$298,000

$319,000For salePrice drop↓ $21,000 (7%)

12 CHEROKEE Lane, Ashfield-Colborne-Wawanosh (Colborne) - Single Family for Sale

12 CHEROKEE Lane, Ashfield-Colborne-Wawanosh (Colborne), Ontario, N7A3Y2

2 beds2 baths2 parking1,300 ft²Listed 86 days ago

Overview

This 2-bedroom, 2-bathroom home in Ashfield-Colborne-Wawanosh is for sale offering roughly 1,300 sq ft of space. Listed at $298,000, it is attractively priced about 32% below the $439,500 median asking price in Ashfield-Colborne-Wawanosh. It has been on the market 86 days, fresher than the Ashfield-Colborne-Wawanosh average of 111 days.

Houses for Sale in Ashfield-Colborne-Wawanosh →All real estate in Ashfield-Colborne-Wawanosh →

Description

MOTIVATED SELLER!! Modern flare, updates galore, private sandy beach, low maintenance yard & carefree living awaits the new owner! This immaculately maintained, 2 bedroom, 2 bathroom year round home is now for sale at 12 Cherokee Lane in the "land lease" 55+ adult lifestyle "lakefront" community; Meneset on the Lake. The open concept floor plan showcases the living room, kitchen & dining room; a perfect space for entertaining guests. The well appointed living room provides lots of options for furniture placement whether it is reading a book in front of the fireplace or watching your favourite TV show. Your eye will be drawn to the kitchen layout featuring an abundance of cupboard space, countertop area, appliances & a pantry with lots of space to accommodate a dining table & room for a side table along the wall. At the back of the home you will fall in love with the oversized primary bedroom that has ample space for a king size bed & furniture along with a large walk in closet & 3 piece ensuite. Guests will be comfy in the second bedroom or create an additional sitting room/office. This home is heated with a new forced air gas furnace (2025) & cooled with air conditioning (2025). Water heater, water softener and reverse osmosis are all owned. The separate naturally lit laundry room has a side entrance door off the large spanning deck. Updates include new flooring in both bedrooms & bathrooms (2025), new vanities, mirrors, toilets and paint in each bathroom (2025) along with low maintenance flowerbeds. Sit out under the retractable awning on the 12' X 24' deck alongside this lovely home or spend summer days at the "private" beach where you have gated, driveable access, trails nearby, Town of Goderich just over the Maitland River. Meneset on the Lake has an active clubhouse, drive down beach, paved streets, garden plots & outdoor storage. When lifestyle and simplicity are your goals, consider this gorgeous low maintenance home. (id:66096)

Property Details

MLS®: X13659246
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Leasehold
Property Tax: $2,003.04/yr
Listed

Rooms

Main level

Bathroom: 1.46 x 2.65 meters
Bathroom: 2.32 x 1.49 meters
Bedroom: 3.32 x 3.05 meters
Kitchen: 3.32 x 3.05 meters
Laundry room: 2.34 x 2.15 meters
Living room: 3.3 x 6.63 meters
Primary Bedroom: 3.3 x 4.78 meters
Utility room: 0.79 x 0.72 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Foundation: Block
Exterior: Vinyl siding
Lot Features: Lighting, Carpet Free

Services

Water: Community Water System
Sewer: Septic System
Utilities: Sewer, Electricity, Cable, Wireless, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Ashfield-Colborne-Wawanosh (Colborne) listings, avg age

111d

Price / ft²

$229

List price

$298K

Haho

This 2-bed single family in Ashfield-Colborne-Wawanosh (Colborne) has been listed for 86 days, which is 25 days fresher than the city average of 111. Act while there is still low competition.

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Listed by Royal LePage Heartland Realty · SHANA BARNIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7A)

This home lists at $298,000, about 4.0× the local median household income of $74,000.

Carrying it typically needs a household income of about $58,210 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,000
Population: 12,495
Median age: 55.2
Owner / renter: 75% / 25%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N7A)

$298,000· $229/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,900

Min 5%50%

Mortgage payment$1,570/mo

↳ CMHC premium ($11,324 capitalized)

Property tax (est.)$167/mo

Total monthly$1,736

Cash Needed to Close

Down payment (5%)$14,900

Land transfer tax$2,945

Est. closing costs$3,394

Total cash needed$21,239

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