$539,900

$569,000For salePrice drop↓ $29,100 (5%)

38 Burnham Avenue, Cramahe (Colborne) - Single Family for Sale

38 Burnham Avenue, Cramahe (Colborne), Ontario, K0K1S0

3 beds2 baths3 parking1,300 ft²80 × 128 ft (10,298 sq ft) lot sizeListed 21 days ago

Overview

This 3-bedroom, 2-bathroom home in Cramahe is for sale offering roughly 1,300 sq ft of space. Listed at $539,900, it is attractively priced about 14% below the $630,974 median asking price in Cramahe. It has been on the market 21 days, fresher than the Cramahe average of 105 days.

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Description

You'll find yourself gazing out the large front picture window at the northwesterly views of tree-covered hills and glimpses of Lake Ontario in the distance to the south. You'll feel the calm as you enjoy the relaxing views from the front porch or the privacy of your own backyard. Welcome to 38 Burnham Avenue in Colborne, a brick bungalow with freshly painted combined living and dining area with walk-out, efficient eat-in kitchen, 2 bedrooms and a 4pc bath on the main level. Downstairs is a cozy rec-room with gas stove, fresh paint and new carpeting. The additional room on the lower-level offers flexibility for use as an office, bedroom, craft room etc. The attached extra-deep single-car garage enters to the basement, making it a convenient bonus for hobbyists. Enjoy your morning coffee or an afternoon break beneath the gazebo on your east-facing rear deck. Best of all, downtown Colborne is just a short walk away. With its friendly small-town feel, convenient amenities, restaurants and parks, Colborne offers a wonderful community to call home, along with easy access to the surrounding Northumberland countryside and Hwy 401. (id:66096)

Property Details

MLS®: X14031088
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 80 × 128 ft (10,298 sq ft)
Frontage: 80 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Ground level

Living room: 5.63 x 4.08 meters
Dining room: 4.19 x 3.43 meters
Kitchen: 4.11 x 3.62 meters
Primary Bedroom: 4.11 x 3.36 meters
Bedroom 2: 4.09 x 3.36 meters

Basement

Recreational, Games room: 8.26 x 4.09 meters
Other: 4.5 x 4.11 meters
Utility room: 4.52 x 4.11 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, Dishwasher, Stove, Dryer, Microwave, Garburator, Window Coverings, Garage door opener
Flooring: Laminate, Ceramic
Foundation: Block
Exterior: Brick
Lot Features: Gazebo, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Cramahe (Colborne) listings, avg age

105d

Price / ft²

$415

List price

$540K

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 3-bed single family in Cramahe (Colborne) has been listed for 21 days, which is 84 days fresher than the city average of 105. Act while there is still low competition.

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Listed by Royal Service Real Estate Inc. · Cindy Marriott

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $539,900, about 6.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$539,900· $415/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$299/mo

Total monthly$3,132

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$7,273

Est. closing costs$4,120

Total cash needed$40,383

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