$195,000

For sale

9 Charles Street, Emo, Ontario, P0W1E0

2 bd3 ba4 pk1,300 ft²Lot size 137 × 104 ft (14,331 sq ft)

Listed by REMAX First Choice Realty Ltd.

For sale

55 days ago

$365K

44 Tyrell Street, Emo, Ontario, P0W1E0

4 bd2 ba4 pk1,300 ft²Lot size 75 × 150 ft (11,250 sq ft)

Listed by REMAX NorthWest Realty Ltd.

Investment analysis

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$195,000

Emo

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Overview

This 2-bedroom, 1-bathroom home in Emo is for sale offering roughly 900 sq ft of space. Listed at $195,000, it is attractively priced about 35% below the $299,900 median asking price in Emo. It has been on the market 120 days, fresher than the Emo average of 156 days.

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Description

New Listing. Welcome to this well-maintained 2016 modular home offering comfortable, low-maintenance living in a convenient location. Just under 1,000 sq. ft., this bright and functional home features 2 bedrooms, 1 full bathroom, and a thoughtfully designed open-concept layout that maximizes space and comfort. The home comes complete with all appliances, including a fridge, stove, built-in dishwasher, built-in microwave, washer and dryer, making it truly move-in ready. Step outside to enjoy the small deck and mature trees that provide welcome shade and privacy. Ideally located close to shopping, schools, parks, and other amenities, this property is an excellent opportunity for first-time home buyers, those looking to downsize, or investors seeking a great income property. Affordable, practical, and ready for its next owner! Property benefits from an established non-conforming use. Municipal documentation is available. (id:66096)

Property Details

MLS®: X13533250
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Interior Size: 900 ft²
Lot Size: 50 × 158 ft (7,885 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space, Other, See Remarks, N/A
Heating: Forced air, Electric
Garage: No Garage
Property Tax: $2,200/yr
Listed: 120 days ago

Rooms

Main level

Living room: 4.38 x 5.51 meters
Primary Bedroom: 3.5 x 3.93 meters
Kitchen: 3.16 x 4.38 meters
Bedroom 2: 2.16 x 3.56 meters
Bathroom

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, Window Coverings
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Cable, Telephone, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

120d

Emo listings, avg age

156d

Price / ft²

$217

List price

$195K

Homes here sell slower than most markets

Sold homes in this market spent an average of 76 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0W)

This home lists at $195,000, about 2.5× the local median household income of $76,500.

Carrying it typically needs a household income of about $38,090 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,500
Population: 6,454
Median age: 42.8
Owner / renter: 85% / 15%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0W)

$195,000· $217/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,750

Min 5%50%

Mortgage payment$1,027/mo

↳ CMHC premium ($7,410 capitalized)

Property tax (est.)$183/mo

Total monthly$1,210

Cash Needed to Close

Down payment (5%)$9,750

Land transfer tax$1,675

Est. closing costs$3,085

Total cash needed$14,510

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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75 Coral Street, Emo - Single Family for Sale

Description

Property Details

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Features

Services

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Location

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Neighbourhood profile (P0W)

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