$349,900

For sale

1256 Elm Tree Road, Frontenac (Frontenac Centre) - Single Family for Sale

1256 Elm Tree Road, Frontenac (Frontenac Centre), Ontario, K0H1B0

2 beds2 baths4 parking900 ft²1189 × 670 ft (18.29 acres) lot sizeListed 34 days ago

Overview

This 2-bedroom, 2-bathroom home in Frontenac is for sale offering roughly 900 sq ft of space. Listed at $349,900, it is attractively priced about 39% below the $569,900 median asking price in Frontenac. It has been on the market 34 days, fresher than the Frontenac average of 104 days.

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Description

Attention hunters and gatherers! 33 Acres of Wild Potential with 1000ft of waterfront on the Salmon River, near the lovely village of Arden, with a 2-bed, 1.5-storey, 700 sq ft year-round cottage or full time home. Come stay where the deer play! Zig-zagging trails crisscross the property, perfect for ATVs, hikes, snowshoeing, or just wandering. Paddle down the peaceful river, fish till sunset, or park your canoe and soak in the beauty of the Canadian Shield with Crown Land all around you. Yes, the cottage needs updating but it is clean and cozy and the potential for severance allows you to stay in the cottage while you build your dream near the river. You've got a drilled well, septic, a generator, plus extras like a ride-on mower, multiple outbuildings, and plenty of gear to get you started. Located just 2.5 hours from Toronto and 1.5 from Ottawa, it's far enough to feel off-grid but close enough to escape for a weekend or forever. This outstanding property could be yours in time for hunting season or Christmas dinner with the family! (id:66096)

Property Details

MLS®: X13849530
Property Type: Single Family
Zoning: RTEP
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 1189 × 670 ft (18.29 acres)
Frontage: 1,189 ft
Storeys: 1
Basement: Crawl space
Heating: Heat Pump, Baseboard heaters, Electric, Wood, Other, Other
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 6.22 x 4.87 meters
Bathroom: 2.26 x 1.65 meters
Foyer: 3.25 x 1.3 meters

Upper Level

Bathroom: 2.13 x 1.65 meters
Primary Bedroom: 3.35 x 3.04 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, Stove, Dryer, Water Heater
Foundation: Stone, Concrete
Exterior: Vinyl siding
Lot Features: Irregular lot size, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Frontenac (Frontenac Centre) listings, avg age

104d

Price / ft²

$389

List price

$350K

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.

Haho

This 2-bed single family in Frontenac (Frontenac Centre) has been listed for 34 days, which is 70 days fresher than the city average of 104. Act while there is still low competition.

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Listed by EXP REALTY, BROKERAGE · JESSICA PEETERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0H)

This home lists at $349,900, about 3.8× the local median household income of $92,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $92,000
Population: 47,286
Median age: 51.2
Owner / renter: 91% / 10%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0H)

$349,900· $389/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$266/mo

Total monthly$2,108

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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