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$799,800
Hastings Highlands
32990 Highway 62, Hastings Highlands (Monteagle Ward), Ontario, K0L2S0
This multi-family property in Hastings Highlands is for sale. It has been on the market 30 days, fresher than the Hastings Highlands average of 67 days.
Looking for a home where everyone can truly have their own space? And maybe add a bed-and-breakfast operation? This one-of-a-kind Maynooth property offers approximately 8,000 sq. ft. and an incredible 15 bedrooms, creating a rare opportunity for a large family, multigenerational household, or even two families looking to purchase and live together. The size and unique layout provide endless flexibility, with plenty of room for private bedrooms, gathering spaces, home offices, hobbies, guests and extended family. For those looking for a different way of living, this could be an opportunity to share home ownership while still having space to spread out. Known for more than 100 years as the Arlington Hotel, the property also offers the possibility of combining home and income. Existing spaces include a restaurant, bar, patio and guest accommodations, offering an entrepreneurial buyer the chance to work from home or explore other income-producing possibilities. Located in the charming village of Maynooth, known for its antique shops, galleries and local artisans, the property is near everyday amenities and approximately 20 minutes from Algonquin Park. Whether envisioned as one remarkable family home, a multigenerational property, shared home for two families, or a home-and-business opportunity, this is a property unlike anything else on the market. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 65 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 91.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 12-bed multi-family in Hastings Highlands (Monteagle Ward) has been listed for 30 days, which is 37 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,800, about 10.1× the local median household income of $79,000.
Carrying it typically needs a household income of about $156,229 (20% down, 25-yr amortization, stress-tested) — roughly 98% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.