1018 RIVER ROAD E, Wasaga Beach
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- Listed Since: May 16th 2019
Bask in the good life with this contemporary cedar 3 bedroom, 1.5 bath, four season cottage with views of Georgian Bay and steps to the beach! Enjoy late summer evenings watching the stunning, ever-changing sunsets over the Bay with a front row seat from the privacy of your deck! Located in the quiet neighbourhood of Allenwood Beach, this home is perfect for either full-time living or as a weekend retreat. Open concept kitchen/dining/living space with cathedral, beamed ceilings and wood burning fireplace. Expansive sliding glass doors across the entire north side lead to a 24 x 11 deck, including a sandbox for the kiddies or the child-at-heart. Granite countertops in kitchen, marble countertop in bathroom. Relax around the outdoor fireplace on the newly constructed stone patio on the south side of the home. Balcony off master bedroom; studio/workshop/storage area measuring 18 x 20; steel roof with transferable warranty. Book your private showing today! (id:23309)
- Address: 1018 RIVER ROAD E
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 194522
|2pc Bathroom||Ground level||5' 7'' x 3' 1''|
|Laundry room||Ground level||15' 10'' x 6' 10''|
|Workshop||Ground level||20' 2'' x 18' 8''|
|Great Room||Second level||25' 10'' x 23' 7''|
|Kitchen||Second level||9' 7'' x 7' 10''|
|Master bedroom||Second level||13' 4'' x 9' 7''|
|Bedroom||Second level||13' 8'' x 9' 4''|
|Bedroom||Second level||13' 8'' x 8' 11''|
|4pc Bathroom||Second level||8' 7'' x 7' 7''|
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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