$949,500
Frontenac
1070 Young Lane, Frontenac (Frontenac North), Ontario, K0H2J0
This 6-bedroom, 2-bathroom home in Frontenac is for sale offering roughly 1,750 sq ft of space. It has been on the market 108 days, fresher than the Frontenac average of 112 days.
Rare waterfront offering on spring fed Palmerston Lake, featuring a well-established year-round residence with two additional fully serviced and furnished guest cottages. This versatile property provides options for extended family use or rental income/investment potential. Positioned on the desirable side of the lake with western exposure, this spacious waterfront lot enjoys more hours of sunshine and beautiful evening sunsets. This property boasts a boathouse and boat slip for your water toys, clear water with sandy bottom for excellent swimming, and a firepit perfect for relaxing on cool evenings. Each building has its own waterside porch, making it easy for multiple families or guests to enjoy the property together while still having their own space. The main home has been comfortably lived in year-round for over 30 years and includes central air for your comfort. With a long list of recent upgrades (list on file),you will find this property turnkey. Let the power go out, not a worry as this property is equipped with Generlink and will run all three buildings if necessary. Enjoy Palmerston Lake Conservation Area just down the road offering scenic hiking trails adding even more opportunities to enjoy the outdoors. Conveniently located just five minutes from Palmerston Lake Marina for gas and snacks, and approximately fifteen minutes to local amenities including Home Hardware, restaurant, small grocery store, and liquor store. The property is approximately 45 minutes to the Town of Perth and just over an hour and a half to the City of Ottawa. Leave the rat race behind. Doctor recommended. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 108 days on market, against an average age of 112 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 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 6-bed single family in Frontenac (Frontenac North) has been listed for 108 days, which is 4 days fresher than the city average of 112. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,500, about 10.3× the local median household income of $92,000.
Carrying it typically needs a household income of about $185,471 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.