$524,888

$549,777For salePrice drop↓ $24,889 (5%)

#7 34 SOUTHBROOK Drive, Binbrook - Single Family for Sale

#7 34 SOUTHBROOK Drive, Binbrook, Ontario, L0R2C0

1 bed2 baths2 parking1,412 ft²$475/mo condo feeListed 30 days ago

Overview

This 1-bedroom, 2-bathroom condo in Binbrook is for sale offering roughly 1,412 sq ft of space. Listed at $524,888, it is attractively priced about 19% below the $650,000 median asking price in Binbrook. It has been on the market 30 days, fresher than the Binbrook average of 51 days.

Condos for Sale in Binbrook →All real estate in Binbrook →

Description

Discover easy, low-maintenance living in this beautifully maintained bungalow-style townhouse, ideally situated within a well-kept condominium community. Designed for comfortable single-level living, the home features a functional kitchen with a convenient peninsula, inviting living spaces, an attached garage, and a welcoming front porch. Enjoy the added peace of mind of a furnace updated in 2023, along with the convenience of condo living where exterior maintenance is taken care of for you. Grass cutting, landscaping, driveway snow removal, and snow clearing from the front steps are all handled, allowing you to spend more time enjoying life and less time worrying about upkeep. This is an excellent option for retirees, downsizers, or frequent travellers looking for a lock-and-leave lifestyle with minimal maintenance responsibilities. Simply move in, enjoy your home, and let the condo corporation take care of the exterior work. (id:66096)

Property Details

MLS®: 40868828
Property Type: Single Family
Zoning: RM3-157(A)
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,412 ft²
Year Built: 2001
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Condo Fee: $475/mo
Fee Includes

Rooms

Basement

Recreation room: 21'3'' x 17'8''

Main level

Laundry room
4pc Ensuite bath
Primary Bedroom: 19'5'' x 13'4''
2pc Bathroom
Dining room: 10'0'' x 17'9''
Living room: 11'1'' x 14'8''
Dinette: 8'4'' x 9'1''
Kitchen: 11'6'' x 11'3''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Binbrook listings, avg age

51d

Price / ft²

$372

List price

$525K

Haho

This 1-bed single family in Binbrook has been listed for 30 days, which is 21 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Matthew Adeh

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0R)

This home lists at $524,888, about 4.8× the local median household income of $110,000.

Carrying it typically needs a household income of about $102,529 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$524,888· $372/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,488.80

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,896 capitalized)

Property tax (est.)$324/mo

Condo fee$475/mo

Total monthly$3,557

Cash Needed to Close

Down payment (5.24%)$27,489

Land transfer tax$6,973

Est. closing costs$4,075

Total cash needed$38,537

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