$499,000

$559,900For salePrice drop↓ $60,900 (11%)

42 Serviceberry Lane, Norfolk (Simcoe) - Single Family for Sale

42 Serviceberry Lane, Norfolk (Simcoe), Ontario, N3Y0E5

2 beds4 baths3 parking1,500 ft²$156/mo condo feeListed 59 days ago

Overview

This 2-bedroom, 4-bathroom condo in Norfolk is for sale offering roughly 1,500 sq ft of space. Its $499,000 asking price sits right in line with the $485,000 median in Norfolk. It has been on the market 59 days, fresher than the Norfolk average of 70 days.

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

Description

Nestled in a quiet Simcoe neighbourhood, far enough from the bustle that birds will sing you to sleep at night, yet close enough that it's just a quick drive to groceries and shopping, you'll find this home. Enjoy plenty of storage and parking in the double garage. Step inside to an open layout with an efficient kitchen with plenty of storage, open living room with soaring ceilings, a gas fireplace, and massive TV (included with purchase), main floor primary bedroom with walk in closet and ensuite, and main floor laundry. On the upper level you'll find a loft which overlooks the living area, and a second spacious bedroom with a walk-in closet and (jack and jill) bathroom. In the lower level you'll find a fully finished bathroom and a brand-new stackable washer/dryer combo. The rest is yours to design to make perfect for guests or the adult child! (id:66096)

Property Details

MLS®: X13751806
Property Type: Single Family
Zoning: R4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 1,500 ft²
Storeys: 1
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Fireplace: Yes
Condo Fee: $156/mo
Fee Includes: Parking
Ownership

Rooms

Main level

Foyer
Kitchen: 3.15 x 3.76 meters
Great room: 4.4 x 4.07 meters
Primary Bedroom: 3.62 x 4.12 meters

Basement

Laundry room
Utility room

Second level

Bedroom 2: 3.17 x 3.1 meters
Loft: 3.72 x 4.23 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, Water softener, Dishwasher, Stove, Dryer, Garage door opener remote(s)
Flooring: Tile
Foundation: Concrete
Exterior: Brick
Lot Features: Cul-de-sac, Irregular lot size, Flat site, Conservation/green belt, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Norfolk (Simcoe) listings, avg age

70d

Price / ft²

$333

List price

$499K

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 2-bed single family in Norfolk (Simcoe) has been listed for 59 days, which is 11 days fresher than the city average of 70. Act while there is still low competition.

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Listed by Gale Group Realty Brokerage Ltd · Ruby Streicher

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3Y)

This home lists at $499,000, about 6.4× the local median household income of $77,500.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $77,500
Population: 23,402
Median age: 49.2
Owner / renter: 75% / 25%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N3Y)

$499,000· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$407/mo

Condo fee$156/mo

Total monthly$3,191

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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