#25 2761 OIL HERITAGE Road, Oil Springs, Ontario, N0N1P0

For salePrice drop

91 days ago

$265K$275K

↓ $10K (4%) price drop

#25 2761 OIL HERITAGE Road, Oil Springs, Ontario, N0N1P0

2 bd1 ba980 ft²

Listed by Right at Home Realty, Brokerage

2609 Oil Heritage Road, Oil Springs, Ontario, N0N1P0

For sale

241 days ago

$690K

2609 Oil Heritage Road, Oil Springs, Ontario, N0N1P0

4 bd2 ba7 pkLot size 66 × 145 ft (9,570 sq ft)

Listed by CENTURY 21 FIRST CANADIAN CORP

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$265,000

Oil Springs

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$265,000

$275,000For salePrice drop↓ $10,000 (4%)

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#25 2761 Oil Heritage Road, Oil Springs - Single Family for Sale

#25 2761 Oil Heritage Road, Oil Springs, Ontario, N0N1P0

2 beds1 bath2 parking900 ft²Listed 91 days ago

Overview

This 2-bedroom, 1-bathroom home in Oil Springs is for sale offering roughly 900 sq ft of space. Its $265,000 asking price sits right in line with the $265,000 median in Oil Springs. It has been on the market 91 days, fresher than the Oil Springs average of 141 days.

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Description

This newly built modular home is the 2023 model-one-floor living, an open-concept layout, ready for its first owner. The clever layout makes every square foot count. Large windows let in natural light all day. The living and dining areas flow seamlessly into the kitchen, which features soft-close cabinetry, a large pantry, and an enclosed laundry room. Both bedrooms offer generous closet space, and the well-appointed 4-piecebathroom ties it all together beautifully. Luxury vinyl plank flooring, neutral finishes, quality craftsmanship throughout - just move in. BlackCreek Golf Course is a short walk away, and Petrolia's shops, restaurants, and amenities are a few minutes' drive. Land lease $550/month, covers property taxes, road plowing, and common area maintenance. Water costs are split among park owners. HST incl in the sale price; anyapplicable rebate to the builder. All offers are conditional upon buyer approval by park management. (id:66096)

Property Details

MLS®: X13650898
Property Type: Single Family
Zoning: A1 RMHP
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Storeys: 1
Style: Bungalow
Basement: None, Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Air exchanger, None
Garage: No Garage
Ownership: Leasehold
Listed: 91 days ago

Rooms

Main level

Kitchen: 4.75 x 3.71 meters
Living room: 6.4 x 3.71 meters
Primary Bedroom: 3.71 x 3.35 meters
Bedroom 2: 4.11 x 3.07 meters
Bathroom: 3.67 x 1.95 meters
Laundry room: 1.52 x 0.97 meters
Furnace: 1.83 x 0.95 meters

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

Features

Foundation: Concrete, Slab
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Oil Springs listings, avg age

141d

Price / ft²

$294

List price

$265K

Haho

This 2-bed single family in Oil Springs has been listed for 91 days, which is 50 days fresher than the city average of 141. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · RENATA KAIJSER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0N)

This home lists at $265,000, about 2.8× the local median household income of $96,000.

Carrying it typically needs a household income of about $51,764 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $96,000
Population: 42,297
Median age: 45.2
Owner / renter: 85% / 15%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N0N)

$265,000· $294/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,250

Min 5%50%

Mortgage payment$1,396/mo

↳ CMHC premium ($10,070 capitalized)

Est. property tax$0/mo

Total monthly$1,396

Cash Needed to Close

Down payment (5%)$13,250

Land transfer tax$2,450

Est. closing costs$3,295

Total cash needed$18,995

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