$374,900

For sale

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88 Erie Boulevard, Norfolk (Long Point) - Single Family for Sale

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

2 beds1 bath4 parking lot size

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

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

Listed by BOSLEY REAL ESTATE LTD.,

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

For sale

11 days ago

$749K

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

Investment analysis

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$374,900

Norfolk

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40 × 80 ft (3,200 sq ft)

Overview

This 2-bedroom, 1-bathroom home in Norfolk is for sale. Listed at $374,900, it is attractively priced about 22% below the $479,000 median asking price in Norfolk.

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

Description

Wake up to the sound of waves lapping on the shore of one of Lake Erie's most precious gems!! This classically-styled and family-friendly Long Point cottage is literally steps from the beach and a short walk to the inner bay, making its location a prime spot to be. Offering a bright and cheery kitchen, cozy and spacious family room and dining area, 2 full bedrooms as well as a bonus loft area perfect for kids to gather and overnight guests to sleep, this property provides an exceptional opportunity to begin your cottage adventures! Enjoy the views from the front porch or relax on the expansive back deck. Spend the day on the beach, stroll to the local shops and amenities. Disconnect from the rest of the world and reconnect with family and friends. (id:66096)

Property Details

MLS®: X12975332
Property Type: Single Family
Zoning: RR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Lot Size: 40 × 80 ft (3,200 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Propane, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,084.6/yr
Listed: 209 days ago

Rooms

Main level

Kitchen: 4.01 x 2.39 meters
Living room: 7.16 x 3.1 meters
Primary Bedroom: 3.07 x 2.49 meters
Bedroom 2: 3.07 x 2.46 meters
Bathroom
Other: 3 x 1.98 meters
Loft: 7.32 x 4.72 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, Water Heater
Foundation: Wood/Piers
Exterior: Vinyl siding

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

209d

Norfolk (Long Point) listings, avg age

80d

List price

$375K

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 (Long Point) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE ACTION REALTY · DANNY DE DOMINICIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0E)

This home lists at $374,900, about 4.1× the local median household income of $92,000.

Carrying it typically needs a household income of about $73,231 (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)

$374,900

For sale

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Full Cost Breakdown

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Down Payment5% · $18,745

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,246 capitalized)

Property tax (est.)$257/mo

Total monthly$2,232

Cash Needed to Close

Down payment (5%)$18,745

Land transfer tax$4,099

Est. closing costs$3,625

Total cash needed$26,469

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice