$125,000

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32 Martin Avenue, La Vallee - Single Family for Sale

32 Martin Avenue, La Vallee, Ontario, P0W1C0

4 beds1 bath1,300 ft² lot size

3410 Hwy 11 71 Highway, La Vallee, Ontario, P0W1C0

5 bd1 ba8 pk1,750 ft²

Listed by REMAX First Choice Realty Ltd.

859 BURRISS Road East, La Vallee, Ontario, P0W1C0

For salePrice drop

70 days ago

$440K$458K

↓ $18K (4%) price drop

859 BURRISS Road East, La Vallee, Ontario, P0W1C0

5 bd3 ba1,300 ft²Lot size 797 × 515 ft (9.42 acres)

Listed by Century 21 Northern Choice Realty Ltd.

Investment analysis

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$125,000

La Vallee

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Description

Situated in the quiet community of La Vallée, this affordable 4-bedroom, 1.5-storey home sits on a nicely sized lot and offers plenty of potential. With several important updates already completed, this property is a great opportunity for first-time buyers, investors, or anyone looking to move out of town! Improvements include a new patio and front porch, a metal roof completed in 2020, and the furnace and hot water tank both updated within the last 5 years. Spacious kitchen, open concept dining/living area. Main floor bath and master bedroom. A solid home with space, value, and room to make it your own! (id:66096)

Property Details

MLS®: X13250966
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Interior Size: 1,300 ft²
Lot Size: 130 × 160 ft (20,800 sq ft)
Frontage: 130 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Propane
Ownership: Freehold
Property Tax: $1,124/yr
Listed: 174 days ago

Rooms

Second level

Bedroom 4: 3.68 x 2.98 meters
Bedroom 3: 2.92 x 2.25 meters
Bedroom 5: 2.92 x 2.19 meters

Main level

Living room: 4.14 x 4.51 meters
Primary Bedroom: 3.96 x 3.53 meters
Kitchen: 5.12 x 2.98 meters
Bathroom

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (P0W)

This home lists at $125,000, about 1.6× the local median household income of $76,500.

Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,500
Population: 6,454
Median age: 42.8
Owner / renter: 85% / 15%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0W)

$125,000· $96/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $6,250

Min 5%50%

Mortgage payment$658/mo

↳ CMHC premium ($4,750 capitalized)

Property tax (est.)$94/mo

Total monthly$752

Cash Needed to Close

Down payment (5%)$6,250

Land transfer tax$975

Est. closing costs$2,875

Total cash needed$10,100

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32 Martin Avenue, La Vallee - Single Family for Sale

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Description

Property Details

Rooms

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Neighbourhood profile (P0W)

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