$1,198,000
Frontenac Islands
199 & 213 Leone's Cove Lane, Frontenac Islands (Wolfe Island), Ontario, K0H2Y0
This multi-family property in Frontenac Islands is for sale offering roughly 1,750 sq ft of space. It has been on the market 49 days, fresher than the Frontenac Islands average of 95 days.
Rare opportunity to own 2 separate but adjoined waterfront properties, offering a combined 3.6 acres and 312 feet of clean, sheltered shoreline on the South/Eastern end of Wolfe Island in the heart of the Thousand Islands. Currently a perfect a perfect single family compound, two deeds allow the option of a guest house if desired. 199 Leone's Cove Lane is a fabulous turnkey, split level home. The main level's great layout offers open concept kitchen and dining. electric fireplace, and patio doors opening onto a spectacular river view deck. A walk through pantry and custom bar lead to a 3-piece bathroom. The upper level has three bedrooms and full bath, while the lower level has a rec room with walk out to patio doors, laundry/mechanical room and an additional bedroom. Outside, over 2 acres of landscaped and manicured grounds provide ample space to enjoy more than 220 feet of natural flat rock shore. The property boasts new steel and stone break walls and ample floating and fixed dockage, perfect for swimming, fishing, kayaking, and boating. A fantastic garage (22x19) with pine board and batten interior with pot lighting provides another cozy indoor space. There is a lovely outdoor pavilion built for parties and entertaining that overlooks ships navigating the St. Lawrence River to and from Lake Ontario.213 Leone's Cove Lane, the waterfront neighbouring property, has a 38x35 foot barn adorned from floor to ceiling with knotty pine, patio doors leading out to a stone landing, and quality lighting. All buildings for both properties have beautifully coordinated stone and siding. An additional 1.2 acres leads to 91 feet of clean shoreline, with your own boat launch and floating dock. Truly a once-in-a-lifetime opportunity. It's time to pack your bags, grab your friends and family and start making wonderful memories. Be one of the lucky few to know the joys of island life. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 95 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 80 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 90.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed multi-family in Frontenac Islands (Wolfe Island) has been listed for 49 days, which is 46 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,198,000, about 13.0× the local median household income of $92,000.
Carrying it typically needs a household income of about $234,011 (20% down, 25-yr amortization, stress-tested) — roughly 154% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0H)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.