$449,000

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3 Perch Lane, Norfolk (Long Point) - Single Family for Sale

3 Perch Lane, Norfolk (Long Point), Ontario, N0E1M0

3 beds1 bath2 parking

36 Dickinson Avenue, Norfolk (Long Point), Ontario, N0E1M0

3 bd2 ba2 pk900 ft²Lot size 49 × 100 ft (4,905 sq ft)

Listed by ROYAL LEPAGE REALTY PLUS

37 Woodstock Avenue, Norfolk (Long Point), Ontario, N0E1M0

For sale

50 days ago

$1.24M

37 Woodstock Avenue, Norfolk (Long Point), Ontario, N0E1M0

3 bd1 ba5 pk900 ft²Lot size 50 × 150 ft (7,500 sq ft)

Listed by REAL BROKER ONTARIO LTD.

4 Bass Lane, Norfolk (Long Point), Ontario, N0E1M0

For sale

119 days ago

$479K

4 Bass Lane, Norfolk (Long Point), Ontario, N0E1M0

3 bd1 ba2 pk900 ft²Lot size 40 × 75 ft (3,000 sq ft)

Listed by Real Broker Ontario Ltd., Brokerage

88 Erie Boulevard, Norfolk (Long Point), Ontario, N0E1M0

For sale

209 days ago

$375K

88 Erie Boulevard, Norfolk (Long Point), Ontario, N0E1M0

2 bd1 ba4 pkLot size 40 × 80 ft (3,200 sq ft)

Listed by ROYAL LEPAGE ACTION REALTY

Investment analysis

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$449,000

Norfolk

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40 × 75 ft (3,000 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Norfolk is for sale offering roughly 900 sq ft of space. Listed at $449,000, it is attractively priced about 6% below the $479,000 median asking price in Norfolk. It has been on the market 2 days, fresher than the Norfolk average of 80 days.

Houses for Sale in Norfolk →All real estate in Norfolk →

Description

Located in Long Point, and only steps to the sandy shores of Lake Erie and Long Point Bay, 3 Perch Lane is ideal. With 3 bedrooms, an updated bath with glass shower and an open concept kitchen area with apron front sink, this bungalow home also includes a 14 by 12 bunkie with hydro. In addition to boating, fishing and paddling, Long Point is a UNESCO-designated Biosphere Reserve and a significant bird migration setting. With a Port Rowan mailing address, the property is conveniently close to shops, restaurants, amenities and the seasonal farmer's market at the harbour. (id:66096)

Property Details

MLS®: X14141440
Property Type: Single Family
Zoning: LP
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 75 ft (3,000 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Other, Other
Cooling: Wall unit
Garage: No Garage
Ownership: Freehold
Property Tax: $3,240.73/yr
Listed: 2 days ago

Rooms

Main level

Bedroom: 2.8 x 3.51 meters
Bedroom: 3.11 x 3.51 meters
Bedroom 3: 3.45 x 2.97 meters
Kitchen: 2.39 x 2.26 meters
Bathroom: 2.16 x 1.68 meters

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

Features

Appliances: Refrigerator, Stove
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Norfolk (Long Point) listings, avg age

80d

Price / ft²

$499

List price

$449K

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.

Haho

This 3-bed single family in Norfolk (Long Point) has been listed for 2 days, which is 78 days fresher than the city average of 80. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD., · Lisa Palmer

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0E)

This home lists at $449,000, about 4.9× the local median household income of $92,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $92,000
Population: 36,557
Median age: 46
Owner / renter: 88% / 12%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0E)

$449,000· $499/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$270/mo

Total monthly$2,635

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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