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$525,000
Frontenac
1153 Harold Burke Road, Frontenac (Frontenac Centre), Ontario, K0H2E0
This 3-bedroom, 1-bathroom home in Frontenac is for sale offering roughly 1,750 sq ft of space. Listed at $525,000, it is attractively priced about 12% below the $599,900 median asking price in Frontenac. It has been on the market 58 days, fresher than the Frontenac average of 103 days.
A rambling, fascinating four-bedroom steel-roofed farmhouse on 263 acres just north of Mountain Grove and Hwy 7. A Rogers radio tower has been strapped with steel cables to the top of what is apparently the highest point in Central Frontenac and provides guaranteed income of $776.41 each month, plus $1500 per year. It's a stupidly pretty mix of mixed forest, along with a small amount of meadow/pasture (20 to 30 acres, maybe) mostly next to the road. That gravel road in to the house bisects the clear waters of Sharbot creek, running north to the horizon and rolling distant hills. You could spend a lifetime cataloguing the flora and fauna and wildlife, or simply exploring, You could use the farmhouse as the base for a fishing and hunting camp (bass, pike, deer, bears, and even - though rarely - moose), and this may well be the most straightforward future. That blue roof is keeping everything warm and dry, and the floor plan is interesting and features some cathedral ceilings and elevated walkways, some 19th century beams, but a full restoration would take both time and money. This very large, very beautiful property is located an hour north of Kington, ninety minutes from Ottawa and about three hours east of Toronto. HST may well be applicable to a portion of the sale, but those pastures are quite limited and are not presently in use. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 58 days on market, against an average age of 103 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 3-bed single family in Frontenac (Frontenac Centre) has been listed for 58 days, which is 45 days fresher than the city average of 103. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $525,000, about 5.7× the local median household income of $92,000.
Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.