29 Durham Street, Cramahe, ON
Property no longer active
This property was sold on July 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 Colborne. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 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.
- 4 Bedrooms and 2 Bathrooms
- Premium 75.06 x 200.11 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Experience the country feel in the town of Colborne. If you are looking for small-town charm and friendly residents, Colborne provides an ideal setting for those seeking a peaceful and close-knit community. This 3+1 bedroom, 2 bathroom bungalow sits on a huge 75 x 200 foot lot with municipal water and sewer. The main floor offers a large sun-filled living room, dining room with sliding glass walk out to large deck as well as 3 generous bedrooms. The finished basement can be accessed by a separate entrance and is highlighted by a huge rec room, an additional bedroom or office and a 2 piece bath. This home has the added bonus of having an attached single car garage and parking for 6 cars. Come view this property for yourself!
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Property Summary
This detached home located at 29 Durham Street, Cramahe is currently for sale and has been available on SousaSells for 771 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 29 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 29 Durham Street N, Cramahe, ON K0K 1S0
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 Cramahe, ON
For a property listed at $625,000 in Cramahe, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.
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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.