LT 183 CLIPPERS LANE Thornbury
Up to 38 photos available.
- Listed Since: February 11th 2020
TO BE BUILT. With PHASE 4 of The Cottages at Lora Bay now open, discerning home buyers are being offered a fabulous new collection of bungalows in this award-winning Thornbury community. The SUMMIT model is a 1613 sq ft 2 bed, 2.5 bath bungalow with loft. This home is part of the Sherwood Homes Ltd "Cottages" collection and is sure to please with it's fabulous open concept design, main floor master with ensuite and beautiful vaulted ceilings. Inside and out, The Cottages at Lora Bay are a testament to fine residential design, with distinguished exteriors and exquisitely appointed interiors to match. This property truly has it all, just steps to Georgian Bay and the fabulous amenities offered at Lora Bay including a gym, indoor pool, recreation centre, 2 beaches, residents club house, and much more. Model home open 12-4pm (Thur-Mon) 105 Beacon Drive, Thornbury. Some images are from model homes and contain upgrades not included in the standard features of a home. (id:23309)
- Address: LT 183 CLIPPERS LANE
- Location: THE BLUE MOUNTAINS
- Ownership: FREEHOLD
- MLS: 240534
|Great Room||Ground level||11' 10'' x 15' 5''|
|Kitchen||Ground level||11' 10'' x 9' 6''|
|Dining room||Ground level||11' 10'' x 9'|
|Master bedroom||Ground level||12' 1'' x 14' 11''|
|4pc Ensuite bath||Ground level|
|2pc Bathroom||Ground level|
|Loft||Second level||9' 10'' x 12' 3''|
|Bedroom||Second level||10' x 11'|
|4pc Bathroom||Second level|
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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