99 DUNKERRON Avenue Wasaga Beach Ontario
Up to 30 photos available.
Open concept and full of character in this 2-3 bedroom four season cottage or home located within close proximately to Beach Area 3 and the waters of Georgian Bay. Cathedral ceilings with the charm of wooden beams and lots of natural light welcome you into the home. The wood floors add character throughout the open dining, living room, hallways and bedrooms. Natrual gas fireplace in main area and access to both front and side yard extended patios. White kitchen cabinetry with a gas stove for the chef in the family. Four piece main bathroom plus a second two piece bathroom both with new vanity and sinks. Main floor laundry. Low maintenance vinyl siding and asphalt roof. Private circular paved driveway with lots of parking. Workshop or Bunkie (10x14) and a weather resistant shed (8x10) for additional storage. Lot size 50x150 with residential zoning and municipal sewer and water. Venture across the street and walk only 2 houses down to the Worlds Longest Freshwater Beach!!!!
Wasaga Beach -- Seller’s Real Estate Market
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Wasaga Beach -- lets calculate some mortgage 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.