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Price Change$499,000

9 CEDAR Street

Colborne, Cramahe

$424,900

Detached|Bungalow
2 | 1 | 4
About this home

Recently renovated, this classic bungalow is ready to be discovered, we invite you to view this charming, recently updated 2-bedroom home which is perfectly sited on a spacious lot within a very desirable, mature, residential neighborhood. Located in the picturesque and historic village of Colborne, this delightful home offers a unique blend of modern updates and timeless appeal; the ideal abode for astute buyers of all ages. The home was refurbished for an easy and comfortable lifestyle and offers a cozy and inviting atmosphere. Its prime location allows residents to enjoy the charm and history of Colborne, while offering easy access to the many local shops, restaurants and boutiques, and the never-ending beauty of the surrounding countryside with its beautiful apple orchards. Whether you're looking for a serene retreat or a vibrant community to call home, this property presents an exceptional homeownership opportunity to live in one of Ontario's most charming villages; and to do so at a very affordable price, ,especially when you consider that all the furniture and appliances currently in the house are included in the purchase price.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,305
Lot Size63 ft x 228 ft
mls© NumberX12892980
Listed ByRE/MAX Rouge River Realty Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,175
Property tax
$192
Heat allowance
$150
Housing costs
$2,517 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $84,980
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$84,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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