For sale

16 days ago

$299K

Gore Bay, Ontario, P0P1H0

4 bd2 ba1,750 ft²

Listed by MANITOULIN ISLAND REAL ESTATE BROKERAGE INC.

For sale

21 days ago

$459K

Gore Bay, Ontario, P0P1H0

4 bd1 ba1,300 ft²

Listed by BOUSQUET REALTY, BROKERAGE

For sale

21 days ago

$459K

Gore Bay, Ontario, p0p1H0

4 bd2 ba2,250 ft²

Listed by BOUSQUET REALTY, BROKERAGE

For sale

138 days ago

$470K

Gore Bay, Ontario, P0P1H0

3 bd2 ba2,250 ft²

Listed by MANITOULIN ISLAND REAL ESTATE BROKERAGE INC.

Investment analysis

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$529,000

Gore Bay

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$529,000

$579,000For salePrice drop↓ $50,000 (9%)

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Address not available, Gore Bay - Single Family for Sale

Gore Bay, Ontario, P0P1H0

3 beds2 baths1,750 ft²Listed 163 days ago

Overview

This 3-bedroom, 2-bathroom home in Gore Bay is for sale offering roughly 1,750 sq ft of space.

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

Description

Welcome to this quality home in Gore Bay! This 3 bedroom 2 bathroom one level home has almost 1600 sq.ft. of living space. It is ideal for those desiring minimal maintenance inside and out. It has 3 heating sources including in-floor heat, ductless heat pump, and an electric fireplace. This home offers quartz countertops, wood look LVP flooring, LED lights throughout, and custom built cabinets. The builder and house are registered with Tarion and HST is included in the asking price. Easy walk to downtown! NOTE: The current advertised price reflects the HST relief from the incentive program offered in Ontario for new homes. However, if an agreement of Purchase & Sale is not executed before March 31st 2027, or the program is not extended, the asking price will return to its original amount at that time. (id:66096)

Property Details

MLS®: 2127826
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Bathrooms: 2
Interior Size: 1,750 ft²
Frontage: 57 ft
Style: Bungalow
Basement: None
Heating: Heat Pump, In Floor Heating, Other
Garage: Attached Garage, Gravel
Ownership: Freehold
Listed: 163 days ago

Rooms

Main level

Ensuite: 9'6"" x 7'3""
Primary Bedroom: 13' x 13'
Living room/Dining room: 18' x 17'3""
Kitchen: 18' x 13'2""
4pc Bathroom: 6'9"" x 5'6""
Laundry room: 9'10"" x 7'
Bedroom: 10' x 11'
Bedroom: 11' x 10'

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

Features

Flooring: Concrete
Foundation: Concrete Slab
Exterior: Steel

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

163d

Gore Bay listings, avg age

123d

Price / ft²

$302

List price

$529K

Haho

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Listed by BOUSQUET REALTY, BROKERAGE · SCOTT MCDOUGALL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0P)

This home lists at $529,000, about 8.3× the local median household income of $64,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.

Median household income: $64,000
Population: 20,285
Median age: 50.8
Owner / renter: 82% / 18%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0P)

$529,000· $302/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Est. property tax$441/mo

Total monthly$3,219

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$7,055

Est. closing costs$4,087

Total cash needed$39,042

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