31 1ST LANE, Wasaga Beach
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- Listed Since: September 9th 2019
What do you envision when you think about your dream home? Come and experience 31 1st Lane and Beach Living at its finest! Newly built offering modern luxuries that you dont find everywhere. 2450sqft 4 bedroom 3 bath Derike designed home is built to the highest standards in quality and design. Master bedroom w/walkout to balcony. Ensuite with walk-in closet, double vanity & beautiful soaker tub. Large, open concept kitchen built for entertaining w/oversized island, quartz countertops. Living and Dining area with elegant gas fireplace. Solid Oak hardwood flooring & staircase, tempered glass stair railing. Finished with premium materials throughout, modern fixtures & finishes. Mabec and stone exterior offers years of worry-free finishes. Admire the views of Georgian Bay from the 2nd floor bedroom balcony or take a short stroll to the worlds longest freshwater beach. (id:23309)
- Address: 31 1ST LANE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 220278
|Foyer||Ground level||6' 9'' x 6' 6''|
|Living room/Dining room||Ground level||23' '' x 14' ''|
|Bedroom||Ground level||12' 6'' x 12' 6''|
|Kitchen||Ground level||12' '' x 14' ''|
|3pc Bathroom||Ground level||' '' x ' ''|
|Laundry room||Ground level||6' '' x 7' 5''|
|Bedroom||Second level||14' '' x 17' 8''|
|Master bedroom||Second level||20' 4'' x 12' 9''|
|4pc Ensuite bath||Second level||' '' x ' ''|
|3pc Bathroom||Second level||' '' x ' ''|
|Bedroom||Second level||16' 4'' x 14' 9''|
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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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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