$349,900

For saleJust listed

42 FOURTH Street, Tillsonburg - Single Family for Sale

42 FOURTH Street, Tillsonburg, Ontario, N4G1H2

2 beds1 bath3 parking1,171 ft²Listed 6 days ago

Overview

This 2-bedroom, 1-bathroom home in Tillsonburg is for sale offering roughly 1,171 sq ft of space. It has been on the market 6 days, fresher than the Tillsonburg average of 77 days.

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Description

Welcome to this cozy and comfortable 1.5-storey home, ideally located in central Tillsonburg, close to shopping, schools, parks, and all essential amenities. Featuring 2 bedrooms and 1 bathroom, this home offers a welcoming atmosphere and is an excellent opportunity for first-time home buyers looking to enter the market. Situated on a corner lot, the property features a fenced-in backyard, perfect for enjoying the outdoors, along with the added convenience of a detached single-car garage. Whether you're looking to settle into your first home or searching for a property with plenty of charm, this home is full of potential. Currently tenanted, the property will be vacant as of December 1st, offering an opportunity for buyers to plan their next move. (id:66096)

Property Details

MLS®: 40874869
Property Type: Single Family
Zoning: SC(H)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,171 ft²
Frontage: 50 ft
Year Built: 1900
Storeys: 2
Style: Bungalow
Basement: Unfinished, Partial
Heating: Forced air
Cooling: None
Garage: Detached Garage
Ownership: Freehold
Property Tax

Rooms

Second level

Bedroom: 11'10'' x 13'7''
Primary Bedroom: 11'10'' x 14'1''

Main level

4pc Bathroom
Mud room: 4'4'' x 7'8''
Kitchen: 11'6'' x 14'7''
Dining room: 11'3'' x 16'11''
Living room: 12'1'' x 16'11''

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

Features

Appliances: Refrigerator, Stove
Foundation: Poured Concrete
Exterior: Stucco

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Tillsonburg listings, avg age

77d

Price / ft²

$299

List price

$350K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Tillsonburg has been listed for 6 days, which is 71 days fresher than the city average of 77. Act while there is still low competition.

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Listed by RE/MAX Erie Shores Realty Inc. Brokerage · Mason Adcock

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4G)

This home lists at $349,900, about 4.7× the local median household income of $75,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,000
Population: 21,519
Median age: 47.6
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4G)

$349,900· $299/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$171/mo

Total monthly$2,014

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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

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