$465,000

For sale

11 Mulligan Lane, Georgian Bay (Baxter) - Single Family for Sale

11 Mulligan Lane, Georgian Bay (Baxter), Ontario, L0K1S0

2 beds2 baths1 parking1,300 ft²$500/mo condo feeListed 124 days ago

Overview

This 2-bedroom, 2-bathroom condo in Georgian Bay is for sale offering roughly 1,300 sq ft of space. Listed at $465,000, it is attractively priced about 22% below the $599,900 median asking price in Georgian Bay. It has been on the market 124 days, fresher than the Georgian Bay average of 136 days.

Condos for Sale in Georgian Bay →All real estate in Georgian Bay →

Description

Set in a PRIME location, this 2nd level Condo Villa in Oak Bay is filled with natural light, has the most beautiful views out over the golf course and out to the water, offers a fantastic well laid out living space and is ready and waiting for those who desire a relaxing low maintenance lifestyle. Featuring the largest entry and foyer, you come in on the main floor and you'll find lots of storage, lots of natural light and a mudroom area with the laundry. There is inside entry from the single car garage as well as a front and back door for maximum convenience for you and your guests. All living space is on the second floor which means nobody is above you!! Located in one of the best spots in all of the Villa's, this home gets loads of natural light all day long with the morning sun coming in the side windows and the afternoon sun coming in the french doors and the family room window. A fabulous eat in kitchen with an over sized custom island that has extra storage on both sides and room to seat 6 is open to the great room with a propane gas fireplace with a stone facade and wood mantle & a walk out to the balcony. The fireplace was installed at a custom height for maximum enjoyment from anywhere in the open concept living area! The bedroom area is separated from the main living area by a hall with a door offering additional privacy The main bathroom is its own little spa oasis in gleaming white tile with a deep tub. The private single car garage is deep and offers extra storage space. This Villa and the community as a whole offer spectacular views year round, is close to walking trails, snow mobile trails, lake swimming, golf, snow shoeing, skiing, a community centre and more. This location is easy for commuting to Barrie, Orillia, Midland, Coldwater, Muskoka & more. You'll find big box stores and beautiful boutiques within an easy drive.Condo fees $500.31 per month. Social fee to be phased in for amenities. Bell Fibe is available for Internet and TV. (id:66096)

Property Details

MLS®: X13517190
Property Type: Single Family
Zoning: RM4-3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: None
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $500/mo
Fee Includes: Common Area Maintenance, Parking
Ownership

Rooms

Main level

Foyer
Laundry room

Second level

Kitchen: 2.69 x 3.35 meters
Dining room: 2.97 x 2.97 meters
Living room: 5.66 x 3.66 meters
Primary Bedroom: 3.66 x 4.04 meters
Bedroom 2: 3.23 x 3.17 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, Dishwasher, Wine Fridge, Stove, Dryer, Microwave, Window Coverings, Water Heater
Flooring: Tile, Laminate
Foundation: Poured Concrete
Exterior: Wood, Vinyl siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

124d

Georgian Bay (Baxter) listings, avg age

136d

Price / ft²

$358

List price

$465K

Homes here sell slower than most markets

Sold homes in this market spent an average of 71 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 92.7 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 Georgian Bay (Baxter) has been listed for 124 days, which is 12 days fresher than the city average of 136. Act while there is still low competition.

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Listed by REAL BROKER ONTARIO LTD. · CATHY KORPI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $465,000, about 5.3× the local median household income of $88,000.

Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.

Median household income: $88,000
Population: 38,386
Median age: 50.8
Owner / renter: 90% / 11%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0K)

$465,000· $358/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,250

Min 5%50%

Mortgage payment$2,449/mo

↳ CMHC premium ($17,670 capitalized)

Property tax (est.)$176/mo

Condo fee$500/mo

Total monthly$3,125

Cash Needed to Close

Down payment (5%)$23,250

Land transfer tax$5,775

Est. closing costs$3,895

Total cash needed$32,920

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