340 Second Avenue, Cochrane, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cochrane. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $214,900 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 66 x 132 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater Owned, Workbench
- Efficient forced air heating via gas
Description
This 1 1/2-storey home is situated on a full-size 66' x 132' lot in a quiet neighbourhood. The main floor features an eat-in kitchen, a bright living room, one bedroom, and a 4-piece bathroom. The upper level offers two additional bedrooms. The unfinished basement provides a laundry area, utility space, and ample storage. A 12' x 15' storage shed offers additional outdoor storage. Included in the sale are the refrigerator, stove, washer, dryer, television, and television wall mount. According to previous owner information, the weeping tile was installed in approximately 1990, the home is serviced by a 100-amp breaker panel, the furnace and hot water tank were replaced in approximately 2008, and the shingles were updated in 2017.
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Water Heater Owned, Workbench
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Pricing & Value Insights
Data-driven valuation for 340 Second Avenue, Cochrane, ON P0L 1C0
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About Purchasing a Home in Cochrane, ON
For a property listed at $214,900 in Cochrane, the legal minimum down payment is $10,745 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 $1,874 for this transaction. As this listing is in Cochrane (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,874.
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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.