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For Sale

40 Parliament Street

Colborne, Cramahe, ON
$437,000
4Bd
2Ba
1,300+sqft
4Parking
77.6 ft frontagelot
$336/sqft
DetachedMLS# X12989592Listed 2026-04-1361 DOM
Basement
Partial Basement

On the market for 61 days — longer than average. The seller may be open to negotiation.

About this home

Set on a spacious country lot in Colborne, this 4-bedroom, 2-bathroom home offers great potential. Features include an open-concept layout, engineered hardwood flooring, pot lights,and a bright living space. Recent updates add modern touches while keeping its original charm. The large lot provides plenty of outdoor space for gardening or relaxing in a peaceful rural setting. Being sold "as is." Some work required, including roof and windows. A great opportunity to customize and add value.

Hardwood

Rooms

Main Floor
Living Room4.50 × 5.22 m
Kitchen4.44 × 3.51 m
Dining Room3.52 × 2.69 m
Bathroom2.53 × 2.42 m
Primary Bedroom4.20 × 3.04 m
Laundry2.42 × 1.81 m
Second Floor
Bedroom 25.22 × 2.06 m
Bedroom 33.53 × 2.23 m
Bedroom 43.74 × 2.88 m
Bathroom1.92 × 1.63 m

Features

  • None
  • Partial Basement
  • 1 1/2 Storey

Financials

Annual Taxes
$2,372.31

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Basement apartment$1,800 – $2,500/mo
Rental yield11.0% – 17.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Cramahe

Days on market61 days
Buyer's MarketSeller's Market

Based on active listings in Cramahe. Data updates daily.

Our estimate for this home

Priced 18.9% below estimate
Estimated range
$498K$579K
Mid-point $539K · ~$414/sqft
How this listing compares
$498KList · $437K$579K
Medium confidence·Based on 26 colborne comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$437,000
40 Parliament Street, Cramahe
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