$649,900

$699,900For salePrice drop↓ $50,000 (7%)

5 MURPHY Lane, Binbrook - Single Family for Sale

5 MURPHY Lane, Binbrook, Ontario, L0R1C0

1 bed3 baths2 parking1,848 ft²$331/mo condo feeListed 56 days ago

Overview

This 1-bedroom, 3-bathroom condo in Binbrook is for sale offering roughly 1,848 sq ft of space. Its $649,900 asking price sits right in line with the $650,000 median in Binbrook.

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Description

Welcome home to this beautifully updated bungalow nestled in a tranquil corner of Binbrook – a vibrant community celebrated for its relaxed, adult-oriented lifestyle. Step into the modernized kitchen, featuring sleek quartz countertops and stainless-steel appliances, perfect for the culinary enthusiast. Natural light floods the space, accentuating the rich dark hardwood floors that create a warm, inviting atmosphere for gathering with friends and family. The spacious primary bedroom boasts two closets and a luxurious ensuite, providing a serene retreat. Downstairs, the finished basement is designed for enjoyable living, complete with a cozy family room, a convenient 3-piece bathroom, guest accommodations, and ample storage. It’s the perfect spot to unwind with a glass of wine after a long day. Outside, tranquility reigns – the covered front porch invites relaxation, while the lush private terrace and sun-drenched back deck offer peaceful outdoor spaces that embrace Binbrook’s low-maintenance, community-oriented lifestyle. Explore the charm of Binbrook and discover its commitment to community and the environment! (id:66096)

Property Details

MLS®: 40861948
Property Type: Single Family
Zoning: RM3-231
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,848 ft²
Year Built: 2013
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Condo Fee: $331/mo
Ownership

Rooms

Basement

4pc Bathroom
Den: 7'11'' x 14'1''
Recreation room: 25'1'' x 14'11''

Main level

2pc Bathroom
4pc Ensuite bath
Primary Bedroom: 10'8'' x 14'1''
Living room: 19'7'' x 15'1''
Kitchen: 11'9'' x 9'6''
Dining room: 9'8'' x 9'6''

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

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Hood Fan
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Binbrook listings, avg age

51d

Price / ft²

$352

List price

$650K

Haho

This 1-bed single family in Binbrook is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX Escarpment Frank Realty · Rod Frank

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0R)

This home lists at $649,900, about 5.9× the local median household income of $110,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income: $110,000
Population: 83,602
Median age: 40.8
Owner / renter: 88% / 12%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0R)

$649,900· $352/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$323/mo

Condo fee$331/mo

Total monthly$4,036

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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