$439,000

For sale

23 Malibu Drive, Leamington - Single Family for Sale

23 Malibu Drive, Leamington, Ontario, N8H5G4

3 beds2 baths34 × 116 ft (3,938 sq ft) lot sizeListed 27 days ago

Overview

This 3-bedroom, 2-bathroom home in Leamington is for sale. Listed at $439,000, it is attractively priced about 20% below the $549,999 median asking price in Leamington. It has been on the market 27 days, fresher than the Leamington average of 73 days.

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Description

WELCOME TO 23 MALIBU DRIVE IN BEAUTIFUL LEAMINGTON! Discover the perfect combination of comfort, convenience, and easy living in this beautifully updated, move-in-ready home! Featuring 3 bedrooms and 2 bathrooms, this charming property offers a functional layout with tasteful updates throughout. Ideally located just steps from Leamington’s stunning waterfront and marina, you’ll enjoy scenic walking trails, beautiful lake views, and a relaxed lifestyle. Golf enthusiasts will appreciate the close proximity to Erie Shores Golf & Country Club, while shopping, restaurants, parks, and everyday amenities are just minutes away. Whether you’re a first-time buyer, downsizing, or simply looking for a turnkey home in a desirable neighbourhood, 23 Malibu Drive offers an exceptional opportunity. MOVE RIGHT IN AND ENJOY EVERYTHING LEAMINGTON HAS TO OFFER! (id:66096)

Property Details

MLS®: 26025007
Property Type: Single Family
Zoning: RES
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Lot Size: 34 × 116 ft (3,938 sq ft)
Year Built: 1994
Storeys: 1
Style: Ranch
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Ownership: Freehold
Listed: 27 days ago

Rooms

Lower level

Utility room
Bedroom
Family room
Storage

Main level

3pc Ensuite bath
Bedroom
Living room
4pc Bathroom
Primary Bedroom
Dining room
Foyer
Laundry room
Kitchen

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

Features

Flooring: Hardwood, Carpeted, Ceramic/Porcelain
Foundation: Concrete
Exterior: Brick
Lot Features: Concrete Driveway, Finished Driveway, Front Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Leamington listings, avg age

73d

List price

$439K

Haho

This 3-bed single family in Leamington has been listed for 27 days, which is 46 days fresher than the city average of 73. Act while there is still low competition.

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Listed by JUMP REALTY INC. · DANTE BUTERA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8H)

This home lists at $439,000, about 5.6× the local median household income of $78,000.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $78,000
Population: 27,530
Median age: 41.6
Owner / renter: 68% / 32%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N8H)

$439,000

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Est. property tax$366/mo

Total monthly$2,678

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$5,255

Est. closing costs$3,817

Total cash needed$31,022

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