42 RIVER AVENUE Crescent, Wasaga Beach
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Amazing Investment Opportunity With This Great Vacation Rental Income Property. Fully Turnkey & Managed Property Allowing New Owner To Be Hands-Off. 3 Separate Income Producing Units On One Ideally Located Property Which Lies Within Study Boundary Of $625M Downtown Development Master Plan Approved By Town In Mar'17. Set On Nottawasaga River With Views Of Beach, Just 2 Mins Walk To Main St Bridge, 5 Min Walk To Beach 1 & World's Longest Freshwater Beach. **** EXTRAS **** Unique 3 Self-Contained Unit High Grossing Investment PropertyEach With Own Booking Schedules. 5 Bdrm Dwelling Sleeps 14, 3 Bdrm Dwelling Sleeps 10, 2 Bdrm Bunkie Sleeps 4. Tremendous More Potential Plus Bonus Of Wasaga Development Plan.
- Address: 42 RIVER AVENUE CRESCENT
- Nearest Town or City: Wasaga Beach
- Ownership Type: Freehold
Monthly Mortgage Payments
Thinking about buying 42 RIVER AVENUE Crescent -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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Wasaga Beach Schools
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