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$529,000
Highlands East
1440 Billings Lake Road, Highlands East (Glamorgan), Ontario, K0M1R0
This 2-bedroom, 1-bathroom home in Highlands East is for sale offering roughly 350 sq ft of space. Listed at $529,000, it is attractively priced about 22% below the $675,000 median asking price in Highlands East. It has been on the market 36 days, fresher than the Highlands East average of 104 days.
Bring the family and start making memories at this private waterfront cottage, set on just under 1.5 acres with 150 feet of frontage on a deep, beautiful lake. With plenty of room to play, relax and enjoy the outdoors, this is a classic family cottage with space for everyone to enjoy. Inside, approximately 600 sq ft of living space offers a comfortable open-concept layout with a living and dining area centred around a wood stove. The kitchen features a large pass-through opening to the living room, allowing you to stay connected to family and guests while preparing meals. Two bedrooms and one bathroom provide space for the family, while a loft above the kitchen, bathroom and bedroom area creates a fun hangout space for the kids. Outside, the property is set up for enjoying long summer days together. Kids will love having their own playground, while the screened gazebo overlooking the lake offers a comfortable spot for family meals, games or relaxing after a day on the water. As the day winds down, enjoy beautiful sunsets over the lake, creating the perfect backdrop for evenings spent together at the cottage. A 13' x 8' storage shed provides space for cottage gear, toys and outdoor equipment. With 150 feet of private waterfront, deep water, a generous lot and plenty of spaces for both kids and adults to enjoy, this is the kind of cottage where summer traditions and family memories can take shape year after year. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 104 days across the listings currently for sale in this city
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.
This 2-bed single family in Highlands East (Glamorgan) has been listed for 36 days, which is 68 days fresher than the city average of 104. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $529,000, about 6.6× the local median household income of $80,000.
Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0M)
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Loading rates, 30-yr amortization
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