$399,999

For sale

15 Wallick Drive, Trent Hills - Single Family for Sale

15 Wallick Drive, Trent Hills, Ontario, K0K1L0

3 beds2 baths10 parking1,750 ft²Listed 30 days ago

Overview

This 3-bedroom, 2-bathroom home in Trent Hills is for sale offering roughly 1,750 sq ft of space. Listed at $399,999, it is attractively priced about 37% below the $639,900 median asking price in Trent Hills. It has been on the market 30 days, fresher than the Trent Hills average of 96 days.

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Description

BUILDER, CONTRACTOR & INVESTOR OPPORTUNITY - NOW $399,999! This unfinished barndominium-style project on approximately 1.2 acres in Trent Hills has been repositioned to attract a buyer ready to take over and complete the property. Approximately 1,990 sq. ft. with a planned 3-bedroom, 2-bathroom layout, office, main-floor laundry and open-concept kitchen, dining and great-room area. Significant construction is already in place, including the concrete slab/foundation, steel-clad structure and roof, windows, exterior door s and spray-foam insulation. Solar panels and related electrical equipment are installed; final ESA acceptance remains outstanding and the system is not represented as operational. Mini-split heat-pump equipment and indoor heads are included, with installation incomplete. Various cabinetry, plumbing/bathroom fixtures, surveillance cameras, equipment and materials on site are also intended to be included, subject to the Agreement of Purchase and Sale. The property currently has no functioning water supply or septic system. A previous water-catchment system was damaged by snow load and the condition/usability of remaining components has not been verified. Occupancy approval has not been obtained. Municipal permit/inspection records, engineering documents and a detailed project information package are available for serious buyers to review. Property is being sold in its current unfinished condition. Buyer to complete their own due diligence regarding construction, services, equipment, approvals and completion requirements. Offers welcome anytime. Seller is looking for a timely sale. Buyers interested in taking over an established project are encouraged to review the available documentation and act promptly. HST, if applicable, is in addition to the purchase price. (id:66096)

Property Details

MLS®: X13874282
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 10
Interior Size: 1,750 ft²
Frontage: 182 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Other, Other
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $518.46/yr
Listed: 30 days ago

Features

Foundation: Slab
Exterior: Aluminum siding
Lot Features: Solar Equipment

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Trent Hills listings, avg age

96d

Price / ft²

$229

List price

$400K

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 3-bed single family in Trent Hills has been listed for 30 days, which is 66 days fresher than the city average of 96. Act while there is still low competition.

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Listed by ROYAL LEPAGE NRC REALTY · GREG BALANOFF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $399,999, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$399,999· $229/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$43/mo

Total monthly$2,150

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$4,475

Est. closing costs$3,700

Total cash needed$28,175

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