16 Durham Street, Cramahe, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Colborne. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $665,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 75 x 150 ft lot
- Features a finished with walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, Central Vacuum, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Offering exceptional versatility and long-term value, this raised bungalow built in 1988, is located in the heart of Colborne, a quiet, friendly community best known for the iconic Big Apple and the multipurpose Keeler Centre. Tucked away in a private neighbourhood within walking distance to the elementary school, local parks, and the curling club, this property stands out for the relaxed lifestyle and possibilities it offers. One of its greatest advantages is the thoughtful design featuring two kitchens: one on the main level and another in the fully finished lower level. Combined with a second paved driveway on the north side and a convenient lower level walkout, this house provides terrific potential for an in-law suite, private apartment for family members, or possibly an income-generating rental unit. The main floor offers an upgraded kitchen with quartz countertops and modern cabinetry, a bright living room, three bedrooms, and a full bathroom with a relaxing jetted tub, as well as a convenient laundry area. Sliding doors from the kitchen extend your living space outdoors to a deck complete with a gazebo, perfect for gatherings or quiet evenings. The lower level offers more living space with two additional bedrooms, a beautifully finished kitchen, a second full bathroom, separate laundry area, spacious rec room, storage room, and a walkout to the back patio. Outside, mature trees in the front and back set the stage for privacy along with a brick patio and interlocking brick walkways. Recent upgrades include: upgraded kitchen (2015); front door (2018), roof shingles (2020), windows on the main level (2021), and central air (2024). Set on a deep 150-foot lot with mature trees, this property combines privacy with functionality, making it an attractive choice for multi-generational families or those seeking extra value.
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Property Summary
This detached home located at 16 Durham Street, Cramahe is currently for sale and has been available on SousaSells for 330 days. This property is listed at $665,000 with an estimated mortgage of $2,214* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 16 Durham Street, Cramahe is in the Colborne neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Rec./Commun.Centre, School, School Bus Route
Interior Features
Accessory Apartment, Central Vacuum, In-Law Capability, In-Law Suite, Storage, Sump Pump, Water Heater
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Location
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 16 Durham Street N, Cramahe, ON K0K 1S0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cramahe, ON
For a property listed at $665,000 in Cramahe, the legal minimum down payment is $41,500 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 $9,775 for this transaction. As this listing is in Cramahe (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,775.
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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.