This property was sold on July 27, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Colborne. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $369,000 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.
Phenomenal opportunity awaits with 264 Durham Street South. Positioned on an outstanding lot measuring nearly 3/4 of an acre and catering to ownership on every level. From first time home buyers to investors looking to add to their portfolio and everything in between. Plenty of Potential for the new owners to make this house a home with 2 bedrooms (3rd is accessed via 2nd), 4-piece washroom, New propane Furnace and hot water tank 2023. A solid structure providing lots of character for the new owners and an abundance of flexibility. Located moments outside of the quaint little village/town of Colborne, Lake Ontario and centrally located between Cobourg and Brighton, this home is well positioned to enjoy all the amenities Northumberland has to offer.
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This detached home located at 264 Durham Street, Cramahe is currently for sale and has been available on SousaSells for 735 days. This property is listed at $369,000 with an estimated mortgage of $1,228* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 264 Durham Street, Cramahe is in the Colborne neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Lake/Pond, Rec./Commun.Centre, School Bus Route, Park
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 264 Durham Street S, Cramahe, ON K0K 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cramahe.
About Purchasing a Home in Cramahe, ON
For a property listed at $369,000 in Cramahe, the legal minimum down payment is $18,450 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 $4,010 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 $4,010.
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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.