87 MCCAGUE ST N, Wasaga Beach
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- Listed Since: October 12th 2018
Over 2200 Sq Ft Of Living Space + 9 Units! Prime Crt In Wasaga Beach,Mins Walk To Beach 4 &5,19 Min Drive To Blue Mountain,Cottage Court With 9 Spotless Units, 1-1 Bed, 4-2 Bed, 4-3 Bed, Turn Key Operation, All Units Are Fully Winterized, All Season, With Heat Baseboards, & Ac Units,2 Cottages W/Split Duct(Heat/A/C On Gas,Tankless)Elec Fp In Cottage#8,Several Uses, Seller Has Pre-Approval For Severing 2 Lots/Possibly 3rd Lot**** EXTRAS **** Can Configure 2 Lots And Keep Existing Home Or Can Also Be ( Tear Down ) 0.5 Acre For Re -Dev ,Fridge,Stove,Dishwasher,Microwave,Freezer,Washer,Dryer,Window Covers,Shed, Gas Fp,Playground Equip,Grge Dr Open,Solar Panels,Bbqs,Picnic Tables, (id:23309)
- Address: 87 MCCAGUE ST N
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: S4274635
|Bedroom 3||Lower level||4.54 m x 4 m|
|Recreational, Games room||Lower level||5.18 m x 6.88 m|
|Kitchen||Main level||4.6 m x 4.57 m|
|Dining room||Main level||4.57 m x 4.57 m|
|Family room||Main level||7.62 m x 5.48 m|
|Bedroom||Main level||3.35 m x 3.35 m|
|Bedroom 2||Main level||4.48 m x 3.96 m|
|Office||Main level||4.42 m x 2.38 m|
|Den||Main level||2.38 m x 2.38 m|
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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