$450,000

$475,000For salePrice drop↓ $25,000 (5%)

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

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

2 beds1 bath6 parking900 ft²54 × 222 ft (11,983 sq ft) lot sizeListed 73 days ago

Overview

This 2-bedroom, 1-bathroom home in Cramahe is for sale offering roughly 900 sq ft of space. Listed at $450,000, it is attractively priced about 29% below the $630,974 median asking price in Cramahe. It has been on the market 73 days, fresher than the Cramahe average of 106 days.

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Description

Welcome to this solid brick bungalow ideally located close to downtown Colborne, offering comfort, functionality, and exceptional space both inside and out. Set on a large lot, this well cared for home features 2 bedrooms plus a den, making it a great option for retirees, first-time buyers, or those looking to downsize without giving up flexibility.Inside, you'll find a practical layout with plenty of storage throughout and a spacious recreation room that adds valuable extra living space for relaxing, entertaining, or hobbies. Pride of ownership is evident in the home's condition, making it easy to appreciate the care and maintenance it has received over the years.One of the standout features of this property is the impressive 19 x 35 workshop/garage, ideal for hobbyists, tradespeople, extra storage, or anyone needing versatile workspace. The large lot provides additional room to enjoy the outdoors, garden, or simply appreciate the extra privacy and space.Located in a convenient area close to the shops, services, and charm of downtown Colborne, this inviting bungalow offers a wonderful combination of practicality, comfort, and small-town appeal. A great opportunity to enjoy easy living in a well-established neighbourhood. (id:66096)

Property Details

MLS®: X13705390
Property Type: Single Family
Zoning: R1+EC
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 54 × 222 ft (11,983 sq ft)
Frontage: 54 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 3.34 x 4.65 meters
Dining room: 3.3 x 3.06 meters
Living room: 7.14 x 3.57 meters
Primary Bedroom: 3.72 x 3.3 meters
Bedroom 2: 3.7 x 2.54 meters
Bathroom: 2.66 x 1.57 meters

Basement

Recreational, Games room: 3.48 x 10.84 meters
Den: 3.66 x 3.92 meters
Utility room: 3.66 x 4.84 meters
Other: 3.56 x 3.27 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, Freezer
Foundation: Block
Exterior: Brick
Lot Features: Level lot, Backs on greenbelt

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

Cramahe (Colborne) listings, avg age

106d

Price / ft²

$500

List price

$450K

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 2-bed single family in Cramahe (Colborne) has been listed for 73 days, which is 33 days fresher than the city average of 106. Act while there is still low competition.

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Listed by Royal Heritage Realty Ltd. · Al Switzer

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $450,000, about 5.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$450,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$260/mo

Total monthly$2,631

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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