$524,900

$549,900For salePrice drop↓ $25,000 (5%)

2990 Lobsinger Line, Woolwich - Single Family for Sale

2990 Lobsinger Line, Woolwich, Ontario, N0B2M1

2 beds1 bath3 parking1,300 ft²45 × 128 ft (5,674 sq ft) lot sizeListed 37 days ago

Overview

This 2-bedroom, 1-bathroom home in Woolwich is for sale offering roughly 1,300 sq ft of space. It has been on the market 37 days, fresher than the Woolwich average of 71 days.

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Description

Full of character and possibility, this 1.5-storey century home is located in the desirable village of Heidelberg, just minutes from St. Jacobs and Waterloo. The upper level currently offers two bedrooms, with the original 3 bedroom layout partially opened into one a larger space between two bedrooms that could be enclosed again. A main-floor den (previously used as a bedroom), adds even more flexibility. The large open concept kitchen and dining room are the perfect place for holiday dinners or gathering after school or work. The sunken living room is bright and sunny, leading outside to a fenced yard with a deck and an oversized detached garage (with separate panel in 2021) offering abundant space for storage, woodworking, a home gym or hobbies. With the roof already replaced (2024/2026), plumping updated and plenty of opportunity for further updates (some newer windows, furnace/AC 2019, Water Softener 2021, some newer windows 2019) to add your own finishing touches, this is a wonderful chance to personalize a character home in a sought-after location close to lots of amenities while still keeping that small town feel. (id:66096)

Property Details

MLS®: X13836110
Property Type: Single Family
Zoning: R
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 45 × 128 ft (5,674 sq ft)
Frontage: 45 ft
Storeys: 1
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,264/yr
Listed

Rooms

Main level

Dining room: 5.21 x 2.24 meters
Kitchen: 5.08 x 3.43 meters
Living room: 3.53 x 5.92 meters
Office: 3.84 x 3.58 meters

Second level

Den: 2.41 x 3.28 meters
Bedroom 2: 3.3 x 2.46 meters
Bedroom: 4.34 x 2.92 meters
Bathroom: 1.8 x 2.44 meters

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

Features

Appliances: Water softener
Foundation: Stone
Exterior: Steel, Vinyl siding

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Woolwich listings, avg age

71d

Price / ft²

$404

List price

$525K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Woolwich has been listed for 37 days, which is 34 days fresher than the city average of 71. Act while there is still low competition.

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Listed by Red And White Realty Inc · ALLISON JASPERS-FAYER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $524,900, about 4.4× the local median household income of $120,000.

Carrying it typically needs a household income of about $102,531 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $120,000
Population: 86,919
Median age: 42.8
Owner / renter: 88% / 12%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N0B)

$524,900· $404/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,490

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,896 capitalized)

Property tax (est.)$272/mo

Total monthly$3,030

Cash Needed to Close

Down payment (5.24%)$27,490

Land transfer tax$6,973

Est. closing costs$4,075

Total cash needed$38,538

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