1057 WHITINGS Road Unit# 8 Torrance
$3,449,000
Your Muskoka Life Begins Today With This Unbelievable Offering. Simply Said This Property Is A Must See With More Than Enough Room For The Whole Family, And Then Some! The Main Cottage Includes Three Bedrooms All With En Suites, Two Of The Bedrooms Include Oversized Custom Walk-In Closets. The Craftsmanship Is Evident Throughout, With Wide Plank Floors And An Open Concept Design. Seamless Indoor / Outdoor Entertainment With Multiple Walkouts On To The Deck From The Main Floor. The Finished Basement With Custom Built-In Cabinetry Is The Perfect Setting For Your Home Office. Walkout From The Basement Through The Landscaped Gardens And Down The Flagstone Pathways To The Waterfront. Sit By The Fire On One Of The Flagstone Sitting Areas And Take In The Beautiful Muskoka Sunsets. Additional Property Features Include A Two Slip Boathouse With A Large Sundeck, Generator, A Separate Self-Contained 880 Sq Ft Two-Bedroom Guest House All Located A Short Drive To Golf, Restaurants, And Shopping. What More Could You Want? (id:25417)
- 3 Bedrooms
- 4 Bathrooms
- 3,000 Square Feet
- $11,871 / month (estimated mortgage)
- Listing ID: 40054325
- Listed On: JANUARY 5TH 2021
- Address: 1057 WHITINGS ROAD UNIT# 8
- Location: TORRANCE
- Postal Code: P0C 1M0
Get Directions
Get to know this Neighbourhood
Highway #169 to Torrance. Turn on East Bay Road (North) to Whitings Rd. Turn Left On Whitings Road And Follow To The Lake. Turn Left At 1057 Whitings Rd And Follow To #8.
| Rooms | Levels | Dimensions |
|---|---|---|
| Bonus Room | Lower level | 15'60'' x 16'40'' |
| Recreation room | Lower level | 23'20'' x 27'10'' |
| 2pc Bathroom | Main level | 5'00'' x 5'70'' |
| 3pc Bathroom | Main level | 6'00'' x 6'30'' |
| Bedroom | Main level | 12'00'' x 12'11'' |
| 3pc Bathroom | Main level | 5'11'' x 6'20'' |
| Bedroom | Main level | 11'10'' x 12'11'' |
| Full bathroom | Main level | 14'30'' x 13'20'' |
| Primary Bedroom | Main level | 16'30'' x 23'40'' |
| Sunroom | Main level | 20'70'' x 13'50'' |
| Kitchen | Main level | 14'70'' x 17'80'' |
| Dining room | Main level | 15'11'' x 12'40'' |
| Living room | Main level | 24'50'' x 15'10'' |
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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.
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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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