$1,098,000

For sale

566 Hungry Bay Road West, Georgian Bay (Baxter) - Single Family for Sale

566 Hungry Bay Road West, Georgian Bay (Baxter), Ontario, L0K1S0

3 beds1 bath6 parking1,300 ft²126 × 182 ft (22,932 sq ft) lot sizeListed 63 days ago

Overview

This 3-bedroom, 1-bathroom home in Georgian Bay is for sale offering roughly 1,300 sq ft of space. It has been on the market 63 days, fresher than the Georgian Bay average of 136 days.

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Description

Welcome to your dream lakeside escape! This 3-bedroom, 1-bath cottage sits so close to the water it feels like you're living on a ship, perfect for sunrise coffee or summer dining! Enjoy deep, crystal-clear swimming right off the dock and effortless midnight dips in the moonlight. The property's western exposure fills every afternoon with golden sunshine and ends each day with breathtaking sunsets over the lake. The orioles Toronto Dominion Centre gazebo catches every breeze, keeping things cool and bug-free, while the spacious deck and big grill make entertaining family and friends a joy. Set on a Township-maintained, four-season road just minutes off Highway 400, this cottage offers unbeatable convenience without sacrificing tranquility. A partial boathouse with marine rail adds character and function, and the 800 sq. ft. four-season studio bunkie with its own bathroom and attached garage (built in 2011) provides amazing versatility-ideal as a guest suite, creative studio, or private retreat. Surrounded by mature trees and friendly neighbours set back up the hill, you'll enjoy exceptional privacy, sunshine, and calm, sheltered waters on the 50+ km McDonald-Gibson Provincial Canoe Route. Whether you're paddling, swimming, grilling, or relaxing in the gazebo, this is lakeside living at its absolute best! (id:66096)

Property Details

MLS®: X13745808
Property Type: Single Family
Zoning: Shoreline Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 126 × 182 ft (22,932 sq ft)
Frontage: 126 ft
Basement: None
Heating: Baseboard heaters, Electric, Propane, Other
Cooling: None
Garage: Detached Garage, Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $4,612.53/yr

Rooms

Main level

Living room: 5.12 x 10.03 meters
Dining room: 2.4 x 4.25 meters
Primary Bedroom: 4.13 x 2.46 meters
Bedroom 2: 2.4 x 3.06 meters

Ground level

Kitchen: 4.05 x 4.87 meters
Bathroom: 1.18 x 2.45 meters

Lower level

Foyer: 3.94 x 4.78 meters
Bedroom 3: 3.94 x 2.61 meters
Other: 1.43 x 1.95 meters

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

Features

Flooring: Hardwood
Foundation: Block
Exterior: Aluminum siding, Vinyl siding
Lot Features: Wooded area, Sloping, Waterway, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Georgian Bay (Baxter) listings, avg age

136d

Price / ft²

$845

List price

$1.10M

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) has been listed for 63 days, which is 73 days fresher than the city average of 136. Act while there is still low competition.

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Listed by Corcoran Horizon Realty · JEFFREY BRAUN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $1,098,000, about 12.5× the local median household income of $88,000.

Carrying it typically needs a household income of about $214,478 (20% down, 25-yr amortization, stress-tested) — roughly 144% 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)

$1,098,000· $845/ft²

For sale

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Full Cost Breakdown

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Down Payment7.72% · $84,800

Min 7.72%50%

Mortgage payment$5,617/mo

↳ CMHC premium ($40,528 capitalized)

Property tax (est.)$384/mo

Total monthly$6,002

Cash Needed to Close

Down payment (7.72%)$84,800

Land transfer tax$18,435

Est. closing costs$5,794

Total cash needed$109,029

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