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$414,900
Leamington
9 Erie Glen Crescent, Leamington, Ontario, N8H5K2
This 2-bedroom, 2-bathroom home in Leamington is for sale. Listed at $414,900, it is attractively priced about 25% below the $549,900 median asking price in Leamington. It has been on the market 30 days, fresher than the Leamington average of 74 days.
INVESTMENT OPPORTUNITY IN A PRIMAR LEAMINGTON LOCATION! This well-maintained end-unit ranch townhome is ideally located in Leamington's desirable south end, just 1 block from the marina, approximately 1/2 mile from Erie Shores Golf Club & minutes from Point Pelee National Park. The bright main level features a kitchen w/eating area, open living & dining room w/cathedral ceilings, patio doors leading to a wood deck, spacious primary bedroom, full bathroom & attached 1-car garage. The finished lower level offers a family room w/gas fireplace, 2nd bedroom, 2nd full bathroom, plus utility, laundry & storage space. Landscaped exterior & paved driveway complete the property. A great opportunity to add a tenanted property to your investment portfolio in a sought-after location close to the waterfront, golf, parks & amenities. Property is currently tenanted & must be sold w/existing tenant. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 74 days across the listings currently for sale in this city
This 2-bed single family in Leamington has been listed for 30 days, which is 44 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $414,900, about 5.3× the local median household income of $78,000.
Carrying it typically needs a household income of about $81,044 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.
Source: Statistics Canada, 2021 Census (FSA N8H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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