27 Cummings Avenue, Black River Matheson, ON

$365,000
MLS#:T9292690
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 24, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Matheson. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $365,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 130.35 x 99.64 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Other, Storage, Other
  • equipped with unknown central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunning family home set on a spacious double lot in Matheson. This raised bungalow offers seamless open-concept living on both floors. The main level boasts 3 generous bedrooms, a large dining and living area, and a recently updated 3-piece bathroom. The primary bedroom features a walk-out sliding door to an expansive deck, just steps away from a 6-person Arctic Spa Grizzly Hot Tub installed in 2022. The fully renovated basement (2017) is perfect for entertaining with a natural gas fireplace. Enjoy the vast, fully fenced backyard, complete with a 24' by 18' detached garage. New tin roof in 2022, Furnace is 2017, generator plug-in installed in 2022.

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Property Summary

This detached home located at 27 Cummings Avenue, Black River Matheson is currently for sale and has been available on SousaSells for 752 days. This property is listed at $365,000 with an estimated mortgage of $1,215* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 27 Cummings Avenue, Black River Matheson is in the Matheson neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionUnknown
BasementFinished
Lot Size130.35 × 99.64 Feet
CountyCochrane
Annual Tax$3,941
Legal DescriptionPCL 23842 SEC SEC SRO; PT BROKEN LT 6 CON 1 CARR BEING PT 4, 6R3415, PT 1, 6R4289 & PT 2, 6R4423; BLACK RIVER-MATHESON

Parking & Garage

Parking Spaces4.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingUnknown

Features

Property Features

Interior Features

Other, Storage, Other, Central Vacuum, Generator - Full, Water Purifier

Security Features

Community Features

Location

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27 Cummings Avenue, Black River Matheson, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 27 Cummings Avenue, Black River Matheson, ON P0K 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Black River Matheson.

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Interest Rate4.00%
Down Payment$109,500 (30.0%)
* Minimum Canadian down payment required for this price is $18,250.
Amortization Period30 Years
Estimated Monthly Payment$1,215Based on a loan of $255,500 over 30 years.
Purchase Price$365,000
Loan Amount$255,500
Provincial Land Transfer Tax:$3,950
Total Estimated Closing Taxes:$3,950

About Purchasing a Home in Black River Matheson, ON

For a property listed at $365,000 in Black River Matheson, the legal minimum down payment is $18,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,950 for this transaction. As this listing is in Black River Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,950.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Matheson, Black River-Matheson.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$298,235

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.