$499,900

For sale

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

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

2 beds2 baths3 parking1,300 ft²119 × 96 ft (11,424 sq ft) lot sizeListed 35 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 $499,900, it is attractively priced about 23% below the $649,900 median asking price in Prince Edward County. It has been on the market 35 days, fresher than the Prince Edward County average of 147 days.

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Description

An incredible opportunity to stop renting and own your future! This brand-new freehold townhouse from McDonald Homes is a fantastic entry point for first-time buyers looking for predictability, with no monthly condo fees to worry about. The home features a modern, open-concept design that's perfect for entertaining, highlighted by a kitchen breakfast bar, 2 spacious bedrooms, and 2 full bathrooms (including a private ensuite). It comes ready for today's lifestyle with high-speed internet for remote work and high-efficiency systems to ensure your utility bills stay low. You can easily add value later by finishing the full basement into a rec room or gym. Located just a short walk from downtown shopping, the Millennium Trail, and a winery, and backed by a 7-year TARION warranty, this home offers total peace of mind. (id:66096)

Property Details

MLS®: X13847068
Property Type: Single Family
Zoning: R3-64-H
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

Rooms

Main level

Great room: 5.49 x 4.27 meters
Kitchen: 3.66 x 3.35 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
Foundation: Poured Concrete
Exterior: Stone, Vinyl siding
Lot Features: 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

35d

Prince Edward County (Picton Ward) listings, avg age

147d

Price / ft²

$385

List price

$500K

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 35 days, which is 112 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 $499,900, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$499,900· $385/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Est. property tax$0/mo

Total monthly$2,633

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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