$724,900

For sale

394 MATESE Street, Lakeshore - Single Family for Sale

394 MATESE Street, Lakeshore, Ontario, N0R1A0

5 beds3 baths1,426 ft²42 × 98 ft (4,158 sq ft) lot sizeListed 44 days ago

Overview

This 5-bedroom, 3-bathroom home in Lakeshore is for sale offering roughly 1,426 sq ft of space. Listed at $724,900, it is attractively priced about 15% below the $849,000 median asking price in Lakeshore. It has been on the market 44 days, fresher than the Lakeshore average of 77 days.

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Description

FALL IN LOVE THE MOMENT YOU WALK IN! Welcome to 394 Matese, where soaring ceilings, beautiful natural light and modern design come together to create a home that truly feels special. Built by Lakeland Homes in late 2022, this stunning Featherstone model is a full-brick END-UNIT semi-detached home offering approx. 1,426 sq. ft. plus a finished lower level. The heart of the home is the breathtaking open-concept family room and kitchen, highlighted by dramatic cathedral ceilings and an impressive extra-large island made for entertaining, family gatherings and unforgettable moments. Elegant 9-ft ceilings throughout the main floor add to the bright, spacious feel. With 2+3 BEDROOMS, 3 FULL BATHROOMS and convenient MAIN-FLOOR LAUNDRY, there’s room to live, work, entertain and grow. BEST OF ALL—ENJOY A CAREFREE LIFESTYLE WITH NO EXTERIOR MAINTENANCE! The low $100/month fee covers grass cutting, snow removal, sprinkler maintenance and a roof reserve fund. MODERN. SPACIOUS. LOW-MAINTENANCE. (id:66096)

Property Details

MLS®: 26023356
Property Type: Single Family
Zoning: RES
Bedrooms: 5
Beds (above / below): 2 above · 3 below
Bathrooms: 3
Interior Size: 1,426 ft²
Lot Size: 42 × 98 ft (4,158 sq ft)
Year Built: 2022
Storeys: 1
Style: Ranch
Heating: Forced air, Heat Recovery Ventilation (HRV), Natural gas, Furnace
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Ownership: Freehold
Listed: 44 days ago

Rooms

Lower level

Storage
4pc Bathroom
Bedroom
Bedroom
Bedroom
Family room/Fireplace

Main level

Laundry room
Kitchen/Dining room
Family room/Fireplace
4pc Bathroom
4pc Ensuite bath
Primary Bedroom
Bedroom
Foyer

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Hardwood, Ceramic/Porcelain
Foundation: Concrete
Exterior: Brick
Lot Features: Double width or more driveway, Concrete Driveway, Front Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Lakeshore listings, avg age

77d

Price / ft²

$508

List price

$725K

Haho

This 5-bed single family in Lakeshore has been listed for 44 days, which is 33 days fresher than the city average of 77. Act while there is still low competition.

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Listed by JUMP REALTY INC. · GURDEEP JANJUA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0R)

This home lists at $724,900, about 6.8× the local median household income of $107,000.

Carrying it typically needs a household income of about $141,598 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.

Median household income: $107,000
Population: 50,203
Median age: 43.2
Owner / renter: 91% / 9%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N0R)

$724,900· $508/ft²

For sale

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Full Cost Breakdown

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Down Payment6.55% · $47,490

Min 6.55%50%

Mortgage payment$3,756/mo

↳ CMHC premium ($27,096 capitalized)

Est. property tax$604/mo

Total monthly$4,360

Cash Needed to Close

Down payment (6.55%)$47,490

Land transfer tax$10,973

Est. closing costs$4,675

Total cash needed$63,138

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