248 8TH STREET, Hanover
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- Listed Since: September 14th 2018
Home easily converted back to single family, currently being used as a duplex. Spacious 1.5 storey home with addition, large backyard, detached garage with studio apartment above, get a renter to help pay the mortgage! Bricked house with large living room/kitchen/ bathroom addition complete with gas fireplace and overlooking the yard. 1 bedroom apartment currently on second floor. Detached garage with metal roof, elevator and stairs to bachelor apartment on second floor. Roof shingles 2017. R1 zoning. (id:23309)
- Address: 248 8TH STREET
- Location: HANOVER
- Ownership: FREEHOLD
- MLS: 153873
|Bedroom||Ground level||11' 5'' x 9' 4''|
|Bedroom||Ground level||10' 7'' x 13' 4''|
|Living room||Ground level||17' '' x 28' ''|
|4pc Bathroom||Ground level||15' '' x 8' ''|
|Kitchen||Ground level||11' '' x 11' 6''|
|Foyer||Ground level||8' '' x 12' ''|
|Bedroom||Ground level||13' 6'' x 12' ''|
|Kitchen||Second level||9' 6'' x 8' 4''|
|3pc Bathroom||Second level||8' '' x 9' ''|
|Living room||Second level||11' 3'' x 13' 6''|
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.
The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.
- Hanover Heights Community School
524 13th St, Hanover, ON N4N 1Y4
- Bruce-Grey Catholic District School Board
799 16th Ave, Hanover, ON N4N 3A1
- Dawnview Public School
149 12th Ave, Hanover, ON N4N 2S8
- Hanover Montessori Children's House
477 12th Ave, Hanover, ON N4N 2V1
- Holy Family School
334 10th Ave, Hanover, ON N4N 2N5
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