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$1,295,000
Algonquin Highlands
1082 Kawagama Lake Road, Algonquin Highlands (Sherborne), Ontario, P0A1E0
This 3-bedroom, 2-bathroom home in Algonquin Highlands is for sale offering roughly 900 sq ft of space. Its $1,295,000 asking price sits right in line with the $1,275,000 median in Algonquin Highlands.
If your ideal cottage combines great waterfront and proximity to restaurants , coffee shops and other amenities, this property might be perfect for you. The location on Lake of Bays near the Village of Dorset makes it ideal as a year round home or four season recreational property. You can walk to Dorset within minutes for a cappucino or browse Robinson's General Store, enjoy dinner on the water or visit the LCBO- all by boat if you like! ATV and snowmobile trails are right around the corner. The in-town pharmacy and health hub are appealing to seniors and families alike. And of course you have all the recreational opportunities that Lake of Bays has to offer. The lot is gently sloped to the lake. There is 129 feet of sandy shoreline that's perfect for swimmers of all ages. The southeast exposure ensures sun from early in the morning till late in the day. You can keep an eye on the kids from either the dock or the deck overlooking the lake. The cottage is a solid structure with 1648 square feet of finished living space. The skill of the stonemason who originally built the cottage is reflected in both the beautiful stone exterior and the two stone fireplaces. There are 2 bedrooms and a full bath on the main floor while the lower level features a spacious guest suite, full bathroom and family room. It is fully winterized and ready for you to enjoy. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 91 days on market, against an average age of 93 days across the listings currently for sale in this city
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.
This 3-bed single family in Algonquin Highlands (Sherborne) has been listed for 91 days, which is 2 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,295,000, about 19.0× the local median household income of $68,000.
Carrying it typically needs a household income of about $252,959 (20% down, 25-yr amortization, stress-tested) — roughly 272% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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