$449,900

$499,900For salePrice drop↓ $50,000 (10%)

283 RIDOUT Street, West Elgin (Rodney) - Single Family for Sale

283 RIDOUT Street, West Elgin (Rodney), Ontario, N0L2C0

2 beds2 baths2 parking1,300 ft²67 × 127 ft (8,476 sq ft) lot sizeListed 30 days ago

Overview

This 2-bedroom, 2-bathroom home in West Elgin is for sale offering roughly 1,300 sq ft of space. Listed at $449,900, it is attractively priced about 26% below the $609,000 median asking price in West Elgin. It has been on the market 30 days, fresher than the West Elgin average of 186 days.

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Description

Don West Custom Homes is proud to present The Bentley - 1387 square foot Bungalow model located on Ridout Street in the growing village of Rodney. The house is now move-in ready. Upon entry, you have a welcoming foyer with access to the large Great Room. Engineered hardwood & tile flooring throughout the main floor. Open-concept kitchen with quartz countertops that flows nicely to the Dinette & Great Room. Large Primary bedroom with 3-piece ensuite bathroom and walk-in closet. Additional Bedroom and 4 pc Bathroom perfect for guests. Main level laundry for that added convenience. This home comes equipped with over $20,000 dollars in additional upgrades!*Price reflects potential HST rebate. Rebate subject to government approval and buyer eligibility. This home is fully covered under Ontario's New Home Warranty Program. NO HST TO QUALIFIED BUYERS IF PURCHASED BEFORE MARCH 31, 2027. (id:66096)

Property Details

MLS®: X13861872
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 67 × 127 ft (8,476 sq ft)
Frontage: 67 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,025/yr
Listed

Rooms

Main level

Foyer: 3 x 1.9 meters
Laundry room: 2.8 x 1.9 meters
Kitchen: 3.9 x 3.6 meters
Dining room: 3.2 x 3.6 meters
Great room: 6.3 x 3.6 meters
Bedroom 2: 4.1 x 3.4 meters
Primary Bedroom: 4.5 x 4 meters

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

Features

Appliances: Water Heater - Tankless
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

West Elgin (Rodney) listings, avg age

186d

Price / ft²

$346

List price

$450K

Haho

This 2-bed single family in West Elgin (Rodney) has been listed for 30 days, which is 156 days fresher than the city average of 186. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · TYLER BESLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $449,900, about 4.5× the local median household income of $100,000.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$449,900· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$169/mo

Total monthly$2,538

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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