55 King Street, Cramahe, ON
Property no longer active
This property was sold on April 28, 2025. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $450,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 51.5 x 100 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 55 King St. E., a beautifully renovated gem nestled in the heart of the charming village of Colborne. This turnkey home has been thoughtfully updated from top to bottom with modern finishes and a fresh, contemporary aesthetic. Featuring new siding, windows, roofing,and a completely upgraded interior, this home offers the perfect blend of function and style. Step inside to discover a bright, open-concept layout that seamlessly connects the living,dining, and kitchen spaces ideal for both everyday living and entertaining. The stylish kitchen offers updated cabinetry and plenty of natural light. The home includes 2 spacious bedrooms and 1 modern, updated bathroom, plus a versatile bonus room that can be used as aplayroom, office, or extra living space to suit your needs.The unfinished basement offers ample storage and room to grow. Outside, you'll find a handy storage shed and a low-maintenance yard perfect for relaxing or creating your own garden retreat. Located within walking distance to local shops, parks, and schools, and just 4 minutes to Hwy401, this home offers the charm of small-town living with unbeatable commuter convenience.Whether you're a first-time buyer, downsizer, or investor, this move-in-ready home is an excellent opportunity.Don't miss your chance to enjoy modern comfort in a peaceful village setting. Book yourshowing today! Change your life. Move here!
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Property Summary
This detached home located at 55 King Street, Cramahe is currently for sale and has been available on SousaSells for 450 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 55 King 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
School, Rec./Commun.Centre, Place Of Worship, Library, Arts Centre
Interior Features
Primary Bedroom - Main Floor, Water Heater Owned
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Community 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 55 King Street E, 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 $450,000 in Cramahe, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.