1752 REEVES RD Victoria Harbour Ontario
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ONCE IN AWHILE A TRULY UNIQUE COUNTRY PROPERTY COMES FOR SALE, AND THIS IS ONE OF THOSE PROPERTIES. THIS RURAL PROPERTY IS SITUATED ON 26 ACRES WITH 8 PONDS, RUNNING CREEKS, EXPANSIVE VIEWS AND INCREDIBLE SUNSETS. START YOUR DAY WITH A COFFEE ON THE FRONT DECK AS THE SUN RISES AND END YOUR DAY RELAXING ON THE BACK DECK WITH A GLASS OF WINE AS THE SUN SETS. THE ALL BRICK 1530 SQFT HOME WITH 3100 SQFT FINISHED HAS 3+1 BDRMS, 3 BATHS, M/F LAUNDRY, OPEN CONCEPT GREAT ROOM W/VAULTED CEILINGS, REC ROOM IN THE MOSTLY FINISHED BASEMENT , INSULATED DOUBLE GARAGE AND MORE. THE 40 X 60 INSULATED & HEATED SHOP WITH A 16 X 60 ENCLOSED STORAGE PORT IS PERFECT FOR A WORK SHOP, HOBBIES OR STORAGE. THERE IS ALSO A BUNKIE. FORMERLY OPERATED AS A FISH FARM AND HAS A VALID LICENCE WHICH IS TRANSFERABLE. ALL THIS LOCATED MINUTES FROM GEORGIAN BAY AND ONLY 90 MIN FROM GTA. CALL NOW AND MAKE THIS YOUR FOREVER HOME!
|Bath (# pieces 1-6)||Basement||3 PIECE|
|Bedroom||Basement||18 X 12|
|Exercise room||Basement||18 X 11|
|Storage||Basement||9'8 X 17|
|Recreational, Games room||Basement||21'8 X 23'5|
|Utility room||Basement||9 X 15|
|Bath (# pieces 1-6)||Main level||3 PIECE|
|Bedroom||Main level||11 X 10|
|Dining room||Main level||12 X 11|
|Bedroom||Main level||11 X 10|
|Ensuite (# pieces 2-6)||Main level||4 PIECE|
|Foyer||Main level||5 X 10|
|Great room||Main level||28 X 21|
|Kitchen||Main level||12 X 9|
|Master bedroom||Main level||15 X 10'9|
|Other||Main level||10 X 8|
|Other||Main level||6 X 11 IRREG|
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Victoria Harbour -- lets calculate some mortgage payment options and see if purchasing this home 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.