$549,900

$569,900For salePrice drop↓ $20,000 (4%)

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#6 5 YIN Street, Norfolk (Waterford) - Single Family for Sale

#6 5 YIN Street, Norfolk (Waterford), Ontario, N0E1Y0

2 beds2 baths parking

#3 5 Yin Street, Norfolk (Waterford), Ontario, N0E1Y0

3 bd2 ba2 pk1,300 ft²+$335/mo

Listed by REVEL REALTY INC.

Investment analysis

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$549,900

Norfolk

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Overview

This 2-bedroom, 2-bathroom condo in Norfolk is for sale offering roughly 1,100 sq ft of space. Its $549,900 asking price sits right in line with the $549,900 median in Norfolk.

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

Description

Absolutely immaculate, brick townhouse condo in a quiet complex with plenty of parking. This gorgeous 1+1bedroom, 2 full bath home offers a fully finished basement, a single car attached garage with inside entry, main floor laundry, a beautiful and bright kitchen/dining/living room with gas fireplace and sliding glass doors to the private back yard with deck. All major appliances included. This home is conveniently located close to all amenities that Waterford has to offer. Nothing to do but move in and enjoy. Book your private viewing of this wonderful home today. (id:66096)

Property Details

MLS®: X13684456
Property Type: Single Family
Zoning: R4
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $335/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $4,129.43/yr
Listed: 79 days ago

Rooms

Main level

Dining room: 3.4 x 2.34 meters
Kitchen: 3.73 x 3.89 meters
Living room: 7.87 x 4.22 meters
Primary Bedroom: 4.11 x 3.66 meters
Mud room: 2.57 x 1.8 meters

Basement

Recreational, Games room: 3.1 x 9.12 meters
Bedroom: 3.63 x 3.53 meters
Utility room: 2.13 x 2.54 meters
Utility room: 5.89 x 4.04 meters

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

Market Timing

Days on market

79d

Norfolk (Waterford) listings, avg age

50d

Price / ft²

$500

List price

$550K

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.

Area context

Neighbourhood profile (N0E)

This home lists at $549,900, about 6.0× the local median household income of $92,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 17% above 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)

$549,900· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$344/mo

Condo fee$335/mo

Total monthly$3,562

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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

#6 5 YIN Street, Norfolk (Waterford) - Single Family for Sale

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Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N0E)

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