$629,900

For saleJust listed

899 KATRINE Road, Burk's Falls - Single Family for Sale

899 KATRINE Road, Burk's Falls, Ontario, P0A1C0

3 beds2 baths12 parking1,300 ft²152 × 345 ft (1.20 acres) lot sizeListed 7 days ago

Overview

This 3-bedroom, 2-bathroom home in Burk's Falls is for sale offering roughly 1,300 sq ft of space. It has been on the market 7 days, fresher than the Burk's Falls average of 56 days.

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Description

Welcome to 899 Katrine Road...a riverside retreat with direct access to highly desirable Doe Lake! This beautifully maintained 3-bedroom, 2-bathroom bungalow is nestled on a picturesque 1.1-acre lot with 150 feet of frontage on the serene Magnetawan River, your gateway to miles of boating on Doe Lake. This charming home or four-season cottage offers a bright, open-concept living space with vaulted ceilings and a cozy yet spacious feel. The layout includes a primary bedroom with ensuite, and a newly added loft addition in the third bedroom featuring a fun and functional space ideal for guests or kids. Enjoy the park-like setting with mature trees, a gently sloping yard, and your very own private boat launch. With a sandy shoreline and good water depth off the dock, it's perfect for swimming, kayaking, and all your waterfront adventures. Additional features include a crawl space basement for extra storage and easy year-round access just minutes from Highway 11 and the Village of Burk's Falls for shopping, dining, and other amenities. Whether you're looking for a full-time residence or a peaceful cottage escape, this riverfront gem offers the best of both worlds. (id:66096)

Property Details

MLS®: X14124418
Property Type: Single Family
Zoning: RU/Flood Plain
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 12
Interior Size: 1,300 ft²
Lot Size: 152 × 345 ft (1.20 acres)
Frontage: 152 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Block
Exterior: Wood, Stone
Lot Features: Wooded area, Irregular lot size, Sloping, Rolling, Sump Pump

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Burk's Falls listings, avg age

56d

Price / ft²

$485

List price

$630K

Homes here sell slower than most markets

Sold homes in this market spent an average of 74 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 94.3 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 Burk's Falls has been listed for 7 days, which is 49 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX Professionals North · SARAH LOCK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $629,900, about 9.3× the local median household income of $68,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 81% 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)

$629,900· $485/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$184/mo

Total monthly$3,466

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$9,073

Est. closing costs$4,390

Total cash needed$51,453

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