$425,000

For sale

1060 Lees Road, Highlands East (Monmouth) - Single Family for Sale

1060 Lees Road, Highlands East (Monmouth), Ontario, K0L2Y0

3 beds1 bath3 parking1,300 ft²267 × 236 ft (1.44 acres) lot sizeListed 19 days ago

Overview

This 3-bedroom, 1-bathroom home in Highlands East is for sale offering roughly 1,300 sq ft of space. Listed at $425,000, it is attractively priced about 12% below the $484,900 median asking price in Highlands East. It has been on the market 19 days, fresher than the Highlands East average of 124 days.

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Description

Do you love fresh air, country living, and getting back to your roots? Imagine gathering eggs from the coop and veggies from the garden, while the kids laugh and chase Rufus around the yard! Set on 1.4 acres in Tory Hill, with an open yard framed by trees for privacy and year-round municipal road access, this 3-bedroom bungalow offers plenty of potential to make it your own. Inside, the country eat-in kitchen is where the kiddos tackle their homework at the table while dinner is cooking, and everyone gathers to share the best part of their day. The cozy living room features a woodstove, a large picture window, and a walkout to the front deck-just right for enjoying your morning coffee. Downstairs, the walkout lower level offers an office area, laundry, abundant storage, and a large space ideal for a future rec room. Outside, spend your evenings gathered around the the backyard firepit under the stars, with a storage shed for all your gear. And when winter arrives, watch that sloping front lawn transform into a fabulous toboggan hill for kiddos and parents alike-get those GT's ready for afternoons of laughter, rosy cheeks, and hot chocolate! (id:66096)

Property Details

MLS®: X14088140
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 267 × 236 ft (1.44 acres)
Frontage: 267 ft
Storeys: 1
Style: Raised bungalow
Basement: Partially finished, Walk out, N/A, N/A
Heating: Forced air, Oil, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.7 x 4.4 meters
Kitchen: 2.8 x 3.9 meters
Dining room: 2.7 x 3.9 meters
Primary Bedroom: 3.3 x 3.9 meters
Bedroom 2: 2.7 x 3.2 meters
Bedroom 3: 2.6 x 3.2 meters
Bathroom: 2.6 x 3.9 meters
Other: 4.7 x 3 meters

Basement

Utility room: 5.6 x 8.3 meters
Recreational, Games room: 9.5 x 8.3 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Foundation: Block
Exterior: Wood
Lot Features: Wooded area, Sloping, Partially cleared, Open space

Services

Sewer: Septic System
Utilities: Electricity, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Highlands East (Monmouth) listings, avg age

124d

Price / ft²

$327

List price

$425K

Homes here sell below asking price

Homes in this market sold for an average of 94.3 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 Highlands East (Monmouth) has been listed for 19 days, which is 105 days fresher than the city average of 124. Act while there is still low competition.

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Listed by Century 21 Granite Realty Group Inc. · KAREN NIMIGON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $425,000, about 5.4× the local median household income of $79,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$425,000· $327/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$133/mo

Total monthly$2,372

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$30,000

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