October, 2008 Archive
October 31st, 2008 by Terri in Baddeck Real Estate, Cape Breton Real Estate, House, Listing, Margaree river
21064 Highway 19
This cozy year round homes is in a great location. Close to the famous Margaree River, this home boasts five bedrooms and comes completely furnished. Large eat-in kitchen and separate laundry room. Lot size is 1500 sq. ft. This house is heated by electricity, no nasty oil bills!
One bedroom is located on the main floor next to the half bath, the remaining four bedrooms are on the upper level. Amenities close to this listing include a grocery store, convenience store, post office and garage. Location is everything and this gem is king!Call today for your private tour.Measurements are approximate and wall to wall.
Call today for your private viewing!
Wishing one and all a super day.
Terri Brewer
Catherine E. Harvey Realties Ltd.
Baddeck, NS
902 295 2364 ph, 902 295 3019 fax
902 295 3472 home
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October 27th, 2008 by Terri in Community, Waterfront, bras d'or lakes
Known as the “great inland sea” it spans 450 square miles,offering some of the most pleasant scenery on the Island. The drive around the lake is equally impressive as bald eagles soar above in hopes of finding a fish or two. There are points of interest along the drive such as the Alexander Graham Bell Museum and the Highland Village in Iona.
Boating enthusiasts enjoy the lakes as an ideal environment for sailing, kayaking and conoeing. If you don’t have a boat, no worries, you can take a sail on the Amoeba in Baddeck. In Summer, the lakes play host to numerous Regatta events in various communities attracting sailors from all over the world. The Regatta in Baddeck is usually held the second week in August and this particular week is when many Baddeckers take their yearly vacation.
While on the Bras d’Or Lakes, boaters can explore the many coves and inlets some with beaches that will allow you to put the bow of the boat on the beach with plenty of water beneath the keel. The water is warm enough to swim in by June( for the brave). There is the” big lake” and the “little lake”, separated by the Barra strait with it’s bascule bridge.
Just outside Baddeck, a few hundred feet from shore is an underwater ridge called Stoney. You really have to know where you are going to navigate anywhere close to Stoney as low tide can find just a few inches of water covering the ridge. It’s well marked on the lake but I’ve heard of a few people going aground on it. Funny story…many years ago a local funny guy , whose name shall remain a mystery to my readers, came up with the bright idea to set up and take a seat on a picnic table out on Stoney at low tide. Many passer-by tourists scratched their collective heads at the effort.
I hope you are inspired to visit the lakes as well as the rest of Cape Breton Island. The hospitality is second to none and we love to share our stories and gush about of favourite Island getaway.
Wishing one and all a super day!
Terri Brewer
Catherine E. Harvey Realties Ltd.
902-295-2364 ph, 902-295-3019 fax
902-295-3472 home
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October 23rd, 2008 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Community, House, Listing, Trends
$79,900 New Haven
15 Stoneys [P] Lane
Welcome to this delightful cottage or year-round dwelling nestled in the hillside with views of the rolling Atlantic and adorned by English gardens; fully furnished and equipped makes the transition such a pleasant process. Many newer updates from the roof, decks, majority of windows, siding and bathroom show the pride taken in this property and appreciation for it.
Perennial gardens add nicely to the sloped landscaping and provide privacy, too. Electricity is 200 amp; municipal water; septic tank and disposal field; baseboard electric heaters; spacious decks to enjoy the scenery; handy storage barn.
The large foyer welcomes you through the back entrance where you will find the laundry team, full bath to the side and entrance to galley kitchen blending into dining room and large, bright living room. The stairs takes you to the upper level for master bedroom with walk-in closet and a den/office area which could also serve as guest accommodations. This property is a gem in northern Cape Breton!
Call today for your private viewing.
Wishing one and all a super day!
Terri Brewer
Catherine E. Harvey Realties Ltd.
Baddeck, NS
902-295-2364 ph, 902-295-3019 fax
902-295-3472 home
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October 21st, 2008 by Terri in Mortgage Insurance, Mortgages, Trends
Mortgage insurance is not something everyone things about when they start shopping for home. Home buyers putting down 20% or more of the purchase price don’t have to worry about mortgage insurance. (note: this post is about mortgage insurance in Canada) So ‘what is mortgage insurance?’ you ask? Read on…
What is mortgage insurance?
Mortgage loan insurance is typically required by lenders when Canadian home buyers make a down payment of less than 20% of the purchase price. Mortgage loan insurance helps protects lenders against mortgage default, (hence the other name mortgage default insurance) and enables consumers to purchase homes with as little as 5% down payment — with interest rates comparable to those with a 20% down payment.
How much does mortgage default insurance cost?
To obtain Mortgage Loan Insurance, lenders pay an insurance premium. Typically, the lender will pass these costs on to you. Your lender will give you the exact price when you apply for a mortgage.
The most mortgage insurance premium is calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the total house cost you borrow, the higher percentage you will pay in insurance premiums.
Are mortgage default insurance and mortgage life insurance the same thing?
Mortgage loan insurance and mortgage life insurance are NOT the same. Default insurance protects the lender from you defaulting on your mortgage. Mortgage life insurance guarantees that your remaining mortgage at the time of your death will not be a burden to your estate.
