$599,900

For sale

16 Armstrong Street, Strathroy-Caradoc (Mount Brydges) - Single Family for Sale

16 Armstrong Street, Strathroy-Caradoc (Mount Brydges), Ontario, N0L1E0

3 beds3 baths4 parking1,750 ft²40 × 137 ft (5,474 sq ft) lot sizeListed 72 days ago

Overview

This 3-bedroom, 3-bathroom home in Strathroy-Caradoc is for sale offering roughly 1,750 sq ft of space. Listed at $599,900, it is attractively priced about 23% below the $774,900 median asking price in Strathroy-Caradoc.

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Description

Opportunity Knocks. Here is a home that needs to be returned to its former glory , with a little bit of sweat , equity , this 5 year old 2 story home could be a heck of a deal for someone.. There was water damage on the 1st and 2nd floors which required all the flooring to be torn out and the drywall to be cut back about four inches throughout most of the house , the kitchen island is missing and the vanity in the one bathroom. Otherwise , everything else in the home is still in great shape and is only five years old, there are 2 bathrooms fully intact and the kitchen cupboards are still in good shape other than the lack of the island. The remediation company tore out and cleaned anything that was wet, and it is fully ready to be put back together. (id:66096)

Property Details

MLS®: X13716040
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 40 × 137 ft (5,474 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage, Inside Entry
Ownership: Freehold
Property Tax: $4,188/yr

Features

Foundation: Poured 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

72d

Strathroy-Caradoc (Mount Brydges) listings, avg age

64d

Price / ft²

$343

List price

$600K

Haho

This 3-bed single family in Strathroy-Caradoc (Mount Brydges) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SAKER REALTY CORPORATION · DEREK SAKER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $599,900, about 6.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$599,900· $343/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$349/mo

Total monthly$3,481

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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