$499,900

For sale

1055 Burleigh Road, Highlands East (Monmouth) - Single Family for Sale

1055 Burleigh Road, Highlands East (Monmouth), Ontario, K0L3C0

3 beds2 baths5 parking900 ft²72 × 253 ft (18,285 sq ft) lot sizeListed 62 days ago

Overview

This 3-bedroom, 2-bathroom home in Highlands East is for sale offering roughly 900 sq ft of space. Its $499,900 asking price sits right in line with the $484,900 median in Highlands East. It has been on the market 62 days, fresher than the Highlands East average of 127 days.

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Description

Year round home or cottage with 72 feet of sandy shoreline on Grace River. The home features bright sunroom and living room with large windows to expansive views of the lake, galley kitchen with separate dining room, primary bedroom and 4 piece bath. Downstairs boasts walk up basement, 2 more bedrooms, 2 piece bath, laundry and utility rooms. The property is fully serviced with a drilled well, septic, forced air propane furnace and 16kw Generac power back up. Enjoy miles of boating with access to 2 lakes from your private dock. Outside there is a garage with workshop to store all of your toys. Front deck overlooks the level landscaped lot and the river. (id:66096)

Property Details

MLS®: X13739970
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 1 above · 2 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 72 × 253 ft (18,285 sq ft)
Frontage: 72 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Propane
Cooling: Window air conditioner
Garage: Detached Garage, Garage

Rooms

Main level

Kitchen: 2.62 x 2.6 meters
Dining room: 3.89 x 3.21 meters
Living room: 4.92 x 3.21 meters
Sunroom: 3.89 x 2.51 meters
Primary Bedroom: 3.48 x 2.6 meters
Bathroom: 2.26 x 1.67 meters

Lower level

Bedroom: 5.97 x 3.19 meters
Bedroom: 3.28 x 2.51 meters
Utility room: 4.3 x 2.26 meters
Bathroom: 0.57 x 2.26 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, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding
Lot Features: Flat site, Sump Pump

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Telephone, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Highlands East (Monmouth) listings, avg age

127d

Price / ft²

$555

List price

$500K

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 (Monmouth) has been listed for 62 days, which is 65 days fresher than the city average of 127. Act while there is still low competition.

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Listed by RE/MAX COUNTRY CLASSICS LTD. · Marilyn Dillon

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $499,900, about 6.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$141/mo

Total monthly$2,774

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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