Hopefully this gives you a brief overview of mortgage insurance… drop me a line if you have any more questions.
Terri Brewer
Catherine E. Harvey Realties Ltd.
902-295-2364 ph, 902-295-3019 fax
902-295-3472 home
»
October 19th, 2008 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Community, House, Listing, Trends, Waterfront
$189,900 Christmas Island
8995 Highway 223
Exceptional views are the signature feature of this wonderful property! Centrally located in the heart of Cape Breton Island, rolling fields lie all around a ready-to-move-into two-storey home. Built approximately 1955, the 3-bedroom house ( 1198sqft[+/-]) appears to have been well maintained, and has awesome views from every room….set back from, and elevated above the Great Bras d’Or Lake in a picturesque rural area. Enjoy the privacy and tranquility offered by this wonderful property ( 48 acres, more or less), located just minutes from all the pleasures offered by our renowned Bras d’Or Lakes…..boating, fishing, swimming, bird watching…or ice fishing, skating, cross country skiing, or snowshoeing!! Five minutes from Iona, about 40 minutes from Baddeck or from Sydney.
Call today for your private viewing. Wishing one and all a super day!
Terri Brewer
Catherine E. Harvey Realties Ltd.
902-295-2364 ph, 902-295-3019 fax
902-295-3472 home
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October 14th, 2008 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Community, House, Listing, Trends
$325,000 Leitches Creek (Upper)
660 Upper Leitches Creek Road
This fabulous property features a two-level, year-round, 4-BR home, detached double garage and garden shed all set on 145 acres (+-) of rolling land with a fantastic, overlooking panoramic view! The property is located in a very private country setting, yet close to city and town amenities! It is obvious to the viewer that this property has been very well-maintained and loved throughout the years.
There is even an in-law suite on lower level, and a terrific work room with laundry and walk-out. The property is rolling mixed forest, with a beautiful lake towards the rear of the property. Located at Upper Leitches Creek, there is a fantastic panoramic view overlooking these Lakes (Morrison Lake, MacIsaac’s Lake and Forrester’s Lake) and the North West Arm of Sydney Harbour! This house is about 37 years old, and measures 54 x 28 feet (+-). It is a year-round home, and has oil (hot water) heat.
There is a drilled well, and there is a septic system. Breaker panel. Exterior is siding. Roof is asphalt shingles. The property is being sold as two parcels: The house lot is comprised of five acres (+-), and the large acreage surrounding it has approximately 140 acres. The land was surveyed in 2002. It is rolling mixed forest, with a beautiful lake towards the rear of the property!
Call today for your private viewing.
Wishing one and all a super day!
Terri Brewer
Catherine E. Harvey Realties Ltd.
Baddeck, NS
902-295-2364 ph., 902-295-3019 fax
902-295-3472 home
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October 7th, 2008 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Community, House, Listing, Mortgages, Trends, Waterfront
$175,000 Orangedale
59 Orangedale-Alba RD
Lovely 3 bedroom home, set back from the road and very private. Property is dotted with apple trees and could have a great view of the lake with some clear cutting. Large woodstove in the living room for those crisp evenings and half bath also boasts a laundry area complete with sauna! Large eat-in kitchen with Enterprise stove( currently not used). Wrap around deck and a small shed are added bonuses. A two acre lot gives you access to the Lake and there is 85 acres on the high side of the road. Loads of road frontage allowing sub-divisions. Interior is bright and cheery. All measurements are wall to wall and approximate. Additional PID`s are 50121839,50206507,50206515. Mun. water pipes installed…hook-up Oct, 08.
Call today for your private viewing.
Wishing one and all a super day!
Terri Brewer
Catherine E. Harvey Realties Ltd.
Baddeck, NS
902-295-2364 phone, 902-295-3019 fax
902-295-3472 home
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October 4th, 2008 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Community, House, Listing, Mortgages, Trends, Waterfront
$149,000 Middle River
2926 Cabot Trail
Nestled in the foothills of the Cape Breton Highlands, this secluded and extremely private, property is priceless in its own right (25 acre parcel to be subdivided from parent acreage–additional land may be negotiable). The year-round splendour of the surrounding hillsides compliment this unique, tastefully finished yet rustic 3-bedroom retreat. The main living area features open concept comfort with new wood and oil stoves on either side of the stone chimney.
Yellow birch flows throughout the residence from the flooring, beautiful heartwood custom-built kitchen cabinets and vertical panelling. Impressive artwork accents the main entrance and overhead in the dining area. The wilderness is yours to enjoy through the numerous windows, large decks or endless woodlands accented with two brooks and a pond. The lush, landscaped grounds reveal a passion for gardening–established “organic” vegetable and fruit produce include bountiful grape vines!
Over 50 species of greenhouse trees and shrubs have been thoughtfully placed. This is an extremely but delightfully private property with absolutely no neighbours, save for the native wild life, once you turn off the Cabot Trail to begin the 3.2 km commute to this get-away along the owner-maintained roadway. And…the only source of electricity is provided through an off-grid hydro system. That’s right–no power bill!
Call today for your private viewing!
Wishing one and all a super day.
Terri Brewer
Catherine E. Harvey Realties Ltd.
Baddeck, NS
902-295-2364 office, 902-295-3019 fax
902-295-3472 home
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$89,000 Margaree Forks
