$398,888

For saleJust listed

420 Forest Avenue, St. Thomas - Single Family for Sale

420 Forest Avenue, St. Thomas, Ontario, N5R2K9

2 beds2 baths2 parking900 ft²16 × 136 ft (2,170 sq ft) lot sizeListed 6 days ago

Overview

This 2-bedroom, 2-bathroom home in St. Thomas is for sale offering roughly 900 sq ft of space. Listed at $398,888, it is attractively priced about 28% below the $552,669 median asking price in St. Thomas. It has been on the market 6 days, fresher than the St. Thomas average of 71 days.

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Description

Welcome to this move-in-ready freehold townhome in St Thomas, offering an excellent opportunity for first-time home buyers looking to step into homeownership. Featuring 2 bedrooms and 2 bathrooms, this home combines comfortable living with the added benefit of no condo fees. Enjoy the convenience of being close to all amenities, making everyday errands and daily living easy. The beautiful rear courtyard provides a lovely outdoor space to relax, unwind, or entertain family and friends. Whether you're a first-time buyer or looking for a place to call your own, this inviting townhome offers comfort, convenience, and the freedom of freehold ownership. Don't miss your opportunity to make this home yours! (id:66096)

Property Details

MLS®: X14126254
Property Type: Single Family
Zoning: R 5-7
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 16 × 136 ft (2,170 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 4.72 x 4.41 meters
Kitchen: 3.65 x 2.79 meters

Second level

Primary Bedroom: 3.96 x 3.04 meters
Bedroom: 3.73 x 2.43 meters

Lower level

Family room: 4.57 x 4.41 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Foundation: Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

St. Thomas listings, avg age

71d

Price / ft²

$443

List price

$399K

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in St. Thomas has been listed for 6 days, which is 65 days fresher than the city average of 71. Act while there is still low competition.

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Listed by BLUE FOREST REALTY INC. · DOUG GALBRAITH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5R)

This home lists at $398,888, about 5.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $77,917 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 30,680
Median age: 44.8
Owner / renter: 74% / 26%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N5R)

$398,888· $443/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,944.40

Min 5%50%

Mortgage payment$2,101/mo

↳ CMHC premium ($15,158 capitalized)

Property tax (est.)$164/mo

Total monthly$2,265

Cash Needed to Close

Down payment (5%)$19,944

Land transfer tax$4,458

Est. closing costs$3,697

Total cash needed$28,100

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