The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
SPACIOUS CUSTOM BUNGALOW ON OVER HALF AN ACRE IN CHENEY! Offering 5 bedrooms, 3 full bathrooms and an exceptionally large finished lower level, this distinctive home delivers the space and flexibility today's families are looking for. Situated on a beautiful 100' x 230' lot, the property combines the charm of country living with the convenience of municipal water and natural gas. Inside, the bright, open-concept main floor features 9-foot ceilings, hardwood and tile flooring, elegant crown moulding, detailed wainscotting and abundant pot lighting. A striking stone gas fireplace anchors the spacious living room, while decorative wood beams add character to the adjoining dining area. The well-appointed kitchen offers stainless steel appliances, generous cabinetry and counter space, and a raised breakfast bar. The primary suite features a walk-in closet and private ensuite with a glass shower and soaker tub. Two additional bedrooms, a full bathroom, convenient main-floor laundry and inside access to the double attached garage complete the main level. THE FULLY FINISHED LOWER LEVEL IS A STANDOUT FEATURE, offering an enormous recreation and games area measuring nearly 38' x 27', two additional bedrooms, a recently renovated full bathroom and plenty of storage. Ideal for larger families, entertaining, hobbies or working from home. Outside, enjoy a fully fenced backyard with room for children, pets, gardening and outdoor gatherings. Additional highlights include ample driveway parking, a new water-powered backup sump pump and a new sewage pump. All this in the village of Cheney, with convenient access to Rockland, Orléans and Highway 417. An outstanding opportunity for buyers seeking space, character and a generous property without sacrificing everyday convenience! Some photos have been virtually staged and/or edited.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,285/mo
Mortgage (principal + interest)$2,768
Property taxFrom listing: $6,208/yr$517
Minimum $48,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$147,980
Ontario land transfer taxProvincial brackets, no first-time refund$11,273
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$162,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Clarence-Rockland has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
