$490,000

11703 Highway 41, Addington Highlands (Addington Highlands), Ontario, K0H1Z0

For saleJust listed

2 days ago

$330K

11703 Highway 41, Addington Highlands (Addington Highlands), Ontario, K0H1Z0

6 bd3 ba12 pk2,250 ft²Lot size 160 × 302 ft (1.10 acres)

Listed by GORDONS REAL ESTATE BROKERAGE LTD.

#B 72 Bridge Street, Addington Highlands (Addington Highlands), Ontario, K0H1K0

For sale

12 days ago

$425K

#B 72 Bridge Street, Addington Highlands (Addington Highlands), Ontario, K0H1K0

4 bd1 ba8 pk900 ft²Lot size 94 × 166 ft (15,557 sq ft)

Listed by Royal LePage ProAlliance Realty

14184 Hwy 41, Addington Highlands (Addington Highlands), Ontario, K0H1K0

For sale

15 days ago

$115K

14184 Hwy 41, Addington Highlands (Addington Highlands), Ontario, K0H1K0

1 ba8 pk900 ft²Lot size 80 × 131 ft (10,480 sq ft)

Listed by Royal LePage ProAlliance Realty

2343 Upper Flinton Road, Addington Highlands (Addington Highlands), Ontario, K0H1P0

For sale

16 days ago

$355K

2343 Upper Flinton Road, Addington Highlands (Addington Highlands), Ontario, K0H1P0

3 bd1 ba8 pk1,300 ft²Lot size 176 × 232 ft (40,931 sq ft)

Listed by Exit Realty Group

Investment analysis

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$490,000

Addington Highlands

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186 SHELDRAKE LAKE Road, Addington Highlands - Single Family for Sale

186 SHELDRAKE LAKE Road, Addington Highlands, Ontario, K0H1K0

2 beds2 baths8 parking900 ft²196 × 299 ft (1.34 acres) lot sizeListed 92 days ago

Overview

This 2-bedroom, 2-bathroom home in Addington Highlands is for sale offering roughly 900 sq ft of space. It has been on the market 92 days, fresher than the Addington Highlands average of 118 days.

Houses for Sale in Addington Highlands →All real estate in Addington Highlands →

Description

A charming lakeside retreat, 186 Sheldrake Lake Rd. is now available for purchase. This two bedroom, open concept cottage sits privately on 1.13 acres of useable waterfront property surrounded by nature. The interior features wall to wall windows, providing an unobstructed view of Sheldrake Lake. Enjoy your separate eat-in kitchen and the spacious open concept living-dining area with a wood burning fire place for cozy fall evenings. This property currently offers 2 separate bedrooms and 2 bathrooms. Explore the opportunity of expanding and improving this property, there is plenty of room. The exterior is private, filled with mature trees providing privacy and shade. The main feature of this property is the 195 feet of useable waterfront. Sheldrake Lake is clean and excellent for fishing/swimming/water sports. It's a little piece of paradise that could be yours to enjoy today or for years to come or consider the potential for income. (New Septic in 2015, drilled well on the property) (id:66096)

Property Details

MLS®: X13637338
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 8
Interior Size: 900 ft²
Lot Size: 196 × 299 ft (1.34 acres)
Frontage: 196 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $3,438.64/yr
Listed: 92 days ago

Features

Appliances: Water Heater
Foundation: Block
Exterior: Aluminum siding
Lot Features: Wooded area, Irregular lot size

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

92d

Addington Highlands listings, avg age

118d

Price / ft²

$544

List price

$490K

Homes here sell slower than most markets

Sold homes in this market spent an average of 90 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Addington Highlands has been listed for 92 days, which is 26 days fresher than the city average of 118. Act while there is still low competition.

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Listed by WAGAR AND MYATT LTD., BROKERAGE · MARLENE MCGRATH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0H)

This home lists at $490,000, about 5.3× the local median household income of $92,000.

Carrying it typically needs a household income of about $95,714 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $92,000
Population: 47,286
Median age: 51.2
Owner / renter: 91% / 10%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0H)

$490,000· $544/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,500

Min 5%50%

Mortgage payment$2,581/mo

↳ CMHC premium ($18,620 capitalized)

Property tax (est.)$287/mo

Total monthly$2,867

Cash Needed to Close

Down payment (5%)$24,500

Land transfer tax$6,275

Est. closing costs$3,970

Total cash needed$34,745

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice