$575,000

$595,000For salePrice drop↓ $20,000 (3%)

42058 Hwy 3, Wainfleet (Marshville/Winger) - Single Family for Sale

42058 Hwy 3, Wainfleet (Marshville/Winger), Ontario, L0S1V0

2 beds1 bath7 parking900 ft²88 × 219 ft (19,184 sq ft) lot sizeListed 61 days ago

Overview

This 2-bedroom, 1-bathroom home in Wainfleet is for sale offering roughly 900 sq ft of space. Listed at $575,000, it is attractively priced about 35% below the $879,000 median asking price in Wainfleet. It has been on the market 61 days, fresher than the Wainfleet average of 91 days.

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Description

Immediate possession is available on this well-cared for bungalow in desirable Wainfleet Township. This open concept 2 bedroom bungalow has an updated kitchen with sliding glass doors to the covered rear deck.The original 3rd bedroom has been converted to a huge main floor family room with more glass doors to the covered deck. or maybe your primary bedroom retreat! It will definitely be your favourite reading nook! The full basement offers an in-law potential or just extra space for the kids to hang out. You will love winter nights in front of your gas fireplace or making hot chocolate at the kitchenette. Sitting on a 80.00 x 217.00 foot lot you will love summer dinners on your rear patio with no rear neighbours or tinkering in your detached garage. Updates include whole house generator, vinyl windows, owned hot water tank (2021), gas forced air furnace(2016), c/air unit, vinyl siding, shingles, washer, dryer (2021) (id:66096)

Property Details

MLS®: X13746596
Property Type: Single Family
Zoning: A1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 900 ft²
Lot Size: 88 × 219 ft (19,184 sq ft)
Frontage: 88 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Kitchen: 5.05 x 3.45 meters
Living room: 4.42 x 3.5 meters
Bathroom: 1.85 x 2.37 meters
Primary Bedroom: 3.08 x 3.4 meters
Bedroom: 2.72 x 3.4 meters
Family room: 6.46 x 3.82 meters

Basement

Recreational, Games room: 11.26 x 6.9 meters
Utility room: 3.25 x 3.4 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, Central Vacuum, Dishwasher, Stove, Dryer, Garage door opener, Garage door opener remote(s), Water Heater
Foundation: Poured Concrete
Exterior: Stone, Vinyl siding
Lot Features: Carpet Free, Sump Pump

Services

Water: Cistern
Sewer: Septic System
Utilities: Electricity, Telephone, Wireless, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Wainfleet (Marshville/Winger) listings, avg age

91d

Price / ft²

$639

List price

$575K

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 (Marshville/Winger) has been listed for 61 days, which is 30 days fresher than the city average of 91. Act while there is still low competition.

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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 $575,000, about 6.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$575,000· $639/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$371/mo

Total monthly$3,379

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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