89 TRAFALGAR Road Hillsburgh
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- Listed Since: June 7th 2019
Go back in time with this lovely century gem set back well from the road. This former lawyers office now a family home with in-law suite and home-based business. Lovingly restored with some unique wood features sure to please. A newer detached workshop with in-floor heating and two storage sheds are just extras. Start your home-based business right in the Village of Hillsburgh or convert back to the lovely four bedroom plus home it once was very easily. Property Zoned Commercial C1; Lots Of Opportunity For Different Uses (id:23309)
- Address: 89 TRAFALGAR ROAD
- Location: ERIN
- Ownership: FREEHOLD
- MLS: 30739778
|Other||Ground level||5m x 3.65m|
|Living room||Ground level||4.97m x 3.67m|
|Kitchen||Ground level||4.55m x 2.99m|
|3pc Bathroom||Ground level|
|Bedroom||Ground level||3.42m x 3.11m|
|Office||Ground level||4.36m x 2.88m|
|Sitting room||Ground level||2.91m x 1.71m|
|Bedroom||Second level||4.89m x 3.4m|
|Bedroom||Second level||4.96m x 3.43m|
|4pc Bathroom||Second level|
|Bedroom||Second level||3.61m x 3.47m|
|Bedroom||Second level||4.15m x 3.51m|
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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