$499,000

$547,000For salePrice drop↓ $48,000 (9%)

302 Egan Lane, Frontenac - Single Family for Sale

302 Egan Lane, Frontenac, Ontario, K0H1T0

2 beds1 bath4 parking350 ft²75 × 155 ft (11,588 sq ft) lot sizeListed 37 days ago

Overview

This 2-bedroom, 1-bathroom home in Frontenac is for sale offering roughly 350 sq ft of space. Listed at $499,000, it is attractively priced about 26% below the $674,000 median asking price in Frontenac. It has been on the market 37 days, fresher than the Frontenac average of 86 days.

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Description

Welcome to your waterfront escape on beautiful Buck Bay, with direct access to Bob's Lake! This charming and extensively updated 2-bedroom cottage offers the perfect combination of comfort, character and incredible waterfront living. The crawlspace has been professionally spray-foam insulated and features heaters with Wi-Fi connectivity, allowing you to monitor and control the heat remotely. A heated water line further enhances the property for year-round use, making it easy to enjoy your lakeside getaway even during the colder months. Inside, you'll find a bright and inviting living space with updated flooring throughout, a cozy woodstove and a beautiful sunroom overlooking the lake - the perfect spot for your morning coffee while taking in the spectacular waterfront views. Step outside and you'll immediately appreciate the beautiful new glass railing, designed to preserve an unobstructed view of the water and allow the scenery to take center stage. Additional updates include a renovated bathroom, metal roof, reverse osmosis system and newer patio door. The cottage was also professionally leveled in 2022, offering added peace of mind. Enjoy beautiful, clean, deep water right off the dock, excellent boating and fantastic bass and pickerel fishing. From Buck Bay, boat directly into Bob's Lake and explore miles of beautiful shoreline, with excellent trout fishing as well. Whether you're looking for a peaceful weekend retreat or a waterfront getaway to enjoy throughout the seasons, this property offers the best of lake life with many of the important upgrades already completed. Turn the key, settle in and start making memories at the lake. (id:66096)

Property Details

MLS®: X13834556
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 350 ft²
Lot Size: 75 × 155 ft (11,588 sq ft)
Frontage: 75 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Baseboard heaters, Electric, Wood
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 4.43 x 4.09 meters
Living room: 3.73 x 4.09 meters
Bedroom: 5.36 x 2.88 meters
Bedroom 2: 2.69 x 2.88 meters
Bathroom: 2.35 x 2.1 meters
Sunroom: 7.93 x 2.81 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, Water Heater
Foundation: Wood/Piers
Exterior: Vinyl siding
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Frontenac listings, avg age

86d

Price / ft²

$1,428

List price

$499K

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 has been listed for 37 days, which is 49 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY GROUP · Mandy Burke

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0H)

This home lists at $499,000, about 5.4× the local median household income of $92,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 6% above 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)

$499,000· $1,428/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$148/mo

Total monthly$2,776

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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