$450,000

For saleJust listed

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317 County Road 16 Road, Elizabethtown-Kitley - Single Family for Sale

317 County Road 16 Road, Elizabethtown-Kitley, Ontario, K0G1G0

5 beds2 baths parking

11508 Rocksprings Road, Elizabethtown-Kitley, Ontario, K0G1R0

3 bd1 ba6 pk900 ft²Lot size 210 × 210 ft (1.01 acres)

Listed by RE/MAX AFFILIATES MARQUIS

5898 County Rd 6 Road, Elizabethtown-Kitley, Ontario, K6V5T5

For saleJust listed

2 days ago

$550K

5898 County Rd 6 Road, Elizabethtown-Kitley, Ontario, K6V5T5

3 bd2 ba4 pk1,750 ft²Lot size 135 × 161 ft (21,776 sq ft)

Listed by ROYAL LEPAGE PROALLIANCE REALTY

11422 7th Line Road, Elizabethtown-Kitley, Ontario, K0G1R0

For saleJust listed

3 days ago

$439K

11422 7th Line Road, Elizabethtown-Kitley, Ontario, K0G1R0

5 bd2 ba10 pk2,250 ft²

Listed by RE/MAX AFFILIATES MARQUIS

571 Kinch Street, Elizabethtown-Kitley, Ontario, K0G1G0

For saleJust listed

4 days ago

$720K

571 Kinch Street, Elizabethtown-Kitley, Ontario, K0G1G0

3 bd2 ba8 pk1,750 ft²Lot size 200 × 749 ft (3.43 acres)

Listed by RE/MAX HALLMARK REALTY GROUP

Investment analysis

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$450,000

Elizabethtown-Kitley

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Overview

This 5-bedroom, 2-bathroom home in Elizabethtown-Kitley is for sale offering roughly 1,750 sq ft of space. Listed at $450,000, it is attractively priced about 18% below the $549,777 median asking price in Elizabethtown-Kitley. It has been on the market 6 days, fresher than the Elizabethtown-Kitley average of 89 days.

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Description

Multi family home. Bungalow with 3 beds up and one down in main home. 2022 One bedroom home on the side with pass through hallway between them. Main kitchen opens up to 3 season room on south facing backyard. Many components and infrastructure of this home have been upgraded. Has central air and 4 year old furnace and septic. Attic has one foot of insulation so the monthly cost are economically attractive. (id:66096)

Property Details

MLS®: X14133702
Property Type: Single Family
Zoning: Residential
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 123 × 246 ft (30,258 sq ft)
Frontage: 123 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Partially finished, N/A, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,681/yr
Listed: 6 days ago

Rooms

Main level

Bathroom: 3.45 x 2.59 meters
Living room: 4.2 x 5 meters
Primary Bedroom: 4.03 x 3.61 meters
Sunroom: 3.01 x 3.57 meters
Bedroom: 2.97 x 1.71 meters
Bedroom: 2.95 x 3.03 meters
Bedroom: 4.21 x 3.02 meters
Bedroom: 4.21 x 3.02 meters
Dining room: 3.96 x 2.65 meters
Family room: 4.12 x 5.22 meters
Foyer: 4.07 x 1.58 meters
Kitchen: 3.97 x 3.22 meters
Kitchen: 4.4 x 3.54 meters

Basement

Bedroom: 3.87 x 5.75 meters
Recreational, Games room: 7.91 x 5.69 meters
Other: 4.51 x 7.05 meters

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

Area context

Neighbourhood profile (K0G)

This home lists at $450,000, about 4.8× the local median household income of $94,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$450,000· $257/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.)$223/mo

Total monthly$2,594

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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317 County Road 16 Road, Elizabethtown-Kitley - Single Family for Sale

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Description

Property Details

Rooms

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Neighbourhood profile (K0G)

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