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Property Description
Welcome to 6 Parliament Street the perfect opportunity for first-time homebuyers or savvy investors! This charming 2-bedroom, 1-bathroom bungalow is ideally situated just minutes east of downtown Colborne. Step inside to discover a bright and spacious eat-in kitchen that flows seamlessly into a welcoming living room, complete with a second entrance. The main floor features two cozy bedrooms and bathroom, all enhanced by beautiful original hardwood floors. The unfinished basement offers laundry facilities and abundant potential, perfect for creating a fabulous recreation room, a third bedroom, or even an additional bathroom. You'll also appreciate the convenience of a detached garage/shop and a generous driveway. With easy access to Highway 401, just 10 minutes to Brighton, and within walking distance to an elementary school, library, and shopping, this home is an incredible value you wont want to miss!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Acreage
< .50
Fronting
East
Taxes
$1,996 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.98' x 14.01' | Eat-In Kitchen |
| Living | Main | 13.45' x 16.50' | |
| Br | Main | 11.25' x 11.71' | |
| 2nd Br | Main | 8.69' x 10.43' | |
| Bathroom | Main | 5.15' x 7.25' | |
| Other | Lower | 25.75' x 29.69' | Combined W/Laundry |
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Cramahe Market Statistics
Cramahe Price Trend
6 Parliament St is a 2-bedroom 1-bathroom home listed for sale at $425,000, which is $271,666 (39.0%) lower than the average sold price of $696,666 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Cramahe increased by $169,666 (32.2%) compared to the previous 30 day period (December 22 - January 20) and up $6,666 (1.0%) from the same time one year ago.Inventory Change
There were 2 2-bedroom homes listed in Cramahe over the last 30 days (January 21 - February 19), which is down 33.3% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Cramahe typically sold ($15,733) (2.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,233 decrease compared to the previous 30 day period (December 22 - January 20) and ($9,000) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Cramahe over the last 30 days (January 21 - February 19) stood at 300.0%, up from 66.7% over the previous 30 days (December 22 - January 20) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Cramahe stood at 62 days when successfully sold over the last 30 days (January 21 - February 19), compared to 125 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Rouge River Realty Ltd.
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