$629,900
Lucan Biddulph
33374 Richmond Street, Lucan Biddulph (Lucan), Ontario, N0M2J0
This 3-bedroom, 2-bathroom home in Lucan Biddulph is for sale offering roughly 1,300 sq ft of space. Listed at $629,900, it is attractively priced about 6% below the $669,900 median asking price in Lucan Biddulph. It has been on the market 15 days, fresher than the Lucan Biddulph average of 60 days.
EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY IN LUCAN! Situated on an expansive 0.44-acre property with approximately 116 feet of frontage, 33374 Richmond Street offers an exciting opportunity for homeowners, investors and developers alike. A proposed site and grading plan has been prepared, exploring the potential for up to three additional residential units, subject to all necessary approvals. The possibilities extend beyond traditional residential use, offering flexibility to explore additional dwelling units, garage space or a dedicated home workspace. Whether seeking an income-generating investment, a multi-generational living arrangement or a property with room to grow, this unique opportunity offers exciting possibilities for the future. The existing all-brick bungalow offers 2+1 bedrooms, two full bathrooms and an attached single-car garage. Inside, you'll find a bright, welcoming interior featuring updated flooring, generous living spaces and tasteful finishes throughout. The spacious living room is filled with natural light, while the inviting family room features decorative wall detailing, modern lighting and doors leading to both side yards, including one with a spacious deck. The updated kitchen offers dark cabinetry, ample counter space, a stylish tile backsplash, stainless steel appliances and a convenient breakfast counter. The primary bedroom features generous closet space and an ensuite with a double vanity and glass-enclosed shower. An additional bedroom and full bathroom complete the main level. The partially finished lower level offers a third bedroom, recreation space, laundry facilities and ample storage. A rare opportunity to enjoy an established home today with the exciting potential to develop on its substantial property in the heart of Lucan for tomorrow. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Lucan Biddulph (Lucan) has been listed for 15 days, which is 45 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $629,900, about 6.9× the local median household income of $91,000.
Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.