1656 River Road, Wasaga Beach
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- Listed Since: November 14th 2017
Be the first to call this beautiful brand new bungalow your home and live the waterfront lifestyle right in the City. This 1770 SQFT custom built home has a specious open concept including 3 bedrooms and 2 bathrooms. Many upgrades and features, such as: Hardwood floor throughout - no carpet. Great room has gas fireplace and walkout to huge patio. Custom kitchen with granite counter top and island. Walk-out basement with potential for inlaw. Basement roughed-in for heated floor. Master bedroom has own ensuite and walkout to covered patio for beautiful private view of Nottawasaga River. Main floor laundry room. Separated entry from garage to basement. Large windows throughout the house. Take the opportunity to choose your own colors. Call the listing agent for private viewing.
- Address: 1656 RIVER ROAD
- Nearest Town or City: Wasaga Beach
- Ownership Type: Freehold
|Great Room||Ground level||15' 7'' x 14' 8''|
|Dining room||Ground level||15' 7'' x 10' 8''|
|Kitchen||Ground level||12' 0'' x 11' 5''|
|Master bedroom||Ground level||16' 1'' x 10' 10''|
|Bedroom||Ground level||15' 7'' x 9' 10''|
|3pc Ensuite bath||Ground level|
|4pc Bathroom||Ground level|
|Bedroom||Ground level||10' 10'' x 9' 0''|
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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