$799,000

For sale

15052 Georgian Bay Shore, Georgian Bay (Baxter) - Single Family for Sale

15052 Georgian Bay Shore, Georgian Bay (Baxter), Ontario, P0E1E0

3 beds1 bath0 parking353 × 225 ft (1.82 acres) lot sizeListed 179 days ago

Overview

This 3-bedroom, 1-bathroom home in Georgian Bay is for sale. Listed at $799,000, it is attractively priced about 16% below the $949,900 median asking price in Georgian Bay.

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Description

This is a real gem, located in the Cognashene area, about 15 minutes by boat from marinas in Honey Harbour on Georgian Bay. You're going to love the privacy of 353' of shoreline and over 3.7 acres of land. There's a mixture of shallow sandy shoreline and deep water for docking and diving. The well treed lot features lots of room for exploring out back as well as an awesome elevated rock point where you could put another deck. Directly behind the rock point there's a great spot for a larger sleeping cabin and the newer septic system was designed to handle an additional washroom and sleeping cabin. The main cottage is classic Georgian Bay with 3 bedrooms, an open living/dining area and a covered and screened porch. There's even a great new bunkie with a loft and bunks for extra visitors. (id:66096)

Property Details

MLS®: X13113924
Property Type: Single Family
Zoning: SR1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 0
Lot Size: 353 × 225 ft (1.82 acres)
Frontage: 353 ft
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $3,372/yr
Listed

Rooms

Main level

Living room: 7.92 x 4.26 meters
Kitchen: 5.3 x 2.74 meters
Sunroom: 4.57 x 2.43 meters
Primary Bedroom: 3.65 x 3.04 meters
Bedroom: 3.35 x 2.74 meters
Bedroom: 3.35 x 2.74 meters
Bathroom: 2.42 x 1.51 meters

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

Features

Foundation: Wood/Piers
Exterior: Wood
Lot Features: Wooded area, Rocky, Sloping

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

179d

Georgian Bay (Baxter) listings, avg age

136d

List price

$799K

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 $799,000, about 9.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 88% 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)

$799,000

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$281/mo

Total monthly$4,406

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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