638 BOAT LAKE ROAD Wiarton
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- Listed Since: August 22nd 2019
Charming year-round home or cottage near "Boat Lake"! 3 bedrooms, 1 bathroom, open kitchen and living area. Lovely yard for summertime entertainment. Access the front deck off of the main living area and enjoy your morning coffee! Great central location between Wiarton and Sauble Beach. Only an hour to the desirable Tobermory featuring the Chi-Cheemaun, the Bruce Peninsula National Park and The Grotto. This property would make a great year round home or cottage. (id:23309)
- Address: 638 BOAT LAKE ROAD
- Location: SOUTH BRUCE PENINSULA
- Ownership: FREEHOLD
- MLS: 217108
|Kitchen||Ground level||8' 2'' x 17' 1''|
|3pc Bathroom||Ground level||8' x 10'|
|Bedroom||Ground level||7' 10'' x 11' 3''|
|Bedroom||Ground level||11' 3'' x 11' 4''|
|Bedroom||Ground level||11' 2'' x 7' 7''|
|Living room||Ground level||14' 7'' x 19' 1''|
Monthly Mortgage Payments
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- Down Payment
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- 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
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- 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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