2311 HIGHWAY 56, Binbrook, Ontario, L0R1C0




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$2,499,000
Binbrook
This 4-bedroom, 2-bathroom home in Binbrook is for sale offering roughly 1,536 sq ft of space.
Irregular rural property with approximately 270 ft frontage on Regional Road 56, improved with a 1,536-sq.-ft. bungalow,___also, there is 30’ x 60’ (1,800-sq.-ft.) detached brick Workshop/Garage with 14-ft ceiling and oversized overhead door,___Additional Barn/ Accessory Storage Structures,___fenced paddock/pasture areas,___substantial open field/yard area, large, gravelled area and two existing Highway 56 driveways.___Property is presently serviced by private well and septic. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 51 days across the listings currently for sale in this city
This 4-bed single family in Binbrook has been listed for 51 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $2,499,000, about 22.7× the local median household income of $110,000.
Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 344% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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