$415,000

For sale

LOT 5 Grand Trunk Island, Callander - Single Family for Sale

LOT 5 Grand Trunk Island, Callander, Ontario, P0H1H0

1 bath0 parking900 ft²175 × 394 ft (1.58 acres) lot sizeListed 28 days ago

Overview

This 1-bathroom home in Callander is for sale offering roughly 900 sq ft of space. Listed at $415,000, it is attractively priced about 37% below the $659,900 median asking price in Callander. It has been on the market 28 days, fresher than the Callander average of 64 days.

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Description

Perched atop the ancient granite of the Canadian Shield on Grand Trunk Island, this cherished cottage retreat embodies the timeless beauty of Lake Nipissing living. Sweeping views stretch across the sparkling open waters of Lake Nipissing on Callander Bay, where spectacular sunsets fill the horizon with breathtaking colour and every day ends with nature's finest show. Designed for gathering and making memories, the cottage's inviting main floor features a bright Great Room where the kitchen and living area come together in one welcoming space, framed by stunning lake vistas. A comfortable bedroom and bathroom with a Separett composting toilet provide convenient main-level living, while the loft above offers additional sleeping accommodations for family and guests. This island sanctuary has been the backdrop to laughter-filled summers, quiet mornings on the dock, and unforgettable moments shared with loved ones. Surrounded by rugged natural beauty, endless water views, and the tranquility that only island living can offer, this special property is ready to welcome its next family and create memories for generations to come. (id:66096)

Property Details

MLS®: X13871058
Property Type: Single Family
Zoning: RR3
Bathrooms: 1
Half Baths: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 175 × 394 ft (1.58 acres)
Frontage: 175 ft
Storeys: 1
Heating: Propane, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Property Tax: $1,352/yr
Listed: 28 days ago

Rooms

Main level

Great room: 7.32 x 4.27 meters
Bedroom: 3.66 x 3.05 meters
Bathroom: 3.05 x 2.44 meters

Upper Level

Loft: 7.32 x 3.05 meters

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

Features

Appliances: Furniture
Foundation: Wood/Piers
Exterior: Vinyl siding
Lot Features: Solar Equipment

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Callander listings, avg age

64d

Price / ft²

$461

List price

$415K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.4 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This single family in Callander has been listed for 28 days, which is 36 days fresher than the city average of 64. Act while there is still low competition.

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Listed by REALTY EXECUTIVES Local Group Inc. Brokerage · AIMEE CAZABON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $415,000, about 5.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $81,064 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$415,000· $461/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,750

Min 5%50%

Mortgage payment$2,186/mo

↳ CMHC premium ($15,770 capitalized)

Property tax (est.)$113/mo

Total monthly$2,298

Cash Needed to Close

Down payment (5%)$20,750

Land transfer tax$4,775

Est. closing costs$3,745

Total cash needed$29,270

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