$350,000

For sale

56 Mondamin Street, St. Thomas - Single Family for Sale

56 Mondamin Street, St. Thomas, Ontario, N5P2V3

2 beds1 bath4 parking900 ft²97 × 39 ft (3,773 sq ft) lot sizeListed 34 days ago

Overview

This 2-bedroom, 1-bathroom home in St. Thomas is for sale offering roughly 900 sq ft of space. Listed at $350,000, it is attractively priced about 37% below the $552,535 median asking price in St. Thomas. It has been on the market 34 days, fresher than the St. Thomas average of 71 days.

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Description

Welcome to 56 Mondamin Street, located two blocks from the heart of downtown St. Thomas, with easy walking access to shops, the public library, heath care facilities, municipal government services and a diverse selection of dining establishments. Put on your walking shoes, and take a tour of a wide array of some really good ethnic culinary choices, stop at the library on your way home and pick up your reading for the week, and pull up a chair on your small, private deck, and just chill. Everything in this compact home has been redone; the walls were stripped back and the old has been removed. New insulation, electrical, plumbing, kitchen, bathroom, bedrooms and flooring inside, outside new siding, soffit and fascia, doors, windows, and deck are only a partial list of the home's improvements. Every detail in this remodel has been thoughtfully considered, and excellently implemented. Municipal inspections have accompanied all work. This home would be ideal for a senior couple to enjoy without issue, or a single Mom with no time or resources to address any problems arising from a bad renovation. I am confident this property will provide a safe and stress free subsistence. Immediate occupancy is available. I invite you to take the tour and determine if this sweet one floor home might be just what you have been looking for. ** This is a linked property.** (id:66096)

Property Details

MLS®: X13850666
Property Type: Single Family
Zoning: R4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 97 × 39 ft (3,773 sq ft)
Frontage: 97 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Partial, None, N/A
Heating: Forced air, Other
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Primary Bedroom: 3.71 x 3.4 meters
Living room: 3.53 x 3.35 meters
Family room: 4.42 x 3.58 meters
Bedroom 2: 3.71 x 2.92 meters
Kitchen: 3.66 x 3.3 meters
Other: 3.12 x 2.57 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
Foundation: Block
Exterior: Vinyl siding
Lot Features: Irregular lot size, Flat site, Dry

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

34d

St. Thomas listings, avg age

71d

Price / ft²

$389

List price

$350K

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 34 days, which is 37 days fresher than the city average of 71. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · LINDA TRUEMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5P)

This home lists at $350,000, about 4.5× the local median household income of $77,500.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 21,081
Median age: 42.8
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N5P)

$350,000· $389/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,500

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,300 capitalized)

Property tax (est.)$168/mo

Total monthly$2,011

Cash Needed to Close

Down payment (5%)$17,500

Land transfer tax$3,725

Est. closing costs$3,550

Total cash needed$24,775

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