35 KING Street, Cramahe, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Colborne. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $479,000 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 700-1100 sqft on a premium 73.78 x 99.85 ft lot
- Features a full, partially 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: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming 2+1 bedroom bungalow nestled in the quaint and friendly town of Colborne. Perfect for those seeking small-town charm with everyday convenience. Situated on a quiet, peaceful street, this home offers a warm and inviting atmosphere both inside and out. Enjoy the ease of a short walk to the heart of town, where you'll find local shops, dining, and essential amenities just minutes from your doorstep. The property features two separate driveways, providing ample parking for family, guests, or recreational vehicles. The fully fenced yard offers privacy and space for children, pets, or outdoor entertaining. Inside, the home boasts a functional layout with two bedrooms on the main level and a partially finished basement that adds valuable living space. The lower level includes an additional bedroom and a bathroom, along with a rough-in for a kitchen-making it ideal for a potential in-law suite or multi-generational living. With its separate access potential and flexible layout, the basement offers excellent opportunity for rental income, helping to offset your mortgage or serve as a smart investment option. Whether you're a first-time buyer, downsizer, or investor, this versatile home combines comfort, income potential, and location in one appealing package.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 35 KING Street W, Cramahe, ON K0K 1S0
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About Purchasing a Home in Cramahe, ON
For a property listed at $479,000 in Cramahe, the legal minimum down payment is $23,950 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 $6,055 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 $6,055.
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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.