$614,999

$649,999For salePrice drop↓ $35,000 (5%)

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40 NICHOLAS Street, Leamington - Single Family for Sale

40 NICHOLAS Street, Leamington, Ontario, N8H3R9

4 beds3 baths lot size

2110 DEER RUN Road, Leamington, Ontario, N8H3V7

4 bd4 baLot size 1.47 acres

Listed by H. FEATHERSTONE REALTY INC.

4 SUNNINGDALE Drive, Leamington, Ontario, N8H0C5

For saleJust listed

Today

$789K

4 SUNNINGDALE Drive, Leamington, Ontario, N8H0C5

3 bd2 baLot size 7,797 sq ft (0.17 ac)

Listed by MAC 1 REALTY LTD

910 MERSEA RD 7, Leamington, Ontario, N8H3V8

For saleJust listed

Yesterday

$729K

910 MERSEA RD 7, Leamington, Ontario, N8H3V8

4 bd2 baLot size 1.43 acres

Listed by DEERBROOK REALTY INC.

703 POINT PELEE Drive, Leamington, Ontario, N8H3V4

For saleJust listed

Yesterday

$600K

703 POINT PELEE Drive, Leamington, Ontario, N8H3V4

3 bd2 baLot size 22,956 sq ft (0.52 ac)

Listed by REMAX CAPITAL DIAMOND REALTY

Investment analysis

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$614,999

Leamington

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7,884 sq ft (0.18 ac)

Overview

This 4-bedroom, 3-bathroom home in Leamington is for sale. It has been on the market 39 days, fresher than the Leamington average of 73 days.

Houses for Sale in Leamington →All real estate in Leamington →

Description

Welcome to 40 Nicholas Street in Leamington. This well cared for and updated brick ranch home offers 4 bedrooms, 1 full bathroom and 2 half bathrooms, with convenient laundry hookups available both upstairs and downstairs. Recent updates include new vinyl flooring throughout and a new furnace and central air system installed in 2024. The property also features an extremely well kept detached ADU in the backyard, currently vacant and offering an excellent opportunity for additional rental income. Ideally located close to shopping, schools and most everyday amenities, this property offers a great combination of comfort, convenience and income potential. (id:66096)

Property Details

MLS®: 26023809
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 2
Lot Size: 7,884 sq ft (0.18 ac)
Year Built: 1966
Storeys: 1
Style: Ranch
Heating: Natural gas, Furnace
Cooling: Central air conditioning
Garage: Detached Garage, Garage, Heated Garage
Fireplace: Yes
Ownership: Freehold
Listed: 39 days ago

Rooms

Basement

Den
Living room
Bedroom
Den
Living room/Fireplace

Main level

Laundry room
Living room
Eating area
Kitchen
Bedroom
Bedroom
Bedroom
2pc Bathroom
3pc Bathroom

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

Features

Flooring: Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Block, Concrete
Exterior: Brick
Lot Features: Concrete Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

39d

Leamington listings, avg age

73d

List price

$615K

Haho

This 4-bed single family in Leamington has been listed for 39 days, which is 34 days fresher than the city average of 73. Act while there is still low competition.

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Listed by H. FEATHERSTONE REALTY INC. · NICK PETERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8H)

This home lists at $614,999, about 7.9× the local median household income of $78,000.

Carrying it typically needs a household income of about $120,131 (20% down, 25-yr amortization, stress-tested) — roughly 54% 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)

$614,999

For sale

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Full Cost Breakdown

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Down Payment5.93% · $36,499.90

Min 5.93%50%

Mortgage payment$3,207/mo

↳ CMHC premium ($23,140 capitalized)

Est. property tax$512/mo

Total monthly$3,720

Cash Needed to Close

Down payment (5.93%)$36,500

Land transfer tax$8,775

Est. closing costs$4,345

Total cash needed$49,620

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