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532 10th Concession Road 2-10, Westport, ON K0G 1X0

2 beds · 3 baths · 1 kitchen · 8 rooms · 2 parking spaces · 1800-1999 sq ft · No locker · Laundry in unit · Co-Ownership Apartment
$49,900

Utilities includedHeat · Hydro · Water

Also includedCondo Taxes

Maintenance fee
$368 / month
Included in the fee
Heat, Hydro, Water, Condo Taxes

Welcome to Wolfe Springs Resort! Enjoy fractional ownership at this 4-season vacation property with the use of all the resort amenities and enjoyment of beautiful Wolfe Lake near Westport, Ontario. This two-storey, waterview villa features 2 bedrooms, 3 bathrooms, large kitchen with granite countertops, stainless steel appliances, sunken living room with propane fireplace and beautiful views of Wolfe Lake. The master bedroom on the upper level is expansive and features a soaker tub and ensuite bath. The villa comes fully furnished and stocked with all you need to enjoy your 5 weeks at the lake including a washer and dryer tucked away in a hallway closet on the upper level. Make use of the recreation room, theater room, boat house, canoes, kayaks, paddle boats, bicycles, shared golf carts and barbecue and fire pit area. The waterfront is perfect for swimming or boating with a sandy beach and dock available. Villa 2-10 has two fixed weeks together each year: the last week of summer and the first week of fall.

MLS number
X12493500
Type
Co-Ownership Apartment
Status
Active
Bedrooms
2
Bathrooms
3
Postal code
K0G 1X0
Photos
50
Locker
No
Laundry
In the unit — In-Suite Laundry
Included in the fee
Heat, Hydro, Water, Condo Taxes
318days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$9,980 · minimum here is $2,495
$220.95per month
Borrowed before insurance$39,920
Total borrowed$39,920
Interest over 25 years at 4.5%$26,364

If you rented it out

-$588.95per month out of pocket
Rent$0.00
Everything it costs to hold$588.95
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.