$699,900

For sale

1304 Lower Monmouth Lake Road, Highlands East (Monmouth) - Single Family for Sale

1304 Lower Monmouth Lake Road, Highlands East (Monmouth), Ontario, K0L2Y0

0 beds0 baths25 parking350 ft²1234 × 7221 ft (204.56 acres) lot sizeListed 91 days ago

Overview

This home in Highlands East is for sale offering roughly 350 sq ft of space. It has been on the market 91 days, fresher than the Highlands East average of 125 days.

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Description

Welcome to 1304 Lower Monmouth Lake Road, a rare and expansive 214-acre waterfront parcel nestled in the heart of Ontario's cottage country. Offering over 1,700 feet of lake frontage on Lower Monmouth Lake and complete seclusion, this property is the ultimate retreat for nature overs, outdoor enthusiasts, or visionary investors. Surrounded by towering trees and untouched wilderness, the land includes five mobile trailers already in place, some with hydro, septic, and water hooked up. This property is truly miraculous, and offers flexible use for seasonal stays, hunting camps, or potential rental income. Whether you're looking to build your dream, develop a recreational retreat, or simply enjoy the peace and privacy of the great outdoors-this property delivers. Located just outside Tory Hill, you'll enjoy the tranquil setting of this incredible property while still being within reach of local amenities. With trails, wildlife, and wooded bliss in every direction, this is a true slice of Haliburton Highlands paradise. (id:66096)

Property Details

MLS®: X13646882
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Parking: 25
Interior Size: 350 ft²
Lot Size: 1234 × 7221 ft (204.56 acres)
Frontage: 1,234 ft
Basement: Other, See Remarks, N/A
Heating: Other, Other
Garage: No Garage
Waterfront: Yes
Property Tax: $3,294/yr
Listed: 91 days ago

Services

Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Highlands East (Monmouth) listings, avg age

125d

Price / ft²

$2,003

List price

$700K

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 single family in Highlands East (Monmouth) has been listed for 91 days, which is 34 days fresher than the city average of 125. Act while there is still low competition.

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Listed by Coldwell Banker Electric Realty · Jason Reynolds

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $699,900, about 8.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 73% 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)

$699,900· $2,003/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$275/mo

Total monthly$3,905

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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