$675,000

For sale

12893 OLD LAKESHORE Road, Wainfleet (Lakeshore) - Single Family for Sale

12893 OLD LAKESHORE Road, Wainfleet (Lakeshore), Ontario, L0S1V0

2 beds1 bath2 parking900 ft²40 × 290 ft (11,641 sq ft) lot sizeListed 138 days ago

Overview

This 2-bedroom, 1-bathroom home in Wainfleet is for sale offering roughly 900 sq ft of space. Its $675,000 asking price sits right in line with the $649,900 median in Wainfleet.

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Description

Ahhh... Life at the Beach! Nestled on a quiet dead-end street along the shores of beautiful Lake Erie, this charming 2-bedroom home offers the waterfront lifestyle you've been dreaming of. Take in breathtaking lake views from the stunning great room, featuring soaring vaulted ceilings and a wall of windows that fills the space with natural light. Step outside to the front patio and enjoy spectacular sunsets that paint the sky each evening. The main floor also offers an updated kitchen, two comfortable bedrooms, and a 3-piece bathroom. A full basement provides excellent storage and offers potential for future upgrades, including accommodation for a forced-air gas furnace. Additional features include vinyl windows, baseboard heating, hot water tank (2026), insulation in walls and attic, 2500 gallon cistern and a newer breakwall. A wonderful opportunity to own your own slice of Lake Erie and create lasting family memories for years to come. (id:66096)

Property Details

MLS®: X13465778
Property Type: Single Family
Zoning: RLS.C25
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 290 ft (11,641 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership

Rooms

Main level

Kitchen: 3.1 x 3.51 meters
Living room: 7.16 x 4.52 meters
Dining room: 4.14 x 3.28 meters
Primary Bedroom: 4.55 x 2.92 meters
Bedroom: 3.3 x 2.9 meters
Bathroom: 1.87 x 1.34 meters

Basement

Workshop: 6.93 x 4.88 meters

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

Features

Appliances: Water Treatment, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Cul-de-sac, Level, Sump Pump

Services

Water: Cistern
Sewer: Holding Tank
Utilities: Electricity, Telephone, Wireless, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

138d

Wainfleet (Lakeshore) listings, avg age

95d

Price / ft²

$750

List price

$675K

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 2-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 RE/MAX NIAGARA REALTY LTD, BROKERAGE · Kate Ostryhon-Lumsden

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $675,000, about 7.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 39% 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)

$675,000· $750/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,500.00

Min 6.30%50%

Mortgage payment$3,507/mo

↳ CMHC premium ($25,300 capitalized)

Property tax (est.)$619/mo

Total monthly$4,126

Cash Needed to Close

Down payment (6.30%)$42,500

Land transfer tax$9,975

Est. closing costs$4,525

Total cash needed$57,000

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