$899,900

For sale

98 Locky Lane, Middlesex Centre (Kilworth) - Single Family for Sale

98 Locky Lane, Middlesex Centre (Kilworth), Ontario, N0L1R0

6 beds4 baths6 parking2,750 ft²Listed 86 days ago

Overview

This 6-bedroom, 4-bathroom home in Middlesex Centre is for sale offering roughly 2,750 sq ft of space. Listed at $899,900, it is attractively priced about 8% below the $979,900 median asking price in Middlesex Centre. It has been on the market 86 days, fresher than the Middlesex Centre average of 89 days.

Houses for Sale in Middlesex Centre →All real estate in Middlesex Centre →

Description

Beautiful and Upgraded home approx 2655 sq feet plus finished basement 1,000. This pristine 4-year oldhome . This home features a premium concrete driveway, Matching front porch and dedicated walkwayleading to the backyard. Main level welcome foyer leading in an elegant formal dining room with chef's inspired designer kitchen featuring a premium butler pantry, Great room bright, open living room anchoredby cozy fireplace, dedicated main floor mud room/ laundry room, Upper level brings master bedroom luxuryoasis featuring dedicated his and hers walk in closet and spa like ensuite, three additional spaciousbedrooms with excellent closet space, large family/ media room perfect for movie nights or kids play area.Fully finished basement with separate private entrance and serves as turn key income suite, includes 2bedrooms, large recreation room bathroom and kitchen. Currently, yielding short term Airbnb earnings $12,000/year for only 120 nights occupancy. Consideringhigh rental demand area , there is potential long term rental income of $1500/ Month (id:66096)

Property Details

MLS®: X13657092
Property Type: Single Family
Zoning: UR1-38
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Frontage: 40 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Dining room: 3.25 x 4.11 meters
Kitchen: 3.35 x 4.62 meters
Eating area: 4.34 x 4.62 meters
Living room: 3.3 x 4.62 meters
Laundry room: 2.72 x 3.3 meters

Lower level

Kitchen: 3.07 x 1.78 meters
Bedroom: 3.17 x 4.52 meters

Second level

Family room: 3.71 x 5.82 meters
Bedroom: 3.07 x 3.56 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Oven - Built-In, Garage door opener remote(s), Water Heater - Tankless
Foundation: Concrete
Exterior: Brick Facing
Lot Features: Flat site, Dry, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Middlesex Centre (Kilworth) listings, avg age

89d

Price / ft²

$327

List price

$900K

Homes here sell close to asking price

Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Middlesex Centre (Kilworth) has been listed for 86 days, which is 3 days fresher than the city average of 89. Act while there is still low competition.

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Listed by SUTTON - JIE DAN REALTY BROKERAGE · FAISAL ANWAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $899,900, about 9.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$899,900· $327/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Property tax (est.)$451/mo

Total monthly$5,080

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$14,473

Est. closing costs$5,200

Total cash needed$84,663

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