$269,900

For sale

273 DERLAND Road, East Ferris - Single Family for Sale

273 DERLAND Road, East Ferris, Ontario, P0H1H0

3 beds1 bath7 parking900 ft²209 × 313 ft (1.49 acres) lot sizeListed 86 days ago

Overview

This 3-bedroom, 1-bathroom home in East Ferris is for sale offering roughly 900 sq ft of space. It has been on the market 86 days, fresher than the East Ferris average of 95 days.

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Description

Welcome to 273 Derland Road, a country property full of memories and endless potential. Situated on over an acre of land, this 3-bedroom bungalow offers the perfect opportunity for buyers looking to create their dream home in a peaceful rural setting. The main level features a spacious kitchen with a bright eat-in area, a comfortable living room with a large picture window that fills the space with natural light, three bedrooms, and a 4-piece bathroom. Enjoy your morning coffee or unwind in the evening on either the front or back deck while taking in the surrounding property. Additional features include an attached garage, interlock driveway, attached storage shed, and a full unfinished basement offering plenty of storage space and future possibilities. This home is being sold in "as is" condition and will require significant updates and repairs, making it an ideal project for renovators, investors, or buyers eager to add their own vision and personal touches. With some TLC, this property presents an incredible opportunity to restore and transform a home that has been cherished for many years. (id:66096)

Property Details

MLS®: X13661244
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 900 ft²
Lot Size: 209 × 313 ft (1.49 acres)
Frontage: 209 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Oil, Wood
Cooling: None
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,423.56/yr
Listed

Rooms

Main level

Living room: 5.18 x 3.38 meters
Kitchen: 5.82 x 3.06 meters
Primary Bedroom: 3.06 x 3.05 meters
Bedroom: 2.46 x 3.04 meters
Bedroom 2: 2.47 x 2.76 meters
Bathroom

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Block
Exterior: Vinyl siding, Brick Veneer
Lot Features: Wooded area, Level, Sump Pump

Services

Water: Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

East Ferris listings, avg age

95d

Price / ft²

$300

List price

$270K

Homes here sell faster than most markets

Sold homes in this market spent an average of 37 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in East Ferris has been listed for 86 days, which is 9 days fresher than the city average of 95. Act while there is still low competition.

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Listed by Royal LePage Northern Life Realty, Brokerage · KATHERINE THOMPSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $269,900, about 3.4× the local median household income of $80,000.

Carrying it typically needs a household income of about $52,721 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$269,900· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,495

Min 5%50%

Mortgage payment$1,422/mo

↳ CMHC premium ($10,256 capitalized)

Property tax (est.)$202/mo

Total monthly$1,624

Cash Needed to Close

Down payment (5%)$13,495

Land transfer tax$2,524

Est. closing costs$3,310

Total cash needed$19,329

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