320 Ninth Avenue, Cochrane, ON
Property no longer active
This property was sold on November 11, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Cochrane. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $189,900 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.
- 4 Bedrooms and 3 Bathrooms
- Spacious lot size measured in Feet
- Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Unknown
- equipped with unknown central cooling and highly efficient forced air heating via gas
Description
Income property on a corner lot near schools, beach and hospital! This duplex, located at 320 Ninth Avenue, features a main floor open-concept kitchen, living room, two bedrooms + bathroom with laundry hookup PLUS a vacant room that can be converted into a third bedroom and has it’s own outside access. The upper level apartment has an open-concept kitchen, living room, two bedrooms, a bathroom and laundry hook up. The basement has outside access to a utility room, workshop and has potential for a third apartment. This lot has plenty of parking space and a garage. Updates include siding 2018, furnace 2016 and roof 2016. This is a fantastic investment opportunity!
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Property Summary
This multiplex located at 320 Ninth Avenue, Cochrane is currently for sale and has been available on SousaSells for 770 days. This property is listed at $189,900 with an estimated mortgage of $632* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 320 Ninth Avenue, Cochrane is in the Cochrane neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 320 Ninth Avenue, Cochrane, ON P0L 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cochrane, ON
For a property listed at $189,900 in Cochrane, the legal minimum down payment is $9,495 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 $1,624 for this transaction. As this listing is in Cochrane (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,624.
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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.