6 Burnham Street, Cramahe, ON
Property no longer active
This property was sold on January 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Colborne. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $400,000 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
- Premium 63 x 126 ft lot size
- Features a full, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Great home for first time home buyers. Just move in. 2 or 3 or 4 bedroom affordable home on nice lot with private back yard and walking distance to town amenities. Upper loft could accommodate 1 or 2 bedrooms or be used for studio or family room. Open concept kitchen, dining and living space. Lower laundry, bedroom, storage and utility room with walk up to side door of home. Town water and sewer. 100 amp breaker system. Newer forced air gas furnace (approx 7 yrs old)
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Property Summary
This detached home located at 6 Burnham Street, Cramahe is currently for sale and has been available on SousaSells for 693 days. This property is listed at $400,000 with an estimated mortgage of $1,331* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 6 Burnham 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6 Burnham Street, 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 $400,000 in Cramahe, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.