4 CRANBERRY HEIGHTS, Wasaga Beach
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- Listed Since: August 7th 2018
Situated in a very desireable neighbourhood of Wasaga Beach you will find this lovely raised bungalow with a bright open concept living space and fully finished lower area. This home offers welcoming entry way to living room, dining and kitchen area. Adjacent dining area. Main floor offers large master bedroom with ensuite and walk-in closet. Additional guest bedroom and 4 pc bath. Fully finished lower area with large family room and guest suite with bath. Situated in a large lot with manicured back yard, three season sunroom off the dining nook and beautiful custom gazebo for outdoor living area. Centrally located and close to all amenities of Wasaga Beach. (id:23309)
- Address: 4 CRANBERRY HEIGHTS
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: 145462
|Living room||Ground level||18' 4'' x 12' 5''|
|Dining room||Ground level||14' '' x 8' 2''|
|Kitchen||Ground level||19' '' x 10' 5''|
|Family room||Ground level||14' '' x 11' ''|
|Master bedroom||Ground level||14' 11'' x 1' 5''|
|Bedroom||Ground level||12' 6'' x 10' 1''|
|3pc Bathroom||Ground level|
|4pc Ensuite bath||Ground level|
|Bedroom||Lower level||28' '' x 15' ''|
|Recreation room||Lower level||22' 4'' x 12' 8''|
|Hobby room||Lower level||18' 9'' x 8' 8''|
|3pc Bathroom||Lower level|
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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