$629,900

For sale

12 Temperance Street, Perth East (Milverton) - Single Family for Sale

12 Temperance Street, Perth East (Milverton), Ontario, N0K1M0

2 beds2 baths2 parking1,750 ft²65 × 231 ft (14,867 sq ft) lot sizeListed 26 days ago

Overview

This 2-bedroom, 2-bathroom home in Perth East is for sale offering roughly 1,750 sq ft of space. Listed at $629,900, it is attractively priced about 20% below the $789,900 median asking price in Perth East. It has been on the market 26 days, fresher than the Perth East average of 116 days.

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Description

Beautifully renovated 2-storey home on an impressive 64' x 246' lot in Milverton! The main floor was updated in 2021 with a new kitchen, flooring, living room, pantry, bathroom and laundry. Upstairs features 2 bedrooms, with the option to easily convert back to 3. A spacious rec room offers potential for additional finished living space. Enjoy the deep, private backyard backing onto municipal land and the arena, with no rear neighbours and easy access to the arena, skate park and park. A 16' x 22' detached shed with metal roof provides excellent storage. The home's 50-year metal roof was installed in 2002. With the major updates taken care of, this is your opportunity to move in and enjoy the quiet, small-town lifestyle Milverton has to offer! (id:66096)

Property Details

MLS®: X13882100
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 65 × 231 ft (14,867 sq ft)
Frontage: 65 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, No Garage
Ownership: Freehold
Property Tax: $2,642/yr
Listed: 26 days ago

Features

Appliances: Water softener, Oven - Built-In, Water Heater
Foundation: Stone, Concrete
Exterior: Brick, Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Perth East (Milverton) listings, avg age

116d

Price / ft²

$360

List price

$630K

Homes here sell close to asking price

Homes in this market sold for an average of 97.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Perth East (Milverton) has been listed for 26 days, which is 90 days fresher than the city average of 116. Act while there is still low competition.

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Listed by Kempston & Werth Realty Ltd. · NICOLE CULLING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0K)

This home lists at $629,900, about 7.0× the local median household income of $90,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.

Median household income: $90,000
Population: 24,817
Median age: 38.4
Owner / renter: 80% / 20%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N0K)

$629,900· $360/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$220/mo

Total monthly$3,502

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$9,073

Est. closing costs$4,390

Total cash needed$51,453

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