$599,000

For sale

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146 RIVER Road, Pelham (Fenwick) - Single Family for Sale

146 RIVER Road, Pelham (Fenwick), Ontario, L3B5N6

3 beds1 bath20 parkingListed 240 days ago

662 Foss Road, Pelham (Fenwick), Ontario, L0S1C0

5 bd4 ba8 pk2,750 ft²Lot size 234 × 186 ft (43,543 sq ft)

Listed by PEAK GROUP REALTY LTD.

1110 Centre Street, Pelham (Fenwick), Ontario, L0S1C0

For sale

48 days ago

$1.45M

1110 Centre Street, Pelham (Fenwick), Ontario, L0S1C0

4 bd5 ba17 pk3,250 ft²Lot size 347 × 360 ft (2.86 acres)

↓ $21K (4%) price drop

393 Canboro Road, Pelham (Fenwick), Ontario, L0S1M0

3 bd1 ba2 pk1,300 ft²Lot size 39 × 208 ft (8,112 sq ft)

Listed by JENNIFER LYN COYLE

377 Canboro Road, Pelham (Fenwick), Ontario, L0S1M0

For sale

58 days ago

$1.90M

377 Canboro Road, Pelham (Fenwick), Ontario, L0S1M0

7 bd5 ba16 pk2,250 ft²Lot size 145 × 572 ft (1.90 acres)

Listed by RE/MAX GARDEN CITY REALTY INC.

Investment analysis

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$599,000

Pelham

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Description

Rare opportunity to build your dream home or addon/renovate the existing 3 bedroom one bathroom home already on the property! This 1.892 acre parcel has 369 feet of unobstructed frontage on the Welland River! Enjoy the superior privacy with an over 417 foot driveway! In your own private oasis imagine the luxury, fun, relaxation, and wildlife you would get to experience daily! The warmth of campfires, the family events, the boating adventures, fishing, and so many other possibilities to enjoy on this one of a kind property! Home does require work to bring it back to its former glory! The home is heated with propane and the water source is a dug well! (id:66096)

Rooms

Main level

Living room: 5.16 x 4.06 meters
Kitchen: 5.54 x 4.01 meters
Foyer: 5.54 x 1.88 meters
Bedroom: 3.61 x 3.05 meters
Bedroom 2: 3.66 x 3.1 meters
Bathroom: 1.8 x 2.59 meters

Second level

Bedroom 3: 7.11 x 5.11 meters

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

Area context

Neighbourhood profile (L3B)

This home lists at $599,000, about 9.0× the local median household income of $66,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $66,500
Population: 25,869
Median age: 43.2
Owner / renter: 66% / 35%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3B)

$599,000

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$344/mo

Total monthly$3,472

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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146 RIVER Road, Pelham (Fenwick) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Neighbourhood profile (L3B)

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