$835,000

For sale

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70 Dearing Drive, South Huron (Stephen) - Single Family for Sale

70 Dearing Drive, South Huron (Stephen), Ontario, N0M1T0

3 beds2 baths4 parking ft²

351 Shannon Boulevard, South Huron (Stephen), Ontario, N0M1T0

2 bd2 ba3 pk1,300 ft²

Listed by RE/MAX BLUEWATER REALTY INC.

29 Dearing Drive, South Huron (Stephen), Ontario, N0M1T0

For sale

13 days ago

$1.60M

29 Dearing Drive, South Huron (Stephen), Ontario, N0M1T0

4 bd4 ba6 pk2,250 ft²Lot size 50 × 195 ft (9,730 sq ft)

30 King Street North, South Huron (Stephen), Ontario, N0M1M0

4 bd2 ba6 pk2,250 ft²Lot size 81 × 159 ft (12,887 sq ft)

Listed by Sutton Group - First Choice Realty Ltd.

201 Biltmore Drive, South Huron (Stephen), Ontario, N0M1T0

For sale

21 days ago

$420K

201 Biltmore Drive, South Huron (Stephen), Ontario, N0M1T0

2 bd2 ba2 pk900 ft²

Listed by RE/MAX ICON REALTY

Investment analysis

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$835,000

South Huron

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Description

NEW Magnus Model to Sol Haven! Introducing the Sage Model, Featuring 1774 sqft, having the option for either a 2 or 3 bedroom varient. Designed with high-end standard finishes and exceptional layout enhancements. Multiple models to see in our Sol Haven site - Built by Magnus Homes-offering premium standard finishes and fully customizable designs. (id:66096)

Property Details

MLS®: X13747550
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 51 × 110 ft (5,610 sq ft)
Frontage: 51 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Listed: 61 days ago

Market Timing

Days on market

61d

South Huron (Stephen) listings, avg age

74d

Price / ft²

$477

List price

$835K

Homes here sell slower than most markets

Sold homes in this market spent an average of 71 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (N0M)

This home lists at $835,000, about 9.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $163,105 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.

Median household income: $91,000
Population: 69,177
Median age: 46
Owner / renter: 82% / 18%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N0M)

$835,000· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment7.01% · $58,500.00

Min 7.01%50%

Mortgage payment$4,305/mo

↳ CMHC premium ($31,060 capitalized)

Est. property tax$0/mo

Total monthly$4,305

Cash Needed to Close

Down payment (7.01%)$58,500

Land transfer tax$13,175

Est. closing costs$5,005

Total cash needed$76,680

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

70 Dearing Drive, South Huron (Stephen) - Single Family for Sale

Rental cashflow calculator

Description

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Neighbourhood profile (N0M)

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