$344,000

$359,000For salePrice drop↓ $15,000 (4%)

574 Lynwood Drive, Cornwall - Single Family for Sale

574 Lynwood Drive, Cornwall, Ontario, K6H5X5

4 beds2 baths4 parking900 ft²32 × 124 ft (4,002 sq ft) lot sizeListed 68 days ago

Overview

This 4-bedroom, 2-bathroom home in Cornwall is for sale offering roughly 900 sq ft of space. Listed at $344,000, it is attractively priced about 20% below the $430,000 median asking price in Cornwall. It has been on the market 68 days, fresher than the Cornwall average of 79 days.

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Description

Welcome to this well-maintained semi-detached home, built in 1983 and situated in a desirable, family-friendly neighbourhood close to schools, the hospital, public transit, shopping and everyday amenities.The versatile layout offers two bedrooms and a full bathroom on each level, along with a comfortable living room both upstairs and downstairs-providing excellent space for a growing family, overnigh guests, teenagers or a home office. With four bedrooms, two full bathrooms and two separate living areas, this home offers plenty of room to adapt to your lifestyle.Although heated with electric baseboards, the approximate annual heating cost is under $950/year, making this property an appealing and budget-conscious choice.Whether you are a first-time homebuyer looking for space to grow or someone ready to downsize without sacrificing comfort, this welcoming home offers excellent value in a convenient location. A wonderful opportunity to make homeownership a reality! Call today for your private viewing (id:66096)

Property Details

MLS®: X13724462
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 32 × 124 ft (4,002 sq ft)
Frontage: 32 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $2,712/yr
Listed

Features

Foundation: Concrete, Poured Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

68d

Cornwall listings, avg age

79d

Price / ft²

$382

List price

$344K

Haho

This 4-bed single family in Cornwall has been listed for 68 days, which is 11 days fresher than the city average of 79. Act while there is still low competition.

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Listed by RE/MAX AFFILIATES MARQUIS LTD. · JOEL DUVAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K6H)

This home lists at $344,000, about 5.6× the local median household income of $61,200.

Carrying it typically needs a household income of about $67,195 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $61,200
Population: 30,440
Median age: 46
Owner / renter: 55% / 45%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K6H)

$344,000· $382/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,200

Min 5%50%

Mortgage payment$1,812/mo

↳ CMHC premium ($13,072 capitalized)

Property tax (est.)$226/mo

Total monthly$2,038

Cash Needed to Close

Down payment (5%)$17,200

Land transfer tax$3,635

Est. closing costs$3,532

Total cash needed$24,367

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