For saleJust listed

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$400K

Chelmsford, Ontario, p0m1l0

3 bd2 ba350 ft²

Listed by EXP REALTY, BROKERAGE (MAIN)

For saleJust listed

2 days ago

$550K

Chelmsford, Ontario, P0M1L0

3 bd2 ba900 ft²

Listed by RE/MAX CROWN REALTY INC. (SUDBURY)

For sale

7 days ago

$300K

Chelmsford, Ontario, P0M1L0

4 bd2 ba900 ft²

Listed by RE/MAX CROWN REALTY INC. (SUDBURY)

For sale

7 days ago

$539K

Chelmsford, Ontario, P0M1L0

4 bd2 ba1,300 ft²

Listed by YOUR MOVE REALTY INC., BROKERAGE

Investment analysis

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$379,900

Chelmsford

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$379,900

For sale

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Address not available, Chelmsford - Single Family for Sale

Chelmsford, Ontario, P0M1L0

4 beds2 baths900 ft²Listed 141 days ago

Overview

This 4-bedroom, 2-bathroom home in Chelmsford is for sale offering roughly 900 sq ft of space. Listed at $379,900, it is attractively priced about 28% below the $529,900 median asking price in Chelmsford.

Houses for Sale in Chelmsford →All real estate in Chelmsford →

Description

Great investment opportunity in Chelmsford with a rare C3 zoning allowing many redevelopment opportunities! This well-maintained LEGAL duplex on a huge lot with 75 feet of frontage features two spacious 2-bedroom units, making it an excellent option for investors or owner-occupiers looking to live in one unit and rent the other. The property offers a practical layout, low-maintenance exterior, and good curb appeal with vinyl siding, a tidy entrance, and on-site parking. Each unit provides comfortable living space with functional bedrooms, making it attractive for tenants and easy to manage. The property also includes outdoor space and a fenced area, adding extra convenience and usability. Located in a convenient Chelmsford location, this duplex is close to everyday amenities and offers strong rental potential. A solid opportunity to start or grow your real estate portfolio! (id:66096)

Property Details

MLS®: 2128582
Property Type: Single Family
Zoning: C6
Bedrooms: 4
Bathrooms: 2
Interior Size: 900 ft²
Frontage: 75 ft
Style: Bungalow
Basement: Full
Heating: Forced air
Ownership: Freehold
Listed: 141 days ago

Rooms

Main level

Living room: 13' x 11'

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

Features

Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

141d

Chelmsford listings, avg age

125d

Price / ft²

$422

List price

$380K

Haho

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Listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE · LUC BOCK

Location

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Area context

Neighbourhood profile (P0M)

This home lists at $379,900, about 4.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $74,208 (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)

$379,900· $422/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,995

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,436 capitalized)

Est. property tax$317/mo

Total monthly$2,318

Cash Needed to Close

Down payment (5%)$18,995

Land transfer tax$4,174

Est. closing costs$3,640

Total cash needed$26,809

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