$649,000

For sale

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1276 Island 980, Georgian Bay (Baxter) - Single Family for Sale

1276 Island 980, Georgian Bay (Baxter), Ontario, P0E1E0

3 beds1 bath0 parking ft²

213 HASKETTS Drive, Georgian Bay (Baxter), Ontario, L0K1S0

4 bd2 ba4 pk1,300 ft²

Listed by Corcoran Horizon Realty

158 Oak Bay Road, Georgian Bay (Baxter), Ontario, L0K1S0

For sale

7 days ago

$690K

158 Oak Bay Road, Georgian Bay (Baxter), Ontario, L0K1S0

2 bd1 ba3 pk900 ft²Lot size 142 × 195 ft (27,638 sq ft)

Listed by Team Hawke Realty

100 Island 630/Roberts Island, Georgian Bay (Baxter), Ontario, P0E1E0

For sale

8 days ago

$1.29M

100 Island 630/Roberts Island, Georgian Bay (Baxter), Ontario, P0E1E0

4 bd3 ba2,250 ft²Lot size 382 × 868 ft (7.61 acres)

Listed by RE/MAX By The Bay Brokerage

1564 Honey Harbour Road, Georgian Bay (Baxter), Ontario, L0K1S0

For sale

11 days ago

$875K

1564 Honey Harbour Road, Georgian Bay (Baxter), Ontario, L0K1S0

4 bd3 ba17 pk3,250 ft²Lot size 493 × 556 ft (6.28 acres)

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Investment analysis

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$649,000

Georgian Bay

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195 × 353 ft (1.58 acres) lot size

Overview

This 3-bedroom, 1-bathroom home in Georgian Bay is for sale offering roughly 1,750 sq ft of space. Listed at $649,000, it is attractively priced about 32% below the $949,900 median asking price in Georgian Bay.

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

Description

Seller is open to the possibility of holding a mortgage! Less than 10 minutes by boat from local marinas to this super private property on the back of Deer Island in Honey Harbour. The cottage features 2 bedrooms on the main level and a huge loft bedroom. The great room boasts soaring vaulted ceilings and an open floor plan with living/dining and kitchen. There's a woodstove in the living room which will heat the entire front part of the cottage as well as the loft with ease. Down by the water, there's a very large dry boathouse / workshop which and dock with deep water for your boat. Enjoy unlimited boating on Georgian Bay this summer. (id:66096)

Property Details

MLS®: X12838692
Property Type: Single Family
Zoning: SRI1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 1,750 ft²
Lot Size: 195 × 353 ft (1.58 acres)
Frontage: 195 ft
Storeys: 1
Basement: Crawl space
Heating: Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,977/yr
Listed: 248 days ago

Rooms

Ground level

Living room: 7.5 x 3.38 meters
Kitchen: 7.5 x 3.38 meters
Pantry: 3.02 x 1.09 meters
Utility room: 3.53 x 1.75 meters
Bedroom: 3.58 x 2.54 meters
Bedroom: 3.58 x 2.54 meters
Bathroom
Bathroom

Second level

Bedroom: 3.56 x 3.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Wooded area

Services

Water: Lake/River Water Intake
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

248d

Georgian Bay (Baxter) listings, avg age

136d

Price / ft²

$371

List price

$649K

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 3-bed single family in Georgian Bay (Baxter) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage In Touch Realty · MICHAEL BELSEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0E)

This home lists at $649,000, about 7.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.

Median household income: $83,000
Population: 3,606
Median age: 54.4
Owner / renter: 94% / 6%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0E)

$649,000· $371/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$331/mo

Total monthly$3,708

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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