$299,000

For sale

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Address not available, Chapleau - Single Family for Sale

Chapleau, Ontario, P0M1K0

5 beds2 baths1,518 ft² lot size

Chapleau, Ontario, P0M1K0

3 bd2 ba1,335 ft²

Listed by Exit Realty True North

For sale

50 days ago

$200K

Chapleau, Ontario, P0M1K0

3 bd1 ba1,750 ft²

Listed by CHAPLEAU REAL ESTATE LIMITED, BROKERAGE

For sale

57 days ago

$250K

Chapleau, Ontario, P0M1K0

3 bd2 ba1,350 ft²

Listed by Exit Realty True North

For sale

58 days ago

$425K

Chapleau, Ontario, P0M1K0

4 bd1 ba1,300 ft²

Listed by CHAPLEAU REAL ESTATE LIMITED, BROKERAGE

Investment analysis

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$299,000

Chapleau

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Description

Welcome to this beautifully renovated 5-bedroom, 2-bathroom home, updated in 2018 with new flooring, a redone kitchen, updated electrical and plumbing, new siding, and a durable metal roof. The spacious main living area offers plenty of room for family gatherings and entertaining. The large yard has a 23.1 x 13.6 garage and is conveniently located close to downtown and parks, this property is ideal for a large family or offers excellent investment and income-generating potential. (id:66096)

Property Details

MLS®: SM262330
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Half Baths: 0
Interior Size: 1,518 ft²
Lot Size: 6,098 sq ft (0.14 ac)
Storeys: 1
Basement: Unfinished, Full
Heating: Baseboard heaters, Electric, Propane
Garage: Garage, Gravel
Property Tax: $2,034.55/yr
Listed: 70 days ago

Rooms

Main level

Living room: 10.7x11.5
Kitchen: 27.1x10.44
Bathroom: 6.15x5.6
Laundry room: 9.3x4.5
Bedroom: 9.5x12
Bedroom: 15.8x11.7
Laundry room: 9.77x12.25

Second level

Bedroom: 10.8x9.46
Bathroom: 5.44x6.34
Bedroom: 19.8x12.17
Bedroom: 19.8x12.1

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

Area context

Neighbourhood profile (P0M)

This home lists at $299,000, about 3.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 49,727
Median age: 46.8
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0M)

$299,000· $197/ft²

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$170/mo

Total monthly$1,744

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Address not available, Chapleau - Single Family for Sale

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