1250 RIVER ROAD W, Wasaga Beach
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- Listed Since: July 9th 2018
Welcome to 1250 River Road West in Wasaga Beach. Built in the 1960s this riverfront cottage/home has been in the same family ever since. Features include 3 bedrooms, 1.5 baths, a natural gas forced air furnace, a large 20 wide deck over looking the Nottawasaga River and more. Situated on a 50 foot wide x 162 foot deep lot, this waterfront property is perfect for the boating lifestyle! Property is being sold as is without representations or warranty offered by Seller. (id:23309)
- Address: 1250 RIVER ROAD W
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 139414
|Living room||Ground level||15' 11'' x 10' 6''|
|Bedroom||Ground level||8' 6'' x 7' 5''|
|Bedroom||Ground level||8' 6'' x 7' 8''|
|Bedroom||Ground level||8' 6'' x 7' 6''|
|4pc Bathroom||Ground level|
|Kitchen||Ground level||13' 3'' x 10' 6''|
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
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- 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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