$549,900

For sale

1046 Edith Crescent, Highlands East (Glamorgan) - Single Family for Sale

1046 Edith Crescent, Highlands East (Glamorgan), Ontario, K0M1R0

3 beds1 bath5 parking900 ft²100 × 261 ft (26,140 sq ft) lot sizeListed 85 days ago

Overview

This 3-bedroom, 1-bathroom home in Highlands East is for sale offering roughly 900 sq ft of space. Listed at $549,900, it is attractively priced about 19% below the $675,000 median asking price in Highlands East. It has been on the market 85 days, fresher than the Highlands East average of 103 days.

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Description

Welcome to this charming, open concept Viceroy style cottage on beautiful Contau Lake. Designed for four-season living, this inviting retreat features an eat-in kitchen, cozy living room with wood stove, and three bedrooms, each offering vaulted ceilings and a bright, spacious feel. Enjoy south facing lake views from the sunroom, or step outside onto the expansive decks featuring clear panel railings and a louvered privacy fence on the upper level, perfect for relaxing, entertaining, and taking in the peaceful surroundings. The property offers 126 feet of south-facing shoreline, with deep water off the dock, ideal for swimming, fishing, boating, and enjoying everything Contau Lake has to offer. The lake is known for its excellent water quality and provides a wonderful setting for year-round recreation. Outdoor amenities include a single-car detached garage and three additional outbuildings, including a convenient storage shed near the water, and another with potential to be converted into a bunkie for extra guest accommodation. An ATV trail down to the lake makes taking extra water toys and treats to the dock effortless. Located just five minutes from the village of Gooderham, you'll have easy access to local essentials including groceries, gas, and the LCBO. A wonderful opportunity to make this lakeside retreat yours! (id:66096)

Property Details

MLS®: X13662798
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 100 × 261 ft (26,140 sq ft)
Frontage: 100 ft
Basement: Crawl space
Heating: Forced air, Propane
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Property Tax: $2,736/yr
Listed: 85 days ago

Rooms

Ground level

Kitchen: 10 x 15.6 meters
Living room: 21.1 x 11.9 meters
Bathroom: 8 x 5 meters
Primary Bedroom: 11.5 x 10.4 meters
Bedroom 2: 11.5 x 7.7 meters
Bedroom 3: 11.5 x 7 meters
Sunroom: 15.7 x 7.1 meters

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

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave, Water Treatment, Furniture, Water Heater
Foundation: Block
Exterior: Wood
Lot Features: Wooded area, Irregular lot size, Country residential

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Highlands East (Glamorgan) listings, avg age

103d

Price / ft²

$611

List price

$550K

Homes here sell below asking price

Homes in this market sold for an average of 94.3 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 Highlands East (Glamorgan) has been listed for 85 days, which is 18 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Ball Real Estate Inc. · Adele Barry

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0M)

This home lists at $549,900, about 6.9× the local median household income of $80,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $80,000
Population: 53,815
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K0M)

$549,900· $611/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$228/mo

Total monthly$3,110

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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