$1,950,000

For sale

Address not available, French River - Single Family for Sale

French River, Ontario, P0M2W0

4 beds2 baths2,250 ft²Listed 14 days ago

Overview

This 4-bedroom, 2-bathroom home in French River is for sale offering roughly 2,250 sq ft of space. It has been on the market 14 days, fresher than the French River average of 109 days.

Houses for Sale in French River →All real estate in French River →

Description

Sprawling family compound on the popular west arm of Lake Nipissing, first time ever offered for sale. Features a beautiful main year round residence with self contained in law suite on the lower level, a two bedroom secondary cottage that can be occupied year round as well, a huge three bay garage with a three bedroom upper loft suite, a barn with a finished upper loft, an amazing central gazebo set up to host large gatherings year round, two boathouses and an artist shack with sleeping quarters above. All in all this beautiful lakefront property can accommodate four or five families comfortably. The lot in this case is larger than most and is very private, with a sheltered cove protecting the boathouse. It is situated at the end of the road and has crown land on one side and at back. (id:66096)

Property Details

MLS®: 2131036
Property Type: Single Family
Zoning: WR
Bedrooms: 4
Bathrooms: 2
Interior Size: 2,250 ft²
Frontage: 423 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Baseboard heaters, Forced air
Cooling: Central air conditioning
Garage: Detached Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Listed: 14 days ago

Rooms

Main level

4pc Bathroom: 8'6 x 5'
Bedroom: 13' x 10'
Primary Bedroom: 14' x 12'
Living room: 20' x 20'
Dining room: 15' x 14'
Kitchen: 12' x 9'

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

Features

Flooring: Hardwood
Foundation: Block
Exterior: Stone

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

French River listings, avg age

109d

Price / ft²

$867

List price

$1.95M

Homes here sell slower than most markets

Sold homes in this market spent an average of 110 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 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in French River has been listed for 14 days, which is 95 days fresher than the city average of 109. Act while there is still low competition.

Set a price alert Book a showing

Listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE · ALEX DUMAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0M)

This home lists at $1,950,000, about 22.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $380,903 (20% down, 25-yr amortization, stress-tested) — roughly 343% above the area median.

Median household income: $86,000
Population: 49,727
Median age: 46.8
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0M)

$1,950,000· $867/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment20% · $390,000

Min 20%50%

Mortgage payment$8,316/mo

Est. property tax$1,625/mo

Total monthly$9,941

Cash Needed to Close

Down payment (20%)$390,000

Land transfer tax$35,475

Est. closing costs$8,350

Total cash needed$433,825

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator