$1,199,900

For sale

8 Chancellor Drive, Woolwich - Single Family for Sale

8 Chancellor Drive, Woolwich, Ontario, N0B2M1

4 beds3 baths6 parking1,750 ft²77 × 174 ft (13,390 sq ft) lot sizeListed 36 days ago

Overview

This 4-bedroom, 3-bathroom home in Woolwich is for sale offering roughly 1,750 sq ft of space. It has been on the market 36 days, fresher than the Woolwich average of 71 days.

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Description

Heavenly in Heidelberg! Welcome to 8 Chancellor Drive - a rare opportunity to own an exceptional custom-built Richard Frede bungalow, lovingly maintained by it's original owners and offered for sale for the very first time! Set on an impressive 77x178 lot (approx 0.31-acre), this 3+1 bedroom, 2+1 bathroom home delivers over 3,200 square feet of beautifully finished living space. Step inside and appreciate 9' main-floor ceilings and a spectacular 14' vaulted ceiling in the Great Room where a cozy gas fireplace creates an unforgettable heart of the home. The bright, spacious layout offers wonderful flexibility for everyday living, working and entertaining. Outside, enjoy room to breathe with a stamped concrete patio, partially fenced yard, legal fire pit, 12'x12' shed, and underground front sprinklers. A double garage and concrete driveway provide parking for up to 6 vehicles. Experience peaceful small-town living surrounded by beautiful countryside, yet only 10 minutes to Waterloo and minutes from St. Jacobs Farmer's Market, local shops, farms and amenities. Country charm, exceptional space and city convenience - all in one remarkable home! (id:66096)

Property Details

MLS®: X13837660
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 77 × 174 ft (13,390 sq ft)
Frontage: 77 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Foyer: 3.02 x 2.72 meters
Living room: 5.59 x 6.02 meters
Dining room: 4.09 x 3.66 meters
Kitchen: 4.09 x 4.04 meters
Laundry room: 2.36 x 1.65 meters
Primary Bedroom: 5.54 x 5.61 meters
Bedroom: 3.73 x 3.96 meters
Bedroom: 3.61 x 3.35 meters

Basement

Other: 7.39 x 4.42 meters
Cold room: 2.72 x 2.39 meters

Features

Appliances: Washer, Refrigerator, Water purifier, Water softener, Central Vacuum, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Brick, Stucco
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Woolwich listings, avg age

71d

Price / ft²

$686

List price

$1.20M

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 4-bed single family in Woolwich has been listed for 36 days, which is 35 days fresher than the city average of 71. Act while there is still low competition.

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Listed by RE/MAX TWIN CITY REALTY INC. · LAURIE KEYES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $1,199,900, about 10.0× the local median household income of $120,000.

Carrying it typically needs a household income of about $234,382 (20% down, 25-yr amortization, stress-tested) — roughly 95% above 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)

$1,199,900· $686/ft²

For sale

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Full Cost Breakdown

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Down Payment7.92% · $94,990

Min 7.92%50%

Mortgage payment$6,126/mo

↳ CMHC premium ($44,196 capitalized)

Property tax (est.)$536/mo

Total monthly$6,662

Cash Needed to Close

Down payment (7.92%)$94,990

Land transfer tax$20,473

Est. closing costs$6,100

Total cash needed$121,563

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