513 LAKE ROSALIND ROAD 5 Hanover
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- Listed Since: March 23rd 2020
Looking for a tranquil place to relax and enjoy the peaceful sounds of nature? Consider this property. Three bedrooms, remodelled bath, newer laminate flooring and paint throughout. Open concept living room/kitchen with pine ceiling, natural gas fireplace and large picture windows that offer a fabulous view of the lake. Vinyl windows, steel roof (2015), 14'x20' pressure treated deck and metal gazebo with screen (2019). 110' of water frontage with solid concrete and aluminum clad breakwall. Good size dock, large lot with plenty of parking spaces. Natural gas BBQ T. Great for a family cottage or rental. (id:23309)
- Address: 513 LAKE ROSALIND ROAD 5
- Location: BROCKTON
- Ownership: FREEHOLD
- MLS: 252416
|Bedroom||Ground level||6' 3'' x 7' 7''|
|Living room||Ground level||18' 8'' x 17' 4''|
|Bedroom||Ground level||6' 3'' x 9' 3''|
|Master bedroom||Ground level||9' 10'' x 9' 1''|
|4pc Bathroom||Ground level||9' 9'' x 6' 1''|
|Sunroom||Ground level||15' 5'' x 7' 1''|
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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