$749,999

For saleJust listed

159 Morgan Road, East Ferris - Single Family for Sale

159 Morgan Road, East Ferris, Ontario, P0H1K0

4 beds2 baths6 parking1,750 ft²101 × 179 ft (18,059 sq ft) lot sizeListed 2 days ago

Overview

This 4-bedroom, 2-bathroom home in East Ferris is for sale offering roughly 1,750 sq ft of space. It has been on the market 2 days, fresher than the East Ferris average of 95 days.

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Description

Welcome to 159 Morgan Road, where 100 feet of pristine southeast-facing waterfront offers breathtaking sunrises and exceptional four-season living. Beautifully updated and thoughtfully expanded, this waterfront home features a stunning two-storey 16' x 30' addition with a spacious family room, bright den with soaring 18-foot ceilings, and patio doors leading to a large waterfront deck. The main floor offers two bedrooms, including a primary bedroom with a 2-piece ensuite, kitchen, 4pc bath plus a spacious dining room and living room overlooking the water. Two additional bedrooms in addition provide plenty of space for family and guests. Recent upgrades include new vinyl siding, a metal roof, mostly new windows, new flooring, and electric baseboard heating throughout. Outside, enjoy a heated garage/workshop with a concrete floor, expansive paved driveway. Designed for effortless waterfront living, the property is generator-ready, serviced by a drilled well, and includes a shoreline lake water system for the gardens. At the water's edge you'll find an electric boat lift, a 24-foot cantilever dock, a covered boat slip, and spectacular views. Private road maintenance approximately $300 annually, ensuring easy year-round access. The perfect waterfront retreat, 159 Morgan Road offers an outstanding combination of modern updates, exceptional amenities, and a peaceful waterfront lifestyle. (id:66096)

Property Details

MLS®: X14137878
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 101 × 179 ft (18,059 sq ft)
Frontage: 101 ft
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: Detached Garage, Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $2,977.14/yr

Rooms

Main level

Family room: 4.64 x 6.06 meters
Den: 3.29 x 4.5 meters
Dining room: 5.44 x 4.07 meters
Living room: 2.22 x 5.6 meters
Kitchen: 2.87 x 2.94 meters
Primary Bedroom: 3.19 x 5.18 meters
Bathroom: 1 x 1.65 meters
Bedroom 2: 2.87 x 2.61 meters
Laundry room: 1.6 x 1 meters

Second level

Bedroom 4: 3.36 x 2.84 meters

Features

Appliances: Washer, Refrigerator, Stove, Blinds
Foundation: Wood/Piers
Exterior: Vinyl siding
Lot Features: Sloping, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable, Telephone, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

East Ferris listings, avg age

95d

Price / ft²

$429

List price

$750K

Homes here sell faster than most markets

Sold homes in this market spent an average of 37 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 98.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in East Ferris has been listed for 2 days, which is 93 days fresher than the city average of 95. Act while there is still low competition.

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Listed by Royal LePage Northern Life Realty, Brokerage · MANON SEYLER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $749,999, about 9.4× the local median household income of $80,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 83% 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)

$749,999· $429/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $49,999.90

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$248/mo

Total monthly$4,129

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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