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$399,900
Burk's Falls
152 Main Street, Burk's Falls, Ontario, P0A1C0
This 4-bedroom, 2-bathroom home in Burk's Falls is for sale offering roughly 1,300 sq ft of space. Listed at $399,900, it is attractively priced about 20% below the $499,900 median asking price in Burk's Falls. It has been on the market 25 days, fresher than the Burk's Falls average of 56 days.
Settled at the top of the hill on Main Street, this home has something that's hard to find in town - real privacy. The neighbours are below you, the fenced yard is out of sight, and established perennial gardens make it feel like you have more space than you'd expect. It's a great setup for kids and dogs, with a covered back porch that looks out over all of it. Inside, the main floor flows well for a family. The kitchen has been updated with new built-in cabinetry in the dining room, a handmade island, and all appliances are included. The solid construction keeps the home cool in summer even without air conditioning, though a heat pump installed in 2023 is there when you want it - still under warranty, along with the natural gas furnace. The roof was replaced in 2022. Upstairs are three bedrooms and an updated bathroom. The lower level has a fourth bedroom with its own entrance from the backyard, a two-piece bathroom, and laundry and storage - a setup that works well as a guest suite, a teenager's space, or a home office. An extra-large single car garage and paved driveway round things out. Fibre optic internet is already run to the house, and with natural gas, municipal water, and sewers, this is a low-cost home to heat and run year round. Two blocks to the school, one block to the library and the Family Health Team, and an easy walk to the arena, the Heritage River Walk, and just about everything else Burk's Falls has to offer. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 25 days on market, against an average age of 56 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 74 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Burk's Falls has been listed for 25 days, which is 31 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 5.9× the local median household income of $68,000.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.