262423 CONCESSION 18 Hanover
Up to 47 photos available.
- Listed Since: September 10th 2019
Looking for a well maintained 5 bedroom 1890's farm house - This brick 2 storey home sits in a private location at the back of a 16 acre lot and overlooks a wooded area with springs and potential pond area. The Yellow brick home is set among mature trees and terraced yard. Great setting for hobby farm or just plain relaxation or get away. (id:23309)
- Address: 262423 CONCESSION 18
- Location: NORMANBY TWP
- Ownership: FREEHOLD
- MLS: 220820
|Kitchen||Ground level||16' x 16' 6''|
|Dining room||Ground level||11' 6'' x 22'|
|Living room||Ground level||11' 4'' x 22'|
|Laundry room||Ground level||4' 4'' x 6' 6''|
|Foyer||Ground level||6' x 6'|
|Bedroom||Second level||12' 10'' x 9' 10''|
|Bedroom||Second level||11' 4'' x 10'|
|Bedroom||Second level||11' 4'' x 11' 10''|
|Bedroom||Second level||11' x 10'|
|Bedroom||Second level||11' x 9' 6''|
|4pc Bathroom||Second level||9' x 13'|
Monthly Mortgage Payments
Thinking about buying 262423 CONCESSION 18 -- lets calculate some payment options and see if purchasing this home can become a reality.
- 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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