604 8TH Avenue Hanover
$379,900
ATTENTION INVESTORS OR FIRST TIME BUYERS! Duplex with upper unit vacant allows you to set your own rental fee! Here's your chance to live in the top unit while collecting rent from main floor unit to off-set your mortgage! Main floor unit has an eat-in kitchen, 2 bedrooms, full bath, laundry facilities and access to rear deck as well as the basement. Tenant pays $1200/mo. + utilities (F/A gas heat). Upstairs one bedroom unit is compact but cozy and manageable for someone on the go! Provides open concept kitchen/living area, one bedroom, full bath and use of enclosed sun porch. Situated on a deep, private lot. Separate entrances and parking for both units. Could easily be converted back to single family home. Seller pays approx. $189 every 3 mos. for water/sewer, $167/mo. insurance and $2030/yr. 2022 for property taxes. Visit https://hanover.ca/ for more info about the Town of Hanover! (id:25417)
- 3 Bedrooms
- 2 Bathrooms
- 1,506 Square Feet
- $1,827 / month (estimated mortgage)
- Listing ID: 40285067
- Listed On: JANUARY 24TH 2023
- Address: 604 8TH AVENUE
- Location: HANOVER
- Postal Code: N4N 2L3
Get Directions
Get to know this Neighbourhood
NORTH ON 8TH AVE., HANOVER
| Rooms | Levels | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | 5'5'' x 7'5'' |
| Living room | Second level | 10'0'' x 11'0'' |
| Kitchen | Second level | 8'3'' x 7'5'' |
| Bedroom | Second level | 14'5'' x 8'10'' |
| Other | Main level | 9'' x 9'6'' |
| Porch | Main level | 16'0'' x 6'2'' |
| Bedroom | Main level | 7'8'' x 11'0'' |
| Bedroom | Main level | 11'0'' x 12'5'' |
| Living room | Main level | 18'0'' x 11'5'' |
| 4pc Bathroom | Main level | 11'3'' x 5'0'' |
| Laundry room | Main level | 11'8'' x 7'3'' |
| Kitchen | Main level | 12'8'' x 12'6'' |
Listing provided by EXP REALTY, Brokerage (WAL). MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Monthly Mortgage Payments
Thinking about purchasing 604 8TH Avenue -- lets calculate some payment options and see if owning 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.
-
Have you been pre-approved? Learn more about getting pre-approved before putting in an offer to purchase this home.
Get to know this Neighbourhood
Would you like to get to know this neighbourhood before you buy? Use the map below and explore what this area has to offer.
For more information or to schedule a viewing email contact one of our agents today!
All fields marked with a red asterisk * are required.
RCR Realty Brokerage Independently Owned and Operated
Please Note: The information you supply when contacting an agent will be kept confidential.
