$259,900

$279,900For salePrice drop↓ $20,000 (7%)

15 Madoc Street, Marmora and Lake (Marmora Ward) - Single Family for Sale

15 Madoc Street, Marmora and Lake (Marmora Ward), Ontario, K0K2M0

3 beds2 baths0 parking900 ft²86 × 67 ft (5,729 sq ft) lot sizeListed 47 days ago

Overview

This 3-bedroom, 2-bathroom home in Marmora and Lake is for sale offering roughly 900 sq ft of space. It has been on the market 47 days, fresher than the Marmora and Lake average of 115 days.

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Description

Sometimes, the perfect home isn't about having more-it's about having just enough. Welcome to 15 Madoc St in the heart of Marmora, an updated 3-bedroom, 1.5-bath home offering comfort, convenience and an affordable opportunity to make homeownership a reality. Ideal for first-time buyers, downsizers, or anyone ready to simplify, this charming home features a practical layout with open concept kitchen and living/dining room. The large windows give ample natural light while you prepare meals on the stunning island in the kitchen. An electric fireplace makes it that much more "Cute & Cozy" which would be perfect for a small family to start their real estate journey. Its manageable size means less time maintaining your home and more time enjoying life. Outside you're just steps from downtown Marmora, where shops, restaurants and everyday amenities are close at hand. Whether you're buying your first home, starting a new chapter, or simply looking for a smaller place to call your own, 15 Madoc St proves that good things really can come in smaller packages. (id:66096)

Property Details

MLS®: X13803094
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 86 × 67 ft (5,729 sq ft)
Frontage: 86 ft
Storeys: 1
Basement: Crawl space
Heating: Baseboard heaters, Forced air, Natural gas
Cooling: None
Garage: No Garage, Street
Fireplace: Yes
Ownership

Rooms

Main level

Kitchen: 3.67 x 3.99 meters
Living room: 5.54 x 9.3 meters
Partial bathroom: 1.75 x 1.27 meters
Mud room: 3.29 x 1.79 meters

Second level

Bathroom: 2.67 x 2.15 meters
Primary Bedroom: 2.66 x 4.26 meters
Bedroom 2: 2.78 x 2.92 meters
Bedroom 3: 2.67 x 2.82 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings, Water Heater - Tankless, Water Heater
Foundation: Stone, Block
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Marmora and Lake (Marmora Ward) listings, avg age

115d

Price / ft²

$289

List price

$260K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Marmora and Lake (Marmora Ward) has been listed for 47 days, which is 68 days fresher than the city average of 115. Act while there is still low competition.

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Listed by Exp Realty · Annabella Stoyke

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $259,900, about 3.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $50,768 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$259,900· $289/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,995

Min 5%50%

Mortgage payment$1,369/mo

↳ CMHC premium ($9,876 capitalized)

Property tax (est.)$158/mo

Total monthly$1,527

Cash Needed to Close

Down payment (5%)$12,995

Land transfer tax$2,374

Est. closing costs$3,280

Total cash needed$18,649

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