$849,900

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5295 Oliver Road, Oliver Paipoonge (Kakabeka Falls) - Single Family for Sale

5295 Oliver Road, Oliver Paipoonge (Kakabeka Falls), Ontario, P0T1W0

4 beds3 baths parking

1 Leiterman Street, Oliver Paipoonge (Kakabeka Falls), Ontario, P0T1W0

4 bd4 ba6 pk2,250 ft²Lot size 171 × 283 ft (1.11 acres)

Listed by Royal LePage® Lannon Realty

Investment analysis

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$849,900

Oliver Paipoonge

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Overview

This 4-bedroom, 3-bathroom home in Oliver Paipoonge is for sale offering roughly 1,750 sq ft of space. Listed at $849,900, it is attractively priced about 21% below the $1,070,000 median asking price in Oliver Paipoonge. It has been on the market 0 days, fresher than the Oliver Paipoonge average of 19 days.

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Description

NEW LISTING! In Kakabeka Falls/Murillo, Sits this 1,905 square foot, 4 Bedroom, 2 Bathroom Home with detached 27 x 35 foot heated garage with 9.5 foot overhang, all on a 5 acre lot. Open concept foyer, kitchen, dining, living room with vaulted ceilings. Primary bedroom on one side of the home with three bedrooms on the other side for privacy for you & your kids. Main floor laundry room. Partially finished lower level waiting for your personal touch to finish it off. This home has it all. The perfect home for a growing family looking for some privacy and serenity. (id:66096)

Property Details

MLS®: X14147078
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 24
Interior Size: 1,750 ft²
Lot Size: 334 × 638 ft (4.88 acres)
Frontage: 334 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,499/yr
Listed: Today

Rooms

Main level

Kitchen: 5.31 x 3.96 meters
Dining room: 4.32 x 3.3 meters
Living room: 5 x 3.3 meters
Primary Bedroom: 3.99 x 3.66 meters
Bedroom 2: 3.66 x 3.3 meters
Bedroom 3: 3.66 x 3.18 meters
Bedroom 4: 3.66 x 3.05 meters
Laundry room: 2.8 x 2.57 meters
Foyer: 3.51 x 2.16 meters
Utility room: 4.09 x 3.79 meters

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

Features

Appliances: Water purifier, Water softener, Central Vacuum, Water Treatment, Garage door opener remote(s), Water Heater - Tankless, Water Heater
Flooring: Concrete, Vinyl
Foundation: Poured Concrete
Exterior: Stone, Vinyl siding
Lot Features: Wooded area, Flat site, Carpet Free, Sump Pump

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Oliver Paipoonge (Kakabeka Falls) listings, avg age

19d

Price / ft²

$486

List price

$850K

Homes here sell faster than most markets

Sold homes in this market spent an average of 23 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 104.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0T)

This home lists at $849,900, about 11.0× the local median household income of $77,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 116% above the area median.

Median household income: $77,000
Population: 32,000
Median age: 45.6
Owner / renter: 84% / 16%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0T)

$849,900· $486/ft²

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$375/mo

Total monthly$4,754

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$13,473

Est. closing costs$5,050

Total cash needed$78,513

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

5295 Oliver Road, Oliver Paipoonge (Kakabeka Falls) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0T)

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Full Cost Breakdown