$264,000

For sale

585 CONC 6 & 7 Corners, Cochrane - Single Family for Sale

585 CONC 6 & 7 Corners, Cochrane, Ontario, P0L1C0

2 beds1 bath5 parking1,300 ft²116 × 80 ft (9,234 sq ft) lot sizeListed 90 days ago

Overview

This 2-bedroom, 1-bathroom home in Cochrane is for sale offering roughly 1,300 sq ft of space. Listed at $264,000, it is attractively priced about 34% below the $399,000 median asking price in Cochrane.

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Description

This cozy lake view property sits on 1.8 acres of land. The manufactured home features large open concept living room and kitchen, large entrance with plenty of storage, a 4-piece washroom and 2 generous sized bedrooms. Outdoor features include a deck off the primary bedroom and and two outdoor sheds. Enjoy the covered deck while you take in views of Lillabelle Lake at this affordable country home. This home is perfect for a small family or retired couple and can also be considered as a 4 season getaway/cottage. Recent upgrades include addition, roof, windows, skirting, deck, porch, shed, hot water tank, pellet stove and electric heaters all in 2024 and new water treatment system in 2021. Don't miss this opportunity to make this move in home yours! (id:66096)

Property Details

MLS®: T13644862
Property Type: Single Family
Zoning: Rural with a portion AC (airport commercial)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 116 × 80 ft (9,234 sq ft)
Frontage: 116 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Foyer: 4.54 x 3.43 meters
Living room: 5.23 x 4.56 meters
Kitchen: 4.57 x 4.56 meters
Bathroom: 2.59 x 2.33 meters
Primary Bedroom: 4.56 x 4.46 meters
Bedroom: 4.04 x 2.88 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Water Treatment
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Artesian Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

90d

Cochrane listings, avg age

74d

Price / ft²

$203

List price

$264K

Homes here sell below asking price

Homes in this market sold for an average of 94.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Cochrane 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 REVEL REALTY INC. · Jenna Sigouin

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0L)

This home lists at $264,000, about 3.4× the local median household income of $77,500.

Carrying it typically needs a household income of about $51,568 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 22,859
Median age: 42
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0L)

$264,000· $203/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,200

Min 5%50%

Mortgage payment$1,390/mo

↳ CMHC premium ($10,032 capitalized)

Property tax (est.)$151/mo

Total monthly$1,541

Cash Needed to Close

Down payment (5%)$13,200

Land transfer tax$2,435

Est. closing costs$3,292

Total cash needed$18,927

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