$399,900

$425,000For salePrice drop↓ $25,100 (6%)

122 Clarence Street, Lanark Highlands - Single Family for Sale

122 Clarence Street, Lanark Highlands, Ontario, K0G1K0

4 beds1 bath2 parking1,750 ft²50 × 65 ft (3,224 sq ft) lot sizeListed 40 days ago

Overview

This 4-bedroom, 1-bathroom home in Lanark Highlands is for sale offering roughly 1,750 sq ft of space. Listed at $399,900, it is attractively priced about 33% below the $599,900 median asking price in Lanark Highlands. It has been on the market 40 days, fresher than the Lanark Highlands average of 105 days.

Houses for Sale in Lanark Highlands →All real estate in Lanark Highlands →

Description

Priced to Sell! Step through the front door and into a piece of Lanark Village history. Built in the late 1800s, this four-bedroom home is filled with the details that give an older house its character: original tin ceilings, crown moulding, deep oak baseboards, hardwood floors, interior doors with transom windows, and a beautiful staircase. The main floor offers a generous living room, front parlour and separate dining room, with plenty of space to gather or settle into a quiet corner. The kitchen connects to a covered porch, the attached garage and a second staircase. Upstairs, you'll find four well-sized bedrooms, a full bathroom and laundry. A third staircase leads to the unfinished loft, offering more space to explore and make your own. Set on a lot in the heart of the village, the home also has a metal roof, propane furnace, central air conditioning and 200-amp electrical service. Its period details have endured; the next chapter is yours to shape. Whether your vision is a careful restoration or a fresh approach that celebrates the original features, 122 Clarence Street offers a rare chance to make a historic home your own. (id:66096)

Property Details

MLS®: X13830642
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 50 × 65 ft (3,224 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Crawl space, None
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,944.46/yr

Rooms

Main level

Kitchen: 4.79 x 3.58 meters
Dining room: 4.08 x 4.17 meters
Office: 2.98 x 4.28 meters
Living room: 4.37 x 4.79 meters
Foyer: 2.74 x 5.77 meters

Second level

Primary Bedroom: 3.33 x 6.62 meters
Bedroom 2: 3.08 x 3.88 meters
Bedroom 3: 3.27 x 3.5 meters
Bedroom 4: 3.05 x 2.85 meters
Bathroom: 5.07 x 8.1 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, Water purifier, Dishwasher, Stove, Dryer, Freezer, Water Treatment, Window Coverings, Water Heater
Foundation: Stone
Exterior: Brick
Lot Features: Lane

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Lanark Highlands listings, avg age

105d

Price / ft²

$229

List price

$400K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Lanark Highlands has been listed for 40 days, which is 65 days fresher than the city average of 105. Act while there is still low competition.

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Listed by EXP REALTY · Kirsten Palmer

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $399,900, about 4.3× the local median household income of $94,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$399,900· $229/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$245/mo

Total monthly$2,352

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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