$379,900

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5127 Highway 534, Nipissing - Single Family for Sale

5127 Highway 534, Nipissing, Ontario, P0H1W0

2 beds1 bath6 parking900 ft²277 × 295 ft (1.87 acres) lot sizeListed 110 days ago

Overview

This 2-bedroom, 1-bathroom home in Nipissing is for sale offering roughly 900 sq ft of space.

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Description

Welcome to this beautifully maintained 2-bedroom, 1-bath deatched bungalow in desirable NipissingTownship, built in 2017 and ideally located just 20 minutes from Callander and Powassan.Nestled on a private 1.63-acre lot, this property offers the perfect blend of peaceful countryliving and modern comfort.Designed for easy one-level living, the home features a bright and functional layout ideal foreveryday living, downsizers, first-time buyers, or those seeking a tranquil retreat. Enjoy theadded bonus of an enclosed porch, providing the perfect space to relax and take in thesurrounding views year-round.Step outside to the expansive private backyard - ideal for entertaining, gardening, or enjoyingthe natural beauty of the area. With ample space for children, pets, and outdoor activities,this property delivers privacy, comfort, and lifestyle in a sought-after rural setting.Additional highlights include buried hydro lines to the property for enhanced curb appeal andreliability, as well as a drilled well equipped with a heat trace system for added peace ofmind during the winter months. This move-in ready property is a wonderful opportunity to enjoythe serenity of country living without sacrificing convenience. (id:66096)

Property Details

MLS®: X13575802
Property Type: Single Family
Zoning: RU
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 277 × 295 ft (1.87 acres)
Frontage: 277 ft
Storeys: 1
Style: Raised bungalow
Basement: Unfinished, Crawl space, None, N/A
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.21 x 4.37 meters
Kitchen: 3.43 x 4.37 meters
Primary Bedroom: 5.44 x 3.56 meters
Bathroom: 2.41 x 1.5 meters
Laundry room: 2.69 x 1.85 meters
Bedroom 2: 3.86 x 3.48 meters
Sunroom: 3.05 x 4.78 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Water Heater
Foundation: Slab
Exterior: Vinyl siding
Lot Features: Dry, Hilly, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

110d

Nipissing listings, avg age

111d

Price / ft²

$422

List price

$380K

Homes here sell slower than most markets

Sold homes in this market spent an average of 72 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 93.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Nipissing has been listed for 110 days, which is 1 days fresher than the city average of 111. Act while there is still low competition.

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Listed by Royal LePage Northern Life Realty, Brokerage · ZACH HUNTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $379,900, about 4.7× the local median household income of $80,000.

Carrying it typically needs a household income of about $74,208 (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)

$379,900· $422/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,995

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,436 capitalized)

Property tax (est.)$89/mo

Total monthly$2,089

Cash Needed to Close

Down payment (5%)$18,995

Land transfer tax$4,174

Est. closing costs$3,640

Total cash needed$26,809

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5127 Highway 534, Nipissing - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0H)

Book a showing

Full Cost Breakdown