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$89,900
Nipigon
151 First Street, Nipigon (Nipigon Town), Ontario, P0T2J0
This 2-bedroom, 1-bathroom home in Nipigon is for sale offering roughly 900 sq ft of space. Listed at $89,900, it is attractively priced about 36% below the $139,900 median asking price in Nipigon.
An affordable opportunity in the welcoming community of Nipigon! This 2-bedroom, 2-storey home offers a unique layout and plenty of potential for someone willing to put in some work and make it their own. The main floor features an open-concept living and dining area, while upstairs you'll find two spacious bedrooms and an updated 4-piece bathroom. Built into the hillside, one of the home's interesting features is a second-level exterior door leading directly to a private fenced deck area, with a gate providing access to the rear driveway and lane. For anyone needing hobby or storage space, there's a good-sized workshop with both a roll-up door and man door, plus a second large storage shed. A fenced side yard provides a secure area for pets, while a double driveway at the front and additional rear access offer plenty of parking flexibility. Updates include a high-efficiency natural gas furnace and 100-amp breaker panel. This home does require some work and updating, but its affordable price, generous bedrooms, workshop space and unique property layout make it a great opportunity for a buyer looking to build equity and create a home of their own in Nipigon. (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: 37 days on market, against an average age of 19 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 91.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Nipigon (Nipigon Town) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $89,900, about 1.2× the local median household income of $77,000.
Carrying it typically needs a household income of about $17,561 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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Loading rates, 30-yr amortization
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