$599,900

For saleJust listed

43846 CRANBROOK Road, Huron East (Grey) - Single Family for Sale

43846 CRANBROOK Road, Huron East (Grey), Ontario, N0G1H0

5 beds2 baths10 parking4,250 ft²Listed 7 days ago

Overview

This 5-bedroom, 2-bathroom home in Huron East is for sale offering roughly 4,250 sq ft of space. Listed at $599,900, it is attractively priced about 8% below the $649,900 median asking price in Huron East. It has been on the market 7 days, fresher than the Huron East average of 97 days.

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Description

Discover the exceptional potential of 43846 Cranbrook Rd, located in the heart of Cranbrook. This versatile property offers a unique opportunity for multi-generational living, a potential income-producing investment, or the possibility of creating three separate apartments, subject to the necessary approvals. Featuring six spacious bedrooms, two bathrooms, and ample parking, there is plenty of room for families, tenants, or a combination of both. The property also boasts a large heated workshop and detached garage, providing excellent space for hobbies, storage, or business use. With propane heating, comfort is assured year-round. The property also offers the potential to operate a business from the front, creating an exciting opportunity for those looking to combine residential and entrepreneurial pursuits. Whether you're looking for a spacious family home, an investment opportunity, or a property with flexible business potential, 43846 Cranbrook Rd offers endless possibilities. Don't miss your chance to explore all this unique property has to offer! (id:66096)

Property Details

MLS®: X14123796
Property Type: Single Family
Zoning: R1
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 10
Interior Size: 4,250 ft²
Frontage: 124 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Propane
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,368/yr
Listed

Rooms

Main level

Office: 4.37 x 3.84 meters
Dining room: 3.3 x 2.77 meters
Office: 4.6 x 3.51 meters
Pantry: 1.8 x 1.78 meters
Bedroom: 4.22 x 2.77 meters
Sunroom: 3.02 x 2.87 meters
Kitchen: 5.36 x 3.71 meters
Kitchen: 3.96 x 2.74 meters
Laundry room: 2.92 x 2.82 meters
Workshop: 7.06 x 6.76 meters
Bathroom: 3.48 x 3.07 meters

Features

Appliances: Water Heater
Foundation: Stone, Block, Concrete
Exterior: Concrete, Brick
Lot Features: Flat site, Dry, Sump Pump

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Huron East (Grey) listings, avg age

97d

Price / ft²

$141

List price

$600K

Haho

This 5-bed single family in Huron East (Grey) has been listed for 7 days, which is 90 days fresher than the city average of 97. Act while there is still low competition.

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Listed by RE/MAX Land Exchange Ltd · JAMIE RAYMOND FISCHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $599,900, about 7.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$599,900· $141/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$281/mo

Total monthly$3,413

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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