$469,000

For sale

7 Simmons Street, Cramahe (Colborne) - Single Family for Sale

7 Simmons Street, Cramahe (Colborne), Ontario, K0K1S0

3 beds2 baths3 parking1,300 ft²50 × 207 ft (10,350 sq ft) lot sizeListed 35 days ago

Overview

This 3-bedroom, 2-bathroom home in Cramahe is for sale offering roughly 1,300 sq ft of space. Listed at $469,000, it is attractively priced about 26% below the $630,974 median asking price in Cramahe. It has been on the market 35 days, fresher than the Cramahe average of 106 days.

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Description

A Fresh Opportunity in the Heart of Colborne! Just a short stroll from Colborne's charming main street, this character-filled home offers a great combination of location, flexibility and outdoor living. Enjoy the convenience of local shops, restaurants and community amenities just minutes from your door. Inside, high ceilings and large windows create a bright, welcoming feel throughout the main floor. The updated kitchen offers a functional space for every day living and opens directly to the backyard, making it easy to enjoy summer meals and entertaining outdoors. A main-floor bedroom and laundry add everyday convenience, while the generously sized bathrooms provide plenty of comfort and functionality. Outside the beautiful backyard features mature landscaping, a lovely pergola and plenty of room to relax, garden, entertain or enjoy a quiet evening at home. With its walkable location, inviting character and wonderful outdoor space, this home is ready for its next chapter.. (id:66096)

Property Details

MLS®: X13847028
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 50 × 207 ft (10,350 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,194/yr
Listed: 35 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Hood Fan, Window Coverings, Water Heater
Foundation: Stone
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Cramahe (Colborne) listings, avg age

106d

Price / ft²

$361

List price

$469K

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 35 days, which is 71 days fresher than the city average of 106. Act while there is still low competition.

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Listed by Royal Lepage Proalliance Realty · Emily Poulin

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $469,000, about 5.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 10% 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)

$469,000· $361/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Property tax (est.)$183/mo

Total monthly$2,653

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$5,855

Est. closing costs$3,907

Total cash needed$33,212

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