47 CABIN CRESCENT Wasaga Beach
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- Listed Since: March 26th 2020
Affordable Cottage Living! Enjoy your bright & sunny cabin on the pond. Popular 3 bedroom loft 968 sqft Cabin. Gas Fireplace & F/A natural gas furnace. Extended deck & interlock patio. Completely furnished and equipped, large shed with plenty of storage and new roof in 2019. All that is needed is you and your family! 4-Season resort, perfect for families or weekend w/friends. Gated community w/rec centre, indoor & outdoor pools,walking path to beach & tennis courts. Fees for new owner will be: Land Lease $ 484 Maintenance fee; $70, Property tax: $121.19 Water/Sewer $ 34 Landlord approval required. Click on Virtual Tour for a full 3D Tour of this from the comfort of your home. (id:23309)
- Address: 47 CABIN CRESCENT
- Location: WASAGA BEACH
- Ownership: LEASED LAND
- MLS: 252621
|Living room||Ground level||15' x 13'|
|Kitchen||Ground level||15' x 10'|
|Bedroom||Ground level||9' x 10'|
|Master bedroom||Ground level||11' x 11'|
|4pc Bathroom||Ground level|
|Bedroom||Second level||11' x 11'|
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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