$799,000

For sale

54 Cedar Drive, Hastings Highlands (Herschel Ward) - Single Family for Sale

54 Cedar Drive, Hastings Highlands (Herschel Ward), Ontario, K0L1C0

3 beds3 baths4 parking1,750 ft²120 × 632 ft (1.74 acres) lot sizeListed 33 days ago

Overview

This 3-bedroom, 3-bathroom home in Hastings Highlands is for sale offering roughly 1,750 sq ft of space. It has been on the market 33 days, fresher than the Hastings Highlands average of 112 days.

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Description

Fabulous Lakefront Home: This property sports a 3 bedroom 2 1/2 bath home on a beautifully landscaped 2.3 acre waterfront lot on beautiful Redmond Bay, just minutes from downtown Bancroft in a very private setting. This home features 3 bedrooms with a large 4 piece main bath and amazing ensuite and main floor laundry. The kitchen and dining room are open concept and the living room has a beautiful fireplace and fantastic views across the lake. You can also sit out on the large decks and enjoy the sunshine and views of the lake with a glass of wine. The large primary bedroom has a stand up propane fireplace to enjoy chilly evenings. The property has a 2 car fully insulated garage plumbed for propane heat and a large storage shed for your gardening tools. New roof in 2023 on house and new roof on garage in 2022. This is a Quality Engineered Home built in 2008 insulated to R24. Property has manicured grounds, natural shoreline and dock, fantastic for canoeing, kayaking and fishing. The unfinished basement is a blank canvas ready for you to complete. The list goes on and on. Come and have a look, you will not be disappointed! (id:66096)

Property Details

MLS®: X13855828
Property Type: Single Family
Zoning: Residential on water
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 120 × 632 ft (1.74 acres)
Frontage: 120 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace

Rooms

Main level

Kitchen: 3.62 x 4.6 meters
Dining room: 3.26 x 4.9 meters
Living room: 4.51 x 6.7 meters
Primary Bedroom: 4.48 x 4.08 meters
Bedroom 2: 4.48 x 3.35 meters
Bedroom 3: 4.48 x 3.81 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Hardwood, Carpeted
Foundation: Concrete
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Telephone, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Hastings Highlands (Herschel Ward) listings, avg age

112d

Price / ft²

$457

List price

$799K

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.

Haho

This 3-bed single family in Hastings Highlands (Herschel Ward) has been listed for 33 days, which is 79 days fresher than the city average of 112. Act while there is still low competition.

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Listed by Century 21 Granite Realty Group Inc. · Dave Reeves

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $799,000, about 10.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 98% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$799,000· $457/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$450/mo

Total monthly$4,575

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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