342 COASTLINE DRIVE, Wasaga Beach
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- Listed Since: July 10th 2018
Directly across from the beautiful beaches of Allenwood Beach you will enjoy this contemporary year round 3 bedroom 2 bath home. Fully renovated with open concept main floor living space with living room with wood burning fireplace, dining and kitchen area all with panoramic views of the beach. Urban kitchen with sleek cupboards and entertaining with unobstructed views of the beach. Single car garage. Also part of the property is a charming fully renovated 500 sf 2 bedroom seasonal cottage with rustic pine floors and crisp white kitchen, and 4 pc bathroom with all appliances. (id:23309)
- Address: 342 COASTLINE DRIVE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 139269
|Kitchen||Ground level||22' 10'' x 23' 2''|
|4pc Bathroom||Ground level|
|4pc Bathroom||Ground level|
|Family room||In between||20' 6'' x 14' ''|
|Laundry room||In between||9' 8'' x 7' 2''|
|3pc Bathroom||Lower level|
|Bedroom||Second level||8' 10'' x 11' ''|
|Bedroom||Second level||9' 11'' x 11' 7''|
|Master bedroom||Second level||10' 9'' x 13' 10''|
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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