$549,999

For sale

14 Elgin Street South, Cramahe (Colborne) - Single Family for Sale

14 Elgin Street South, Cramahe (Colborne), Ontario, K0K1S0

5 beds2 baths4 parking1,300 ft²120 × 65 ft (7,800 sq ft) lot sizeListed 69 days ago

Overview

This 5-bedroom, 2-bathroom home in Cramahe is for sale offering roughly 1,300 sq ft of space. Listed at $549,999, it is attractively priced about 13% below the $630,974 median asking price in Cramahe. It has been on the market 69 days, fresher than the Cramahe average of 105 days.

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

Description

Welcome to 14 Elgin St S, a spacious 3+2 bedroom, 2-bathroom bungalow offering the perfect blend of comfort, and convenience. Nestled on a generous corner lot, this home places you just moments away from downtown Colborne and within easy walking distance of Colborne Public School. The bright main floor features a comfortable living room, a spacious eat-in kitchen designed for family meals, three well-sized bedrooms, and a full 4-piece bathroom. The fully finished basement significantly expands your living space, boasting an expansive family room, two additional versatile bedrooms, a dedicated laundry area, and a convenient 2-piece bathroom. Complete with a 1-car attached garage and fantastic curb appeal, The fence along back of the property has recently been updated, this is an ideal opportunity for families, first-time buyers, or down-sizers looking for a highly walkable, family-friendly location! (id:66096)

Property Details

MLS®: X13719908
Property Type: Single Family
Zoning: R1
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 120 × 65 ft (7,800 sq ft)
Frontage: 120 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

69d

Cramahe (Colborne) listings, avg age

105d

Price / ft²

$423

List price

$550K

Homes here sell slower than most markets

Sold homes in this market spent an average of 89 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Cramahe (Colborne) has been listed for 69 days, which is 36 days fresher than the city average of 105. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX Rouge River Realty Ltd. · Teresa Loader

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $549,999, about 6.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$549,999· $423/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.45% · $29,999.90

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$283/mo

Total monthly$3,166

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator