$1,645,000

For sale

427 Balmy Beach Road, Georgian Bluffs - Single Family for Sale

427 Balmy Beach Road, Georgian Bluffs, Ontario, N4K5N4

3 beds3 baths8 parking2,250 ft²100 × 150 ft (15,000 sq ft) lot sizeListed 31 days ago

Overview

This 3-bedroom, 3-bathroom home in Georgian Bluffs is for sale offering roughly 2,250 sq ft of space. It has been on the market 31 days, fresher than the Georgian Bluffs average of 106 days.

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Description

Stunning waterfront home on coveted Balmy Beach Road. Experience breathtaking panoramic water views from every level of this 3-bedroom, 3-bathroom waterfront residence. The updated kitchen features sleek quartz countertops, an undermount sink, and a captivating view of the bay. Enjoy the convenience of main-floor laundry and a main floor bedroom and full bathroom. Upstairs, the expansive master suite offers privacy, a luxurious ensuite, and a spacious walk-in closet. The lower level is a versatile retreat, complete with a full kitchen and a generous recreation room with walkout access to the water, perfect as a granny flat or guest suite. Step outside to a gently sloping lawn leading directly to the water's edge, and let the kids enjoy the insulated bunkie by the shore. This home perfectly combines comfort, style, and waterfront living. (id:66096)

Property Details

MLS®: X13860870
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 8
Interior Size: 2,250 ft²
Lot Size: 100 × 150 ft (15,000 sq ft)
Frontage: 100 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener
Foundation: Poured Concrete
Exterior: Wood

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Georgian Bluffs listings, avg age

106d

Price / ft²

$731

List price

$1.65M

Homes here sell slower than most markets

Sold homes in this market spent an average of 63 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 94.2 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 Bluffs has been listed for 31 days, which is 75 days fresher than the city average of 106. Act while there is still low competition.

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Listed by Sutton-Sound Realty · BRAD BARFOOT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $1,645,000, about 23.7× the local median household income of $69,500.

Carrying it typically needs a household income of about $321,326 (20% down, 25-yr amortization, stress-tested) — roughly 362% above the area median.

Median household income: $69,500
Population: 28,975
Median age: 49.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$1,645,000· $731/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $329,000

Min 20%50%

Mortgage payment$7,016/mo

Property tax (est.)$679/mo

Total monthly$7,694

Cash Needed to Close

Down payment (20%)$329,000

Land transfer tax$29,375

Est. closing costs$7,435

Total cash needed$365,810

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