$525,000

For sale

11853 Lakeshore Road, Wainfleet (Lakeshore) - Single Family for Sale

11853 Lakeshore Road, Wainfleet (Lakeshore), Ontario, L0S1V0

3 beds1 bath4 parking350 ft²40 × 91 ft (3,643 sq ft) lot sizeListed 155 days ago

Overview

This 3-bedroom, 1-bathroom home in Wainfleet is for sale offering roughly 350 sq ft of space. Listed at $525,000, it is attractively priced about 19% below the $649,900 median asking price in Wainfleet.

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Description

All season Cottage With Panoramic Views. Full Of Character Including Most Original Doors AndHardwood Floors. This Charming Cottage Is Situated High Up On The Shores Of Lake Erie NearbyLong Beach. 5-Minute Walk To Secluded Beach. Vaulted Living Room Ceiling And Triple WideSliding Door To Take In The Stunning Views. Recent Updates: Insulated, Encapsulated AndWinterized For All Season Use - New Kitchen With Backsplash, Quartz Counters And Ss Appliances,New Bathroom, All New Electrical, Baseboard Heating, New Flooring And Lighting. Extras: OwnedUV Water System & Hot Water Heater, All Appliances Included, Rear Deck, Grass Yard, GasFireplace W/Remote, Steel Break Wall, Fence And Sunshade. Some Furniture May Be Included. Don'tMiss Out On Gem! Great Investment/Rental Opportunity! Move In Ready. Front Yard Parking For 4Vehicles. (id:66096)

Property Details

MLS®: X13227494
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 350 ft²
Lot Size: 40 × 91 ft (3,643 sq ft)
Frontage: 39 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Primary Bedroom: 7.25 x 11.58 meters
Bedroom 2: 7.41 x 9.42 meters
Bedroom 3: 7.41 x 9.55 meters
Kitchen: 7.41 x 11.42 meters
Living room: 15.32 x 15.26 meters
Dining room: 15.32 x 15.26 meters
Bathroom: 4.1 x 7.41 meters

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

Features

Appliances: Refrigerator, Stove, Microwave, Furniture, Water Heater - Tankless, Water Heater
Flooring: Hardwood
Foundation: Concrete
Exterior: Aluminum siding, Vinyl siding
Lot Features: Carpet Free, Guest Suite

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

155d

Wainfleet (Lakeshore) listings, avg age

95d

Price / ft²

$1,502

List price

$525K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by FIRST CLASS REALTY INC. · IAN HOANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $525,000, about 5.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $95,000
Population: 60,409
Median age: 53.2
Owner / renter: 87% / 13%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0S)

$525,000· $1,502/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$253/mo

Total monthly$3,011

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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