$530,000

For sale

117 Farrington Crescent, Prince Edward County (Picton Ward) - Single Family for Sale

117 Farrington Crescent, Prince Edward County (Picton Ward), Ontario, K0K2T0

2 beds2 baths3 parking1,300 ft²119 × 96 ft (11,424 sq ft) lot sizeListed 50 days ago

Overview

This 2-bedroom, 2-bathroom home in Prince Edward County is for sale offering roughly 1,300 sq ft of space. Listed at $530,000, it is attractively priced about 18% below the $649,900 median asking price in Prince Edward County. It has been on the market 50 days, fresher than the Prince Edward County average of 147 days.

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Description

Stop renting and start building your future! This brand-new McDonald Homes freehold end unit townhouse is the ultimate smart start for first-time buyers. Because it's a freehold property, there are no monthly condo fees, keeping your monthly costs predictable and low. The modern, open-concept design is made for entertaining, featuring a kitchen breakfast bar, 2 spacious bedrooms, and 2 full baths (including a private ensuite!). Equipped with high-speed internet for working from home, and high-efficiency heating, cooling, and windows to keep your utility bills low. Want to add value down the road? The full unfinished basement is a blank canvas ready for a future rec room, gym, or home office. With a seven year TARION new-home warranty and an unbeatable location walking distance to downtown, shopping, the Millennium Trail, and a winery, this is a worry-free investment in your lifestyle! (Home is not built yet, photos are of a different unit.) (id:66096)

Property Details

MLS®: X13785418
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 119 × 96 ft (11,424 sq ft)
Frontage: 119 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Listed: 50 days ago

Rooms

Main level

Foyer: 4.88 x 2.74 meters
Kitchen: 3.66 x 3.35 meters
Great room: 5.49 x 4.27 meters
Primary Bedroom: 3.66 x 3.35 meters
Bedroom 2: 3.35 x 3.35 meters

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

Features

Appliances: Water meter, Water Heater - Tankless, Water Heater
Foundation: Poured Concrete
Exterior: Stone, Vinyl siding
Lot Features: Sloping, Conservation/green belt, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Prince Edward County (Picton Ward) listings, avg age

147d

Price / ft²

$408

List price

$530K

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Prince Edward County (Picton Ward) has been listed for 50 days, which is 97 days fresher than the city average of 147. Act while there is still low competition.

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Listed by Royal Lepage Proalliance Realty · Kyle Weir

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $530,000, about 6.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $103,528 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$530,000· $408/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $28,000.00

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,080 capitalized)

Est. property tax$0/mo

Total monthly$2,783

Cash Needed to Close

Down payment (5.28%)$28,000

Land transfer tax$7,075

Est. closing costs$4,090

Total cash needed$39,165

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