$950,000

For saleJust listed

731 Macpherson Drive, East Ferris - Single Family for Sale

731 Macpherson Drive, East Ferris, Ontario, P0H1B0

3 beds3 baths8 parking1,300 ft²110 × 262 ft (28,831 sq ft) lot sizeListed 6 days ago

Overview

This 3-bedroom, 3-bathroom home in East Ferris is for sale offering roughly 1,300 sq ft of space. It has been on the market 6 days, fresher than the East Ferris average of 94 days.

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Description

Welcome to 731 McPherson Drive on beautiful Trout Lake. This three-bedroom bungalow offers open-concept living with a spacious kitchen, dining and living area anchored by an impressive 5 by 10 island, perfect for hosting or everyday family life. Main floor includes a 3pc bath .The walkout basement adds versatility with a two-piece bathroom offering flexible space for guests or extended family. The private primary suite features a five-piece ensuite (measuring 12'8" by 7'0") and a walk-in closet (12'2" by 5'5"). A double attached garage adds convenience, and down by the water, a charming open concept bunkie with 3 queen size beds (sleeps 6)offers extra space for guests or quiet retreats. Multiple decks invite you to relax and soak in the surroundings. Drilled well for your convenience. Sprinkler system serviced by lake water are one of many details this home has to offer! Move-in ready for your lakeside lifestyle. (id:66096)

Property Details

MLS®: X14129092
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 110 × 262 ft (28,831 sq ft)
Frontage: 110 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Living room: 3.3 x 5.57 meters
Kitchen: 4.02 x 3.84 meters
Dining room: 3.35 x 5.57 meters

Lower level

Primary Bedroom: 3.56 x 3.77 meters
Bedroom 2: 2.94 x 3.12 meters
Bedroom 3: 3.27 x 2.66 meters
Family room: 4.11 x 4.52 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s)
Foundation: Block
Exterior: Brick
Lot Features: Guest Suite

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

East Ferris listings, avg age

94d

Price / ft²

$731

List price

$950K

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 3-bed single family in East Ferris has been listed for 6 days, which is 88 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Century 21 Blue Sky Region Realty Inc., Brokerage · CLAIRE SALMON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $950,000, about 11.9× the local median household income of $80,000.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 132% 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)

$950,000· $731/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.37% · $70,000

Min 7.37%50%

Mortgage payment$4,879/mo

↳ CMHC premium ($35,200 capitalized)

Property tax (est.)$438/mo

Total monthly$5,316

Cash Needed to Close

Down payment (7.37%)$70,000

Land transfer tax$15,475

Est. closing costs$5,350

Total cash needed$90,825

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