209 2ND AVENUE Hanover
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- Listed Since: March 24th 2020
Lovely family home with many updates in a wonderful neighbourhood of Hanover. Property comes with second 60' x 100' lot that fronts on 4th Street Cres and comes with a separate tax bill. Main lot also measures 60' x 100'. Modern kitchen & bath, and master bedroom with ensuite & walk-in closet. Gas heat, double car garage, sprinkler system, and so much more. Call today for more information! (id:23309)
- Address: 209 2ND AVENUE
- Location: HANOVER
- Ownership: FREEHOLD
- MLS: 252506
|Den||Ground level||12' 6'' x 12' 8''|
|Laundry room||Ground level||7' 0'' x 5' 0''|
|2pc Bathroom||Ground level|
|Kitchen||Ground level||24' 6'' x 13' 0''|
|Living room||Ground level||13' 0'' x 12' 4''|
|Games room||Lower level||19' 0'' x 12' 6''|
|Recreation room||Lower level||16' 0'' x 12' 0''|
|Office||Lower level||11' 6'' x 11' 6''|
|Master bedroom||Second level||13' 0'' x 15' 6''|
|Bedroom||Second level||13' 0'' x 10' 9''|
|Bedroom||Second level||12' 10'' x 13' 0''|
|4pc Bathroom||Second level|
|3pc Ensuite bath||Second level|
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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