$875,000

For sale

123 HIDDEN LAKE Road, Blue Mountains - Single Family for Sale

123 HIDDEN LAKE Road, Blue Mountains, Ontario, L9Y0T6

3 beds3 baths7 parking1,750 ft²150 × 200 ft (30,000 sq ft) lot sizeListed 29 days ago

Overview

This 3-bedroom, 3-bathroom home in Blue Mountains is for sale offering roughly 1,750 sq ft of space. Listed at $875,000, it is attractively priced about 40% below the $1,459,000 median asking price in Blue Mountains. It has been on the market 29 days, fresher than the Blue Mountains average of 92 days.

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Description

Welcome to 123 Hidden Lake Road, a charming, family-friendly bungalow set on an oversized park-like lot, in a convenient location between Collingwood and Thornbury. Measuring 150' x 200' the property backs onto the forest of Craigleith Provincial Park and offers coveted privacy and tranquility. Skiing, golf, beaches, the Georgian Trail and Blue Mountain Village are all in close proximity. This open concept bungalow is great for entertaining and features an expansive entry foyer, kitchen with built-in island, separate dining room and large family/living room. In addition, the home features a spacious primary suite with four-piece ensuite and two additional bedrooms with shared three-piece bathroom. Forced air gas heat and central air conditioning provides year-round comfort and, last but not least there is main floor laundry, extra storage in the utility room and a detached single car garage. This home is offered turnkey. It is fully furnished and ready for the next owners to move in and enjoy! (id:66096)

Property Details

MLS®: X13868632
Property Type: Single Family
Zoning: R1-1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 7
Interior Size: 1,750 ft²
Lot Size: 150 × 200 ft (30,000 sq ft)
Frontage: 150 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace

Rooms

Main level

Dining room: 6.55 x 3 meters
Kitchen: 4.88 x 2.95 meters
Living room: 4.14 x 3.94 meters
Family room: 4.78 x 3.94 meters
Primary Bedroom: 5.61 x 3.12 meters
Bedroom: 2.29 x 2.52 meters
Bedroom: 2.36 x 2.49 meters
Utility room: 2.36 x 1.73 meters

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

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Hood Fan, Furniture, Window Coverings, Water Heater
Foundation: Block
Exterior: Aluminum siding
Lot Features: Cul-de-sac, Level lot, Backs on greenbelt, Carpet Free

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Blue Mountains listings, avg age

92d

Price / ft²

$500

List price

$875K

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 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 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Blue Mountains has been listed for 29 days, which is 63 days fresher than the city average of 92. Act while there is still low competition.

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Listed by Century 21 Millennium Inc. · GREG CALLAHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $875,000, about 10.3× the local median household income of $85,000.

Carrying it typically needs a household income of about $170,918 (20% down, 25-yr amortization, stress-tested) — roughly 101% above the area median.

Median household income: $85,000
Population: 28,925
Median age: 52
Owner / renter: 75% / 25%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L9Y)

$875,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment7.14% · $62,500

Min 7.14%50%

Mortgage payment$4,505/mo

↳ CMHC premium ($32,500 capitalized)

Property tax (est.)$289/mo

Total monthly$4,794

Cash Needed to Close

Down payment (7.14%)$62,500

Land transfer tax$13,975

Est. closing costs$5,125

Total cash needed$81,600

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