$849,000

$880,000For salePrice drop↓ $31,000 (4%)

Council Road, South Bruce - Single Family for Sale

Council Road, South Bruce, Ontario, N0G1W0

5 beds3 baths8 parking1,750 ft²80 × 285 ft (22,800 sq ft) lot sizeListed 54 days ago

Overview

This 5-bedroom, 3-bathroom home in South Bruce is for sale offering roughly 1,750 sq ft of space. It has been on the market 54 days, fresher than the South Bruce average of 94 days.

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Description

Welcome to this gorgeous brand new 5 bedroom, 3 bathroom custom built home in a great new desirable neighbourhood in the community of Formosa. Nestled on a rare, oversized lot backing onto environmentally protected treed property, this home offers stunning views. The home features premium upgrades throughout, with a total living area of 2900 square feet, efficient ductless AC and 5 zone cozy in-floor heating that extends across both levels. The exterior boasts an oversized concrete driveway, an expansive two car garage, a covered elevated deck, and a lower concrete patio perfect for entertaining. The bright walk-out basement seamlessly connects to a large, landscaped yard that does extend out into the forest. Complete with modern utilities- a private well, municipal wastewater hookup, natural gas, and fibre internet- this property also qualifies for the new home HST rebate. Truly a must see! (id:66096)

Property Details

MLS®: X13774034
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 80 × 285 ft (22,800 sq ft)
Frontage: 80 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Walk out, N/A
Heating: Natural gas, Other
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,160/yr
Listed: 54 days ago

Rooms

Ground level

Bedroom: 3.1 x 3.66 meters
Bedroom: 3.1 x 3.66 meters
Bathroom: 2.29 x 2.44 meters
Kitchen: 6.15 x 3.96 meters
Pantry: 1.98 x 1.02 meters
Living room: 4.78 x 3.96 meters
Primary Bedroom: 3.66 x 3.96 meters
Mud room: 2.54 x 2.24 meters

Basement

Other: 3.25 x 3.38 meters
Recreational, Games room: 11.18 x 3.68 meters

Features

Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Sump Pump

Services

Water: Drilled Well
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

South Bruce listings, avg age

94d

Price / ft²

$485

List price

$849K

Haho

This 5-bed single family in South Bruce has been listed for 54 days, which is 40 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Wilfred McIntee & Co Limited · CALVIN ANSTETT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $849,000, about 10.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 100% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$849,000· $485/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$180/mo

Total monthly$4,555

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$13,455

Est. closing costs$5,047

Total cash needed$78,402

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