$749,000

$799,000For salePrice drop↓ $50,000 (6%)

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162 Blue Mountain Drive, Blue Mountains - Single Family for Sale

162 Blue Mountain Drive, Blue Mountains, Ontario, L9Y0K9

3 beds2 baths parking

103 Tekiah Road, Blue Mountains, Ontario, N0H1J0

6 bd4 ba8 pk2,250 ft²

Listed by Century 21 Millennium Inc.

154 High Bluff Lane, Blue Mountains, Ontario, N0H2P0

For saleJust listed

Yesterday

$1.60M

154 High Bluff Lane, Blue Mountains, Ontario, N0H2P0

4 bd3 ba6 pk1,750 ft²Lot size 83 × 151 ft (12,550 sq ft)

Listed by Sotheby's International Realty Canada

355623 Eurphrasia Townline, Blue Mountains, Ontario, N0H1J0

For saleJust listed

3 days ago

$1.35M

355623 Eurphrasia Townline, Blue Mountains, Ontario, N0H1J0

3 bd2 ba10 pk1,750 ft²Lot size 706 × 1171 ft (18.99 acres)

Listed by Bosley Real Estate Ltd.

160 Grand Cypress Lane, Blue Mountains, Ontario, L9Y0K8

For saleJust listed

3 days ago

$1.89M

160 Grand Cypress Lane, Blue Mountains, Ontario, L9Y0K8

4 bd5 ba9 pk4,250 ft²Lot size 200 × 87 ft (17,346 sq ft)

Listed by Century 21 Millennium Inc.

Investment analysis

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$749,000

Blue Mountains

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60 × 150 ft (9,000 sq ft) lot size

Overview

This 3-bedroom, 2-bathroom home in Blue Mountains is for sale offering roughly 900 sq ft of space. It has been on the market 86 days, fresher than the Blue Mountains average of 92 days.

Houses for Sale in Blue Mountains →All real estate in Blue Mountains →

Description

A turnkey, fully furnished four-season home where Georgian Bay living starts at your door. Enjoy the beach access just steps away, then spend your days on scenic trails, the ski hills and golf, with village shops and dining minutes from home. Move in and start enjoying it right away, all year round. Whether you want a full-time residence, a weekend escape or a long-term investment, this property offers rare versatility in one of Ontario's most sought-after destinations. (id:66096)

Property Details

MLS®: X13666296
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 900 ft²
Lot Size: 60 × 150 ft (9,000 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Heat Pump, Natural gas, Other
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $1,930.62/yr
Listed: 86 days ago

Features

Appliances: Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free, Sump Pump, Sauna

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Blue Mountains listings, avg age

92d

Price / ft²

$832

List price

$749K

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 86 days, which is 6 days fresher than the city average of 92. Act while there is still low competition.

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Listed by RARE REAL ESTATE · Julia Layton

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $749,000, about 8.8× the local median household income of $85,000.

Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 72% 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)

$749,000· $832/ft²

For sale

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Full Cost Breakdown

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Down Payment6.66% · $49,900.00

Min 6.66%50%

Mortgage payment$3,876/mo

↳ CMHC premium ($27,964 capitalized)

Property tax (est.)$161/mo

Total monthly$4,037

Cash Needed to Close

Down payment (6.66%)$49,900

Land transfer tax$11,455

Est. closing costs$4,747

Total cash needed$66,102

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