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$474,900
Carlow/Mayo
529 Mayo Lake Road, Carlow/Mayo (Mayo Ward), Ontario, K0L1C0
This 3-bedroom, 2-bathroom home in Carlow/Mayo is for sale offering roughly 900 sq ft of space. Listed at $474,900, it is attractively priced about 32% below the $699,900 median asking price in Carlow/Mayo. It has been on the market 89 days, fresher than the Carlow/Mayo average of 125 days.
Little Mississippi River - don't let this one pass you by! This adorable home with a private yard has a beautiful view of the river from the spacious back deck. Great spot for swimming and you can traverse the river with your kayak and canoe while you enjoy nature at its finest. Yard is level at the road then slopes to the water and is level at the river. Property is 2.51 acres with 380' of river front. This well maintained home has 2 bedrooms on the main floor, a shared kitchen & dining room that overlooks the river, living room, main floor laundry and a 4 piece bathroom. Walkout basement features a 3rd bedroom, 2 piece bathroom, rec room, mud room, utility room and lots of storage. There is a second large deck facing the road and a storage shed for all your needs. If you don't want to drive 20 minutes to town, Cunningham's General Store is 5 minutes away and provides gas, groceries and a liquor store. Recent updates include a heat pump in 2020 and a new water pump in 2023. The added bonus with this house is the Tesla Powerwall which is part of the Residential Reliability Improvement Program. It can be transferred to a new owner or removed by closing date. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 89 days on market, against an average age of 125 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 89.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Carlow/Mayo (Mayo Ward) has been listed for 89 days, which is 36 days fresher than the city average of 125. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $474,900, about 6.0× the local median household income of $79,000.
Carrying it typically needs a household income of about $92,765 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
