Homula Realty Brokerage
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5465 King Street, Perth East, ON N0B 2T0

4 beds · 2 baths · 1 kitchen · 5 rooms · 6 parking spaces · 2000-2500 sq ft · Laundry on the lower level level · Detached
$890,000
Property tax
$3,290 / year

Welcome to this charming 4-bedroom home in the picturesque village of Nithburg, offering an exceptional blend of character, space and opportunity. The original farmhouse retains much of its timeless charm, including original pine floors and beautiful wood trim, while a 1970s addition thoughtfully expanded the home with two additional bedrooms, a spacious main-floor family room, convenient 2-piece bathroom and an extended kitchen. Lovingly maintained and updated over the years, this home features replacement windows throughout, updated furnace, A/C and hot water heater (2017), and a water filtration system (2020). Set on an impressive approximately 0.7-acre lot with 258 feet of frontage, the property offers exciting possibilities for the future. Current zoning permits the potential construction of an additional dwelling on the property, providing an excellent opportunity for extended family or additional living accommodations. There may also be potential to sever a building lot, subject to municipal approvals. Enjoy the tranquility and charm of village living while remaining conveniently located near Waterloo and Stratford. Whether you're looking for a spacious family home, a property with room for extended family, or an opportunity to explore future development potential, this unique property is one you'll want to see!

MLS number
X13763748
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N0B 2T0
Photos
45
Laundry
Lower Level level
3days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property 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 1,461 people.

$90,000Median household income
80.5%Own their home
90.2%Detached houses
30Median age
8%Born outside Canada
7.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35310218 — the few blocks around this address, home to 1,461 people. It describes the area, not this property.

1,461Population
33.8Average age
3.5Household size
$95,200Average household income
$90,000Median household income
81%Own their home
20%Rent
2%Condominiums
8%Born outside Canada
7%University degree
$632,000Average home value
15%Low income
41%Not in the labour force
25%Never married
Under $5,0002%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9991%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9995%
$90,000 to $99,9996%
$100,000 and over30%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 585 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.

$178,000 · minimum here is $64,000
$3,940.73per month
Borrowed before insurance$712,000
Total borrowed$712,000
Interest over 25 years at 4.5%$470,218

If you rented it out

-$4,214.89per month out of pocket
Rent$0.00
Everything it costs to hold$4,214.89
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 PEAK REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.