$539,000

For sale

11141 Churchill Avenue, Wainfleet (Lakeshore) - Single Family for Sale

11141 Churchill Avenue, Wainfleet (Lakeshore), Ontario, L3K5V4

3 beds1 bath2 parking900 ft²50 × 117 ft (5,850 sq ft) lot sizeListed 95 days ago

Overview

This 3-bedroom, 1-bathroom home in Wainfleet is for sale offering roughly 900 sq ft of space. Listed at $539,000, it is attractively priced about 17% below the $649,900 median asking price in Wainfleet.

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Description

Some cottages give you a lake view. This one gives you the whole summer. Welcome to 11141 Churchill Avenue, a cheerful 3-bedroom, 3-season cottage with approximately 40 feet of direct shoreline on family-friendly Sunset Bay. Set on a 50 x 117-foot lot, the property offers a grassy waterfront yard, mature trees, a sandy bottom and shallow water calm cove-perfect for swimming, paddling, sandcastles and unforgettable pink sunsets. Inside are three bedrooms under one roof, a comfortable living space, practical kitchen, new flooring and ceilings completed in 2023, a new pantry, vinyl windows and a 2023 cistern. Sunset Bay has enjoyed an informal cottage association for more than 30 years, with two community docks, an annual BBQ, live music and generations of long-term owners. Minutes to groceries, golf, restaurants, mini-putt, ice cream and Port Colborne, and approximately one hour from Hamilton. Rental income potential, subject to approvals. Optional $10,000 turn-key interior and exterior chattel package available separately. (id:66096)

Property Details

MLS®: X13629260
Property Type: Single Family
Zoning: RR1/H
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 117 ft (5,850 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Natural gas, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Family room: 5.49 x 3.76 meters
Kitchen: 4.01 x 3.35 meters
Primary Bedroom: 3.36 x 2.59 meters
Bedroom 2: 3.36 x 2.01 meters
Bedroom 3: 3.71 x 2.14 meters

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

Features

Appliances: Refrigerator, Gas stove(s), Water Heater
Foundation: Unknown
Exterior: Hardboard
Lot Features: Level, Carpet Free, Sump Pump

Services

Sewer: Holding Tank
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

95d

Wainfleet (Lakeshore) listings, avg age

95d

Price / ft²

$599

List price

$539K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 93.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Wainfleet (Lakeshore) has been listed for 95 days, right at the city average. A solid opportunity worth looking into.

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Listed by Bradbury Estate Realty Inc., Brokerage · DIANNA BRADBURY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3K)

This home lists at $539,000, about 7.7× the local median household income of $70,000.

Carrying it typically needs a household income of about $105,286 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $70,000
Population: 19,458
Median age: 50.8
Owner / renter: 73% / 27%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L3K)

$539,000· $599/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,900

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,404 capitalized)

Property tax (est.)$410/mo

Total monthly$3,238

Cash Needed to Close

Down payment (5.36%)$28,900

Land transfer tax$7,255

Est. closing costs$4,117

Total cash needed$40,272

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