$575,000

For sale

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342 Kent Road, Armour - Single Family for Sale

342 Kent Road, Armour, Ontario, P0A1Z0

2 beds1 bath10 parking ft²

8 Horseshoe Lane, Armour (Katrine), Ontario, P0A1L0

3 bd1 ba8 pk1,300 ft²Lot size 100 × 200 ft (19,980 sq ft)

Listed by Royal LePage Lakes Of Muskoka Realty

933 Ferguson Road, Armour, Ontario, P0A1L0

For sale

10 days ago

$1.07M

933 Ferguson Road, Armour, Ontario, P0A1L0

3 bd2 ba12 pk1,300 ft²

Listed by ICI SOURCE REAL ASSET SERVICES INC.

259 Lakeshore Road, Armour, Ontario, P0A1C0

For sale

19 days ago

$800K

259 Lakeshore Road, Armour, Ontario, P0A1C0

1 bd1 ba12 pk900 ft²Lot size 529 × 358 ft (4.35 acres)

Listed by Royal LePage Lakes Of Muskoka Realty

63 Sunnylea Avenue, Armour, Ontario, P0A1L0

For sale

27 days ago

$549K

63 Sunnylea Avenue, Armour, Ontario, P0A1L0

3 bd2 ba4 pk900 ft²Lot size 120 × 166 ft (19,920 sq ft)

Listed by CMI REAL ESTATE INC.

Investment analysis

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$575,000

Armour

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Overview

This 2-bedroom, 1-bathroom home in Armour is for sale offering roughly 350 sq ft of space. Its $575,000 asking price sits right in line with the $599,900 median in Armour. It has been on the market 37 days, fresher than the Armour average of 101 days.

Houses for Sale in Armour →All real estate in Armour →

Description

This charming retreat on Pickerel Lake features a level sandy entry shoreline that makes for amazing panoramic southern views and easy enjoyment for all ages. Inside, the sun-drenched living space is bathed in warm, natural light all day long, offering picturesque water views. The open-concept living and dining space is perfect for gathering, with three bedrooms including a bright sunroom that is used as the third bedroom. Imagine hosting weekend fires by the lakeside, enjoying morning coffee with stunning water views. Enjoy all-day sun and beautiful sunsets to soak in the day. This is the cottage haven you've been waiting for. Reach out for more info and schedule your tour today! (id:66096)

Property Details

MLS®: X13834948
Property Type: Single Family
Zoning: Flood Plain
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 350 ft²
Lot Size: 100 × 357 ft (35,700 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Electric
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $1,902/yr
Listed: 37 days ago

Rooms

Main level

Dining room: 3.19 x 3.12 meters
Living room: 3.61 x 2.7 meters
Kitchen: 2.71 x 2.4 meters
Utility room: 1.4 x 1.53 meters
Primary Bedroom: 2.92 x 2.31 meters
Bedroom: 2.98 x 2.31 meters
Sunroom: 2.76 x 3.1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

37d

Armour listings, avg age

101d

Price / ft²

$1,645

List price

$575K

Homes here sell below asking price

Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0A)

This home lists at $575,000, about 8.5× the local median household income of $68,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$575,000· $1,645/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$159/mo

Total monthly$3,166

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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

342 Kent Road, Armour - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Neighbourhood profile (P0A)

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