$599,900

For sale

494 Lynwood Drive, Timmins (MTJ - Main Area) - Single Family for Sale

494 Lynwood Drive, Timmins (MTJ - Main Area), Ontario, P4N8J6

3 beds2 baths5 parking2,250 ft²68 × 88 ft (5,983 sq ft) lot sizeListed 8 days ago

Overview

This 3-bedroom, 2-bathroom home in Timmins is for sale offering roughly 2,250 sq ft of space. Its $599,900 asking price sits right in line with the $575,000 median in Timmins. It has been on the market 8 days, fresher than the Timmins average of 15 days.

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Description

Welcome to this beautifully updated three-bedroom home featuring two full bathrooms and plenty of space for the entire family! With nothing left to do but move in, this home is sure to impress! Enjoy a spacious dining room with a cozy sitting area, an open-concept kitchen overlooking the sunken living room, and a large recreation room complete with a wet bar-perfect for entertaining! The attached 15' x 23' heated garage features durable epoxy flooring, offering both comfort and functionality. Last but certainly not least, step outside into your fully fenced backyard oasis, featuring a newly installed stone patio and beautiful composite decking-perfect for relaxing or entertaining family and friends! Mpac code 303, Gas monthly 100, hydro 190 monthly, water and sewer 1700 (id:66096)

Property Details

MLS®: T14121552
Property Type: Single Family
Zoning: NA-R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 2,250 ft²
Lot Size: 68 × 88 ft (5,983 sq ft)
Frontage: 68 ft
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $7,604/yr
Listed: 8 days ago

Rooms

Main level

Kitchen: 6.9 x 4.5 meters
Living room: 4.6 x 6.8 meters
Dining room: 4.5 x 4 meters
Sitting room: 2.9 x 4 meters

Second level

Bedroom: 3.7 x 3.9 meters
Bedroom: 3.4 x 2.58 meters
Bedroom: 3.5 x 3.1 meters

Basement

Recreational, Games room: 7.3 x 6.6 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, Stove, Dryer
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Irregular lot size

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

Timmins (MTJ - Main Area) listings, avg age

15d

Price / ft²

$267

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 103.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Timmins (MTJ - Main Area) has been listed for 8 days, which is 7 days fresher than the city average of 15. Act while there is still low competition.

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Listed by REALTY NETWORKS INC. · Marcus Richard

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P4N)

This home lists at $599,900, about 8.2× the local median household income of $73,500.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.

Median household income: $73,500
Population: 24,098
Median age: 42.8
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P4N)

$599,900· $267/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.)$634/mo

Total monthly$3,766

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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