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10085 Culloden Road 217, Bayham, ON N0J 1H0

2 beds · 2 baths · 1 kitchen · 5 rooms · 10 parking spaces · 700-1100 sq ft · Modular Home
$324,900
Property tax
$1,240 / year

Nestled within the peaceful Red Oak Community, 217-10085 Culloden Road offers the perfect opportunity to enjoy affordable, low-maintenance living without sacrificing space or comfort. This well-maintained modular home features 2 bedrooms and 2 bathrooms, a spacious living room, an updated kitchen, and an insulated sunroom that provides the perfect place to relax and enjoy every season. Step outside onto the spacious deck, then make your way to the dream insulated detached 2-car garage, complete with electricity, a workbench, and ample storage making it the perfect space for hobbies, projects, or additional storage. Ample parking adds exceptional convenience for both homeowners and guests. Set within a welcoming community of just over 50 homes, residents enjoy spacious lots, a quiet country setting, and a friendly atmosphere. Ideally located near Tillsonburg and just minutes from Lake Erie, you'll have easy access to parks, trails, beaches, golf courses, shopping, dining, and everyday amenities, all while being only 45 minutes from London. Homeowners own their homes while leasing the land, offering an affordable lifestyle in a close-knit community. For added convenience, there is also the option to purchase the home fully furnished.

MLS number
X13636258
Type
Modular Home
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N0J 1H0
Photos
23
38days · this listing
38days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 675 people.

$77,500Median household income
95.7%Own their home
100%Detached houses
42Median age
15.3%Born outside Canada
8.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35340160 — the few blocks around this address, home to 675 people. It describes the area, not this property.

675Population
40.4Average age
3Household size
$95,000Average household income
$77,500Median household income
96%Own their home
4%Rent
0%Condominiums
15%Born outside Canada
9%University degree
$512,000Average home value
13%Low income
69%Not in the labour force
24%Never married
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9995%
$45,000 to $49,9992%
$50,000 to $59,9998%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over26%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over5%

Percentages are of the 325 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$64,980 · minimum here is $16,245
$1,438.59per month
Borrowed before insurance$259,920
Total borrowed$259,920
Interest over 25 years at 4.5%$171,656

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$999.92per month out of pocket
Rent$542.00
Everything it costs to hold$1,541.92
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX CENTRE CITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.