary. The location of this home is ideal, walking distance to downtown Thornbury's favourite restaurants & shops. Also, close to two beaches, the Georgian trail and the harbour. Skiing, hiking and biking are all very close. Come and see your new home! (id:23309)
- Address: 11 BAY STREET #2
- Location: THE BLUE MOUNTAINS
- Ownership: CONDO CORPORATION
- MLS: 227885
|Kitchen||Ground level||9' x 11' 6''|
|2pc Bathroom||Ground level||5' x 5'|
|Foyer||Ground level||8' 9'' x 5'|
|Laundry room||Ground level||5' 9'' x 11' 6''|
|Living room||Ground level||11' 6'' x 19'|
|Other||Ground level||11' x 11' 6''|
|Bedroom||Second level||12' x 11'|
|5pc Bathroom||Second level||10' x 6'|
|Bedroom||Second level||15' 2'' x 9' 3''|
|Bedroom||Second level||16' x 11' 4''|
|4pc Ensuite bath||Second level||8' 5'' x 5' 4''|
|5pc Ensuite bath||Third level||20' x 9' 6''|
|Den||Third level||12' x 11' 6''|
|Master bedroom||Third level||20' x 12'|
Monthly Mortgage Payments
Thinking about buying 11 BAY STREET #2 -- lets calculate some payment options and see if purchasing this condo can become a reality.
- 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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