$320,000

For sale

1107 Colborne Road, Sarnia - Single Family for Sale

1107 Colborne Road, Sarnia, Ontario, N7V3K8

2 beds1 bath5,009 sq ft (0.11 ac) lot sizeListed 35 days ago

Overview

This 2-bedroom, 1-bathroom home in Sarnia is for sale. Listed at $320,000, it is attractively priced about 29% below the $449,900 median asking price in Sarnia. It has been on the market 35 days, fresher than the Sarnia average of 68 days.

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Description

Welcome to this super cute, 2 bedroom, one floor bungalow located in a fantastic neighbourhood! Freehold ownership means you own the land and home with no condo fees, rules, or restrictions. Featuring wheelchair accessibility, main floor laundry and an updated bathroom this layout is designed for total convenience. Whether you're a first time buyer or looking to downsize, this home offers the perfect blend of comfort, convenience, and charm. Enjoy the outdoors year round enclosed deck for relaxing, entertaining while staying protected from the elements. Roof is dual roof with flat second pitch roof with shingles. Solid block home sided over for added insulation and style. Fenced backyard offers privacy and includes a handy hydro workshop perfect for hobbies or extra storage. Inside love the open concept layout feels bright and airy, with thoughtfully designed floorpan that maximizes every square foot. This home is truly turn key just move in and start enjoying! Don't miss this opportunity to own a stylish, low maintenance North End home with great outdoor features including a patio. (id:66096)

Property Details

MLS®: 26024039
Property Type: Single Family
Zoning: UR1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Lot Size: 5,009 sq ft (0.11 ac)
Year Built: 1941
Storeys: 1
Style: Bungalow
Heating: Heat Pump, Electric, Natural gas, Ductless, Furnace
Cooling: Heat Pump
Ownership: Freehold
Listed: 35 days ago

Rooms

Main level

Kitchen: 10 x 11
Laundry room: 7 x 7
Enclosed porch: 17 x 12
Great room: 13 x 25
Primary Bedroom: 15 x 10

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Concrete Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Sarnia listings, avg age

68d

List price

$320K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 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 Sarnia has been listed for 35 days, which is 33 days fresher than the city average of 68. Act while there is still low competition.

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Listed by Coldwell Banker Southwest Realty · Sandra Gvozdenovic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7V)

This home lists at $320,000, about 3.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $62,507 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 11,611
Median age: 51.6
Owner / renter: 74% / 27%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N7V)

$320,000

For sale

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Full Cost Breakdown

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Down Payment5% · $16,000

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,160 capitalized)

Est. property tax$267/mo

Total monthly$1,952

Cash Needed to Close

Down payment (5%)$16,000

Land transfer tax$3,275

Est. closing costs$3,460

Total cash needed$22,735

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