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$449,900

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112 8th Street South, Arran-Elderslie - Single Family for Sale

112 8th Street South, Arran-Elderslie, Ontario, N0G1L0

3 beds2 baths4 parking1,300 ft²69 × 115 ft (7,956 sq ft) lot sizeListed 19 days ago

Overview

This 3-bedroom, 2-bathroom home in Arran-Elderslie is for sale offering roughly 1,300 sq ft of space. Listed at $449,900, it is attractively priced about 10% below the $499,000 median asking price in Arran-Elderslie. It has been on the market 19 days, fresher than the Arran-Elderslie average of 94 days.

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Description

The perfect location for a home does exist! This brick bungalow is ideally situated in a family friendly neighbourhood with mature trees, the public school, park and community center just a short walk away. A paved lane leads to a large covered carport, great to provide cover on rainy days. The fenced in rear yard provides a great spot for kids and pets. Once inside, the oversized windows facing south, provide an abundance of light into the living room, and flows into the open concept kitchen/dining. 3 good sized bedrooms and a recently updated 4pc bathroom round out the easy living main floor. On the lower level, you will find a large rec room and another 3 pc bath. Plenty of storage in the basement as well for seasonal items. Cozy, bright with plenty of updates, this bungalow is ready for a family looking to grow into to call it home. (id:66096)

Property Details

MLS®: X14087068
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 69 × 115 ft (7,956 sq ft)
Frontage: 69 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $3,100/yr

Rooms

Main level

Primary Bedroom: 3.2 x 4.03 meters
Living room: 5.9 x 4.06 meters
Kitchen: 3.21 x 3.35 meters
Dining room: 3.21 x 2.53 meters
Bedroom 2: 3.04 x 4.1 meters
Bedroom 3: 2.74 x 3.4 meters
Bathroom: 2.74 x 2.17 meters

Lower level

Workshop: 7.11 x 14.16 meters
Bathroom: 1.57 x 2.79 meters
Recreational, Games room: 4.17 x 10.53 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Flat site, Lane

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Arran-Elderslie listings, avg age

94d

Price / ft²

$346

List price

$450K

Haho

This 3-bed single family in Arran-Elderslie has been listed for 19 days, which is 75 days fresher than the city average of 94. Act while there is still low competition.

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Listed by RE/MAX Grey Bruce Realty Inc. · DAVE TEDFORD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $449,900, about 5.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$449,900· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$258/mo

Total monthly$2,628

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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Open house

112 8th Street South, Arran-Elderslie - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N0G)

Book a showing

Full Cost Breakdown