112 COLBORNE Street, Merrickville-Wolford, ON

$654,000
MLS#:X9447270
4 beds
3 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 804 - Merrickville. Expertly crafted featuring premium vinyl siding and other construction, this residence presents an exceptional opportunity offered at $654,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 80.1 x 240.13 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Treatment, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Situated in the vibrant Victorian village of Merrickville, along the scenic Rideau Canal, this charming 3-bedroom bungalow is located on a tranquil street just off the lively main drag. Inside, you'll find a newer, well-appointed kitchen that makes every culinary adventure a delight. The stunning 3-season sunroom, filled with natural light, offers a serene haven for entertaining guests or enjoying a quiet moment with your favorite book, all while overlooking the expansive yard. The spacious basement is sure to impress, featuring a dedicated games room complete with a pool table and accessories for endless entertainment. There is also a roomy fourth bedroom, perfect for a large family or providing a private guest oasis. A workshop is available for the DIY enthusiast, adding to the home's appeal. With its blend of charm, convenience, and community, this gem promises a lifestyle you'll cherish for years to come., Flooring: Hardwood, Flooring: Laminate

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Property Summary

This detached home located at 112 COLBORNE Street, Merrickville-Wolford is currently for sale and has been available on SousaSells for 715 days. This property is listed at $654,000 with an estimated mortgage of $2,177* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 112 COLBORNE Street, Merrickville-Wolford is in the 804 - Merrickville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 24, 2024
Sold price information is available to members only
Listed Date7/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Other
BasementFull, Finished
Lot Size80.1 × 240.13
CountyLeeds and Grenville
Annual Tax$3,772
Legal DescriptionLT 144, 148 PL 6 MERRICKVILLE; MERRICKVILLE-WOLFORD

Parking & Garage

Parking Spaces6.0
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Wooded/Treed, Park

Interior Features

Water Treatment, Air Exchanger

Security Features

Community Features

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Location

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112 COLBORNE Street, Merrickville-Wolford, ON
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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 112 COLBORNE Street W, Merrickville-Wolford, ON K0G 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Merrickville-Wolford.

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Interest Rate4.00%
Down Payment$196,200 (30.0%)
* Minimum Canadian down payment required for this price is $40,400.
Amortization Period30 Years
Estimated Monthly Payment$2,177Based on a loan of $457,800 over 30 years.
Purchase Price$654,000
Loan Amount$457,800
Provincial Land Transfer Tax:$9,555
Total Estimated Closing Taxes:$9,555

About Purchasing a Home in Merrickville-Wolford, ON

For a property listed at $654,000 in Merrickville-Wolford, the legal minimum down payment is $40,400 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 $9,555 for this transaction. As this listing is in Merrickville-Wolford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,555.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 804 - Merrickville, Merrickville-Wolford.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$643,364

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.