$399,900

For sale

38 Island 130 Severn River, Georgian Bay (Baxter) - Single Family for Sale

38 Island 130 Severn River, Georgian Bay (Baxter), Ontario, L0K1S0

2 beds1 bath0 parking350 ft²339 × 214 ft (1.66 acres) lot sizeListed 76 days ago

Overview

This 2-bedroom, 1-bathroom home in Georgian Bay is for sale offering roughly 350 sq ft of space. It has been on the market 76 days, fresher than the Georgian Bay average of 136 days.

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Description

BOAT ACCESS - Welcome to your own private escape on Beechwood Island, where privacy, natural beauty & peaceful waterfront living come together. This adorable 522 sq. ft. cottage enjoys an impressive 339 ft. of incredibly private waterfront, tucked away on a secluded back bay with Crown land directly across & beside the property - no neighbours in sight. The 0.63 acre lot is surrounded by towering pine trees, granite outcroppings & a large natural rock wall that creates an added sense of privacy from the other side of the island. Explore the island's walking trails, relax by the water & watch for wildlife or take advantage of the Trent Severn Waterway & explore the local lakes! Inside, the cottage features an open-concept kitchen, living & dining area with windows spanning the front of the cottage, filling the space with natural light & beautiful lake views. A newer pine ceiling & wood stove create the perfect cozy atmosphere for relaxing evenings. The main bedroom offers an additional adjoining room currently set up as a second bedroom, plus a 3pc bathroom with a newer incinerating toilet. Gloucester Pool has controlled water levels & is a full service lake with multiple restaurants, marinas & just one lock from Georgian Bay. Located 1.5 hours from the GTA & a 5 minute boat ride from the closest marinas. This cottage comes fully furnished & is ready for you to enjoy this year. (id:66096)

Property Details

MLS®: X13695302
Property Type: Single Family
Zoning: SR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 350 ft²
Lot Size: 339 × 214 ft (1.66 acres)
Frontage: 339 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes

Rooms

Main level

Kitchen: 3.07 x 2.31 meters
Living room: 3.05 x 3.57 meters
Dining room: 2.84 x 3.57 meters
Primary Bedroom: 2.21 x 3.87 meters
Bedroom 2: 2.22 x 1.96 meters
Bathroom: 2.74 x 2.22 meters

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

Features

Appliances: Refrigerator, Stove, Furniture, Window Coverings, Water Heater
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Hillside, Wooded area, Irregular lot size, Rocky, Partially cleared, Carpet Free

Services

Water: Lake/River Water Intake
Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

Georgian Bay (Baxter) listings, avg age

136d

Price / ft²

$1,144

List price

$400K

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 76 days, which is 60 days fresher than the city average of 136. Act while there is still low competition.

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Listed by Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty · VICTORIA POOLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $399,900, about 4.5× the local median household income of $88,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,900· $1,144/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$182/mo

Total monthly$2,288

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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