3 TEDDY BEAR LANE Wiarton
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- Listed Since: July 5th 2019
4600+ sq ft of spectacular living space in this STUNNING, custom designed bungalow! Built in 2016, this bright, airy, & spacious home has 4 (+1) bedrooms, 3 bathrooms, a well thought out layout, & GORGEOUS modern finishes that must be seen to be appreciated! Fully finished basement, in floor heating, wired for generator use, open concept main floor living space with a cathedral ceiling, attached double car garage, & more bells and whistles than you can imagine! XL kitchen with built in appliances & breakfast nook seating, + an adjoining prep kitchen with laundry facilities. A massive back deck off the master bedroom & dining room offer a stunning view overlooking the property. There is an additional 40' X 60' garage + a 15 X 32' bunkie. Teddy Bear Lane is owned by the seller & travels to the shores of sought after Berford Lake through 50 acres of forest including multiple species of trees. The Rankin River crosses much of the property on the south side. Truly spectacular living! (id:23309)
- Address: 3 TEDDY BEAR LANE
- Location: SOUTH BRUCE PENINSULA
- Ownership: FREEHOLD
- MLS: 207298
|4pc Bathroom||Ground level||8' 3'' x 6' 6''|
|Other||Ground level||31' x 27' 5''|
|4pc Bathroom||Ground level||11' 3'' x 7' 7''|
|Master bedroom||Ground level||12' x 13' 10''|
|Bedroom||Ground level||10' x 12' 2''|
|Bedroom||Ground level||10' 8'' x 10' 5''|
|2pc Bathroom||Ground level||3' 5'' x 7' 11''|
|Foyer||Ground level||7' 8'' x 5' 10''|
|Laundry room||Ground level||7' 9'' x 12' 9''|
|Foyer||Ground level||5' 6'' x 6' 6''|
|Foyer||Ground level||7' x 5' 4''|
|Kitchen||Ground level||15' 6'' x 14'|
|Dining room||Ground level||15' 9'' x 9' 4''|
|Living room||Ground level||18' 4'' x 17' 8''|
|4pc Bathroom||In between||6' 8'' x 8' 8''|
|Office||In between||13' x 10' 3''|
|Recreation room||In between||17' 6'' x 18' 4''|
|Family room||In between||32' 4'' x 16' 4''|
|Foyer||In between||9' 4'' x 8' 3''|
|Utility room||In between||13' 9'' x 7' 9''|
|Bedroom||In between||13' 2'' x 12' 7''|
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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