1011 SHORE LANE, Wasaga Beach
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- Listed Since: February 4th 2019
"Location-Location-Location"; a cliche but true when the beach and South Georgian Bay are right across the road. Fully winterized and move in ready to live where other people play. OR are you looking for your cottage home from home. Come and go as you please on Shore Lane in Wasaga Beach.You could be cruising down the slopes at Blue Mountain in 30 minutes. 5 minutes drive to 32km of cross country skiing in the Provincial Park. Extensive local snow mobile trails. Comfortably sleeps 6 to 7 with the bunkie. See Georgian Bay from your front door and steps to beach access through the path on Crown Land opposite. Peace and quiet in the back yard. Kitchen has all appliances plus washer/dryer. Be sure to check out the Bunkie. Looking for potential? Fantastic lot to build your future dream home, lift current cottage or extend on the back if you wish. (id:23309)
- Address: 1011 SHORE LANE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 174473
|3pc Bathroom||Ground level|
|Bedroom||Ground level||8' 7'' x 7' 10''|
|Bedroom||Ground level||9' 3'' x 8' 10''|
|Kitchen||Ground level||12' '' x 9' ''|
|Family room||Ground level||16' '' x 12' ''|
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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