$470,000

For sale

6 William Street, Tillsonburg - Single Family for Sale

6 William Street, Tillsonburg, Ontario, N4G1L7

3 beds2 baths7 parking1,300 ft²87 × 120 ft (10,452 sq ft) lot sizeListed 17 days ago

Overview

This 3-bedroom, 2-bathroom home in Tillsonburg is for sale offering roughly 1,300 sq ft of space. Listed at $470,000, it is attractively priced about 25% below the $629,000 median asking price in Tillsonburg. It has been on the market 17 days, fresher than the Tillsonburg average of 77 days.

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Description

Welcome to a diamond in the rough with incredible equity-building potential! Nestled on an expansive, nearly 1/4-acre lot in a highly desirable neighbourhood, this solidly built and beautifully maintained home is ready for your personal touch.Extra deep garage. There is a covered deck off the dinning room to enjoy the evening views. From the moment you walk in, you'll appreciate the clean condition of the home and the gorgeous, mature grounds surrounding it. Whether you want to move in and update over time, plan a stunning modern renovation, or expand the footprint, the possibilities here are endless. Don't miss this rare opportunity to invest in a premier location and design your dream lifestyle! Properties with this size lot in this calibre of neighbourhood rarely come to market at this price so act fast to unlock its full value! (id:66096)

Property Details

MLS®: X14096510
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 87 × 120 ft (10,452 sq ft)
Frontage: 87 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Radiant heat, Electric, Other
Cooling: Wall unit
Garage: Attached Garage, Garage
Ownership: Freehold

Rooms

Basement

Foyer: 3.02 x 3.68 meters
Laundry room: 3.96 x 3.94 meters
Bathroom: 1.91 x 1.19 meters
Recreational, Games room: 3.89 x 7.72 meters
Cold room: 1.63 x 1.22 meters

Main level

Bedroom 2: 2.92 x 3.18 meters
Bedroom 3: 3.3 x 3.73 meters
Living room: 4.78 x 4.01 meters
Dining room: 2.92 x 3.02 meters
Kitchen: 2.9 x 3.61 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Concrete
Exterior: Brick

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

17d

Tillsonburg listings, avg age

77d

Price / ft²

$362

List price

$470K

Homes here sell slower than most markets

Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Tillsonburg has been listed for 17 days, which is 60 days fresher than the city average of 77. Act while there is still low competition.

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Listed by RE/MAX ADVANTAGE REALTY LTD. · MICHAEL MELS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4G)

This home lists at $470,000, about 6.3× the local median household income of $75,000.

Carrying it typically needs a household income of about $91,807 (20% down, 25-yr amortization, stress-tested) — roughly 22% above 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)

$470,000· $362/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,500

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,860 capitalized)

Property tax (est.)$284/mo

Total monthly$2,760

Cash Needed to Close

Down payment (5%)$23,500

Land transfer tax$5,875

Est. closing costs$3,910

Total cash needed$33,285

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