$269,900

For sale

2584 Contau Lake Road, Highlands East (Glamorgan) - Single Family for Sale

2584 Contau Lake Road, Highlands East (Glamorgan), Ontario, K0M1R0

3 beds1 bath4 parking900 ft²179 × 426 ft (1.75 acres) lot sizeListed 70 days ago

Overview

This 3-bedroom, 1-bathroom home in Highlands East is for sale offering roughly 900 sq ft of space. It has been on the market 70 days, fresher than the Highlands East average of 104 days.

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Description

A great opportunity for first-time buyers, retirees, or anyone looking for a private property with room to grow. Set on just under 2 acres, this 2+1 bedroom bungalow offers a peaceful setting with plenty of privacy and potential. The home is ready for some updating, making it an ideal opportunity to bring your own style and ideas to life. The practical bungalow layout offers comfortable living with the added benefit of a partially finished walkout basement, providing additional space and plenty of potential for future finishing. A detached garage offers convenient storage and workspace, while the spacious lot provides room to enjoy the outdoors, garden, or simply relax and take in the peaceful surroundings. Located on a year-round municipal road close to the hamlet of Gooderham. Whether you're searching for an affordable starter home, a comfortable retirement property, or an opportunity to build equity through updates, this property is full of possibilities and well worth a look!! Bring your ideas and make this your own!! (id:66096)

Property Details

MLS®: X13715704
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 179 × 426 ft (1.75 acres)
Frontage: 179 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Electric, Wood, Other
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $1,594/yr

Rooms

Main level

Bathroom: 2.43 x 2.43 meters
Kitchen: 5 x 3.5 meters
Primary Bedroom: 3.58 x 3.35 meters
Bedroom 2: 2.81 x 2.97 meters
Dining room: 3.09 x 3.35 meters
Living room: 4.97 x 3.35 meters

Basement

Sitting room: 2.94 x 2.87 meters
Utility room: 2.79 x 2.33 meters
Mud room: 2.59 x 6.75 meters
Bedroom 3: 2.79 x 2.69 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, Stove, Dryer, Window Coverings
Foundation: Concrete, Poured Concrete
Exterior: Vinyl siding
Lot Features: Wooded area, Sloping, Partially cleared, Lane, Level, Country residential

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Highlands East (Glamorgan) listings, avg age

104d

Price / ft²

$300

List price

$270K

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 (Glamorgan) has been listed for 70 days, which is 34 days fresher than the city average of 104. Act while there is still low competition.

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Listed by RE/MAX Professionals North · KEN BARRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0M)

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: 53,815
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K0M)

$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.)$133/mo

Total monthly$1,554

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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