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Colborne, Cramahe
$475,000
Welcome to this solid brick bungalow ideally located close to downtown Colborne, offering comfort, functionality, and exceptional space both inside and out. Set on a large lot, this well cared for home features 2 bedrooms plus a den, making it a great option for retirees, first-time buyers, or those looking to downsize without giving up flexibility.Inside, you'll find a practical layout with plenty of storage throughout and a spacious recreation room that adds valuable extra living space for relaxing, entertaining, or hobbies. Pride of ownership is evident in the home's condition, making it easy to appreciate the care and maintenance it has received over the years.One of the standout features of this property is the impressive 19 x 35 workshop/garage, ideal for hobbyists, tradespeople, extra storage, or anyone needing versatile workspace. The large lot provides additional room to enjoy the outdoors, garden, or simply appreciate the extra privacy and space.Located in a convenient area close to the shops, services, and charm of downtown Colborne, this inviting bungalow offers a wonderful combination of practicality, comfort, and small-town appeal. A great opportunity to enjoy easy living in a well-established neighbourhood.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,125 |
| Lot Size | 54 ft x 221.87 ft |
| mls© Number | X13705390 |
| Listed By | Royal Heritage 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%
- $2,431
- Property tax
- $260
- Heat allowance
- $150
- Housing costs
- $2,842 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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