$189,500

For sale

Markstay-Warren, Ontario, P0H2N0

3 bd2 ba1,300 ft²

Listed by EXP REALTY, BROKERAGE

1383 Rabbit Trail Road, Markstay-Warren, Ontario, P0H2N0

For sale

30 days ago

$1.50M

1383 Rabbit Trail Road, Markstay-Warren, Ontario, P0H2N0

4 bd2 ba17 pk1,750 ft²Lot size 2635 × 2582 ft (156.21 acres)

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage

For salePrice drop

97 days ago

$340K$370K

↓ $30K (8%) price drop

Markstay-Warren, Ontario, P0H2N0

5 bd3 ba900 ft²

Listed by SUTTON-BENCHMARK REALTY INC., BROKERAGE

Investment analysis

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$189,500

Markstay-Warren

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Address not available, Markstay-Warren - Single Family for Sale

Markstay-Warren, Ontario, P0H2N0

2 beds1 bath900 ft²Listed 26 days ago

Overview

This 2-bedroom, 1-bathroom home in Markstay-Warren is for sale offering roughly 900 sq ft of space. It has been on the market 26 days, fresher than the Markstay-Warren average of 92 days.

Houses for Sale in Markstay-Warren →All real estate in Markstay-Warren →

Description

Welcome to 5 Stanhope! Offering excellent potential for first-time buyers, investors, or those looking to add their personal touch, this two-bedroom home presents a great opportunity. The main level features a functional open-concept layout with an eat-in kitchen, living area, and 4-piece bathroom. Situated on a generous lot, the property provides ample outdoor space and privacy, while being conveniently located near a school and playground. Recent improvements include a new gas furnace and updated electrical panel and roof shingles are apx 13 years old. With some TLC and a little vision, this property offers plenty of potential to create a comfortable home or investment opportunity. (id:66096)

Property Details

MLS®: 2130861
Property Type: Single Family
Zoning: Res
Bedrooms: 2
Bathrooms: 1
Interior Size: 900 ft²
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air
Garage: Gravel
Ownership: Freehold
Listed: 26 days ago

Rooms

Main level

4pc Bathroom: 7'5"" x 5'6""
Bedroom: 11' x 8'4""
Bedroom: 14' x 8'4""
Living room: 12'8"" x 10'8""
Eat in kitchen: 13'9"" x 12'

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

Features

Flooring: Laminate, Vinyl
Foundation: Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Markstay-Warren listings, avg age

92d

Price / ft²

$211

List price

$190K

Haho

This 2-bed single family in Markstay-Warren has been listed for 26 days, which is 66 days fresher than the city average of 92. Act while there is still low competition.

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Listed by SUTTON-BENCHMARK REALTY INC., BROKERAGE · GUY LAMOTHE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $189,500, about 2.4× the local median household income of $80,000.

Carrying it typically needs a household income of about $37,016 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$189,500· $211/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,475

Min 5%50%

Mortgage payment$998/mo

↳ CMHC premium ($7,201 capitalized)

Est. property tax$158/mo

Total monthly$1,156

Cash Needed to Close

Down payment (5%)$9,475

Land transfer tax$1,620

Est. closing costs$3,069

Total cash needed$14,164

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