$499,900

For sale

4131 Road 38, Frontenac (Frontenac South) - Single Family for Sale

4131 Road 38, Frontenac (Frontenac South), Ontario, K0H1V0

3 beds1 bath6 parking900 ft²80 × 187 ft (14,960 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 1-bathroom home in Frontenac is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 29% below the $700,000 median asking price in Frontenac. It has been on the market 51 days, fresher than the Frontenac average of 69 days.

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Description

Welcome to 4131 Highway 38! This cozy move-in-ready 3-bedroom, 1-bath bungalow offers comfort and space. The bright eat-in kitchen features sliding doors that open onto a spacious deck-perfect for entertaining or outdoor music concerts. Recent updates include laminate/vinyl flooring, a newer furnace and central air system (October 2022), and the roof was replaced in 2018. Situated on an impressive 80 x 187 ft lot, the property offers ample parking and plenty of outdoor space to enjoy. Inside, the finished basement adds a living area with a cozy recreation room complete with a wood stove, plus a finished kid's area that could be a fourth bedroom. A spacious utility room with a separate walk-up entrance to the driveway side yard provides excellent potential for an in-law suite, with ample space to add a second bathroom. Perfect for a first time home buyer that is looking for country living at an affordable price. (id:66096)

Property Details

MLS®: X13781750
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 80 × 187 ft (14,960 sq ft)
Frontage: 80 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.51 x 5.04 meters
Kitchen: 3.5 x 5.94 meters
Bathroom: 3.5 x 1.5 meters
Primary Bedroom: 3.5 x 3.7 meters
Bedroom: 3.7 x 2.56 meters
Bedroom: 3.7 x 2.55 meters

Lower level

Family room: 5.59 x 6.8 meters
Laundry room: 2.27 x 5.19 meters
Recreational, Games room: 2.18 x 4.2 meters
Other: 4.57 x 4.72 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, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Block
Exterior: Aluminum siding

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Frontenac (Frontenac South) listings, avg age

69d

Price / ft²

$555

List price

$500K

Homes here sell below asking price

Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Frontenac (Frontenac South) has been listed for 51 days, which is 18 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REVEL REALTY INC., BROKERAGE · JEFF EASTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0H)

This home lists at $499,900, about 5.4× the local median household income of $92,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $92,000
Population: 47,286
Median age: 51.2
Owner / renter: 91% / 10%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0H)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$170/mo

Total monthly$2,803

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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