$525,000

For sale

21 Alma Street North, Kawartha Lakes (Omemee) - Single Family for Sale

21 Alma Street North, Kawartha Lakes (Omemee), Ontario, K0L2W0

4 beds2 baths6 parking900 ft²50 × 200 ft (10,025 sq ft) lot sizeListed 35 days ago

Overview

This 4-bedroom, 2-bathroom home in Kawartha Lakes is for sale offering roughly 900 sq ft of space. Listed at $525,000, it is attractively priced about 22% below the $675,000 median asking price in Kawartha Lakes. It has been on the market 35 days, fresher than the Kawartha Lakes average of 113 days.

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Description

Whether you're a first-time home buyer, first-time investor, or both, this versatile property offers an incredible opportunity. Featuring two self-contained two-bedroom suites, it's ideal for generating rental income while living in one unit, accommodating extended family, or adding a solid asset to your investment portfolio. With ample parking and flexible living arrangements, this property provides exceptional value and endless possibilities. Live in one suite and rent the other, lease both units for maximum income potential, or create a comfortable multi-generational living setup. A rare chance to enter the market with a property that works for you from day one. (id:66096)

Property Details

MLS®: X13856522
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 6
Interior Size: 900 ft²
Lot Size: 50 × 200 ft (10,025 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.82 x 3.73 meters
Kitchen: 3.35 x 3.22 meters
Primary Bedroom: 4.89 x 3.37 meters
Bedroom 2: 3.79 x 3.22 meters
Bathroom: 3.35 x 2.14 meters

Lower level

Kitchen: 7 x 3.83 meters
Bedroom 3: 4.76 x 2.78 meters
Bedroom 4: 3.84 x 3.74 meters

In between

Foyer: 3.23 x 1.08 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
Foundation: Block
Exterior: Brick

Services

Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Kawartha Lakes (Omemee) listings, avg age

113d

Price / ft²

$583

List price

$525K

Haho

This 4-bed single family in Kawartha Lakes (Omemee) has been listed for 35 days, which is 78 days fresher than the city average of 113. Act while there is still low competition.

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Listed by AFFINITY GROUP PINNACLE REALTY LTD. · Justin Woolacott

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $525,000, about 6.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 30% 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)

$525,000· $583/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$215/mo

Total monthly$2,973

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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