$699,000
Armour
625 Chetwynd Road, Armour, Ontario, P0A1C0
This 1-bedroom, 1-bathroom home in Armour is for sale offering roughly 900 sq ft of space. It has been on the market 73 days, fresher than the Armour average of 102 days.
Exploring rental or income potential? Or simply searching for a private recreational escape? This remarkable 4-season riverside property is filled with possibilities. Enjoy miles of boating along the Magnetawan River, connecting you right into beautiful Doe Lake, passing the quaint village of Katrine with its marina, shopping and sandy beach along the way. Great internet and cell service make working from paradise easy, while quick highway access from Katrine or Burk's Falls keeps you conveniently connected-just 25 minutes north of Huntsville. Set on 9 private acres with 245 feet of waterfront, all-day sun and sunsets, this charming 4-season bungaloft is surrounded by mature forest, gardens and virgin woods. A cleared building lot offers exciting potential for future expansion. The alternative solar power system, with cables buried underground, and septic provide off-grid living with modern convenience, while hydro is available at the road. Inside, enjoy a beautiful wood kitchen, cozy Napoleon wood stove, propane cookstove, on-demand hot water and backup propane furnace. The professionally serviced solar system powers most household appliances. An impressive collection of outbuildings makes this property ideal for hobbyists, artists, entrepreneurs or outdoor enthusiasts: a 37' x 20' 3-bay shop, separate 31' x 15' garage with carport, artist studio, sleeping bunkie with loft and cooktop, plus woodshed. Both bunkies are insulated and wired. With incredible privacy, versatile spaces and waterfront adventure at your doorstep, this is a rare opportunity to live, work, play and potentially generate income from one spectacular Northern Muskoka property. (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: 73 days on market, against an average age of 102 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 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Armour has been listed for 73 days, which is 29 days fresher than the city average of 102. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 10.3× the local median household income of $68,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 101% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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