6 Parliament Street, Cramahe, ON
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 $399,000 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 spacious lot (Acres)
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Softener
- Efficient forced air heating via gas
Description
Welcome to 6 Parliament Street the perfect opportunity for first-time homebuyers or savvy investors! This charming 2-bedroom, 1-bathroom bungalow is ideally situated just minutes east of downtown Colborne. Step inside to discover a bright and spacious eat-in kitchen that flows seamlessly into a welcoming living room, complete with a second entrance. The main floor features two cozy bedrooms and bathroom, all enhanced by beautiful original hardwood floors. The unfinished basement offers laundry facilities offers potential, for creating a recreation room, a third bedroom, or even an additional bathroom. You'll also appreciate the convenience of a detached garage/shop and a generous driveway. With easy access to Highway 401, just 10 minutes to Brighton, and within walking distance to an elementary school, library, and shopping, this home is an incredible value you wont want to miss!
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Property Summary
This detached home located at 6 Parliament Street, Cramahe is currently for sale and has been available on SousaSells for 494 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 6 Parliament 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 6 Parliament Street, Cramahe, ON K0K 1S0
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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 $399,000 in Cramahe, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.