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$849,000
Pelham
350 Cream Street, Pelham (Fenwick), Ontario, L0S1C0
This 5-bedroom, 1-bathroom home in Pelham is for sale offering roughly 3,250 sq ft of space. Listed at $849,000, it is attractively priced about 39% below the $1,390,000 median asking price in Pelham. It has been on the market 0 days, fresher than the Pelham average of 94 days.
Big, bold 5-bedroom country home on 11 private acres, surrounded by open farmland. The red steel exterior with black trim wraps the original farmhouse and a dramatic modern addition. Inside, the open-concept main floor features heavy timber posts and beams, vaulted metal ceilings, a wood stove and a long navy shaker kitchen with brass hardware, a double farmhouse sink and a continuous band of windows. The main-floor primary is huge (over 29 ft long) with patio doors, and the upper level has additional bedrooms with original hardwood floors and updated windows. There's main-floor laundry and a basement for extra space. The barn has basic living quarters. The property has a long private gravel drive, two ponds, a detached outbuilding and plenty of room for a shop, hobby farm or family compound. Renovation is well underway, with new windows, spray foam insulation and subfloors in place. It's ready for your flooring, finishes and trim. Buyer to conduct their own research regarding zoning, permitted uses, building permits, structures, services and condition. Bring your vision! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 94 days across the listings currently for sale in this city
This 5-bed single family in Pelham (Fenwick) has been listed for 0 days, which is 94 days fresher than the city average of 94. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $849,000, about 8.9× the local median household income of $95,000.
Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 75% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